Replies to post #135077 on Medical Marijuana Inc (MJNA)

[Summitgains]

and then there is the little fact that many states are legalizing mmj. yet you refer to it as hype? seems real to me

[Art Vandeley]

you said fell 50% after they released financials on 8/14/13. Incorrect. It closed at .16 with a low of .15. Never fell back to .12. So, no, it didn't fall 50% in two days after the Gupta bump. It is still over 30% from the pre Gupta bump. Also the fall was more due to the Money Runners Group cashing out from their almost 100% profits from going from .12 to .25 in two days.


http://www.nasdaq.com/symbol/mjna/historical

2 - Only thing going for this stock is hype - as evidenced by the recent Gupta frenzy resulting in a 50% fall when the disclosure came out. The PPS fell to .12 from the high of .25 in just two days.