Replies to post #133299 on Medical Marijuana Inc (MJNA)

[Mygolfballs]

What happens if CannVEst stock tanks? Does MJNA lose the ability for that $$ to be the same value? What does the money from CannVEst have to do with the 6M reported on the balance sheet. Damn, I'm acting like an investor....Yikes.

[nopancakemix]

Mr. Park Here is an "Explanation"
I have bought at .03 and sold twice at .16 and .47
My real cost basis is 0. Why on earth would I sell my remaining, paid for holdings and risk new money (albeit profits) on a position at a higher price? What happens if I buy $50,000 more worth of MJNA at .16 and the stock dips to .03? Say goodbye to any profits.

I am in MJNA because I have been involved in cannabis for 2 decades, growing, selling and consuming. I do not want to miss out on an opportunity to LEGALLY invest in cannabis and have bought shares in several MMJ companies. But I do not like these stocks for trading because while the share price is low enough to buy big lots, the liquidity is often not there to move the lots.