U6 is very, very smart first of all. Unlike most of us, he read the 8K top to bottom. Even more unlike most of us, he fully UNDERSTANDS the 8K. He was then gracious enough to EXPLAIN the 8K to all of us free of charge, on a message board. His post should have over 40 "thank you" replies by now. Thank him! Thank you, U6!
Now, U6, even though the Cannavest thing is a good move for MJNA and all of us longs, it looks like a long term thing, and in the short term we won't see anything good. It probably won't see .50 again for 6 months.
Thank you very much. I dont think we will be down here very long. This Cannavest thing could work out quicker than we think. Dixie is going to be a blockbuster. I think it is going to be the Coca-Cola of its market. We should not underestimate this stock. It ran pretty well. Technically it needed a break, but this is way oversold right now. This stock should never have drifted below the SMA on the daily chart. I think we should have solid support in the mid .30's short term. I dont want to really get into predictions though, I just want people to understand that what is happening right now, with the articles, naked shorting, and unwarranted bashing on these boards is all a product of manipulation.