I don't know if you guys saw this or read far into it but legalization is happening and this industry is developing into the real thing. YOU WOULD BE insane NOT to get in Now.
MJNA and PHOT are the plays here. Commence buying and expect institutional to pick up a few million shares this week.
Sentiment: Strong Buy
All I see are continuous posts about how pot is making it way into legalization, by state and hopefully federally one day. I think we're all aware of this by now. Like the Commish says in a nutshell. What does that have to do with MJNA?
There are many companies out there making products from #$%$ and hemp oil. MJNA is a holding company that owns a few small companies most notably the Dixie Elixer product line.
BIG DEAL!! SHOW US THE MONEY!!
In my opinion, once it does become legal at the federal level, and I think it will, but not for a few years at least. Then what? By that time, BIG money will be all over it. MJNA and your money will be long gone.
But hey, good luck to you and those who believe in this company.
I'm just sitting back watching this thing implode.
Look I can only speak for myself. Coffee is a great industry, but doesn't mean JAMN is a good investment. Marijuana is a great industry, however MJNA is addicted to issuing shares. Dilution is your enemy. Rand Paul for President 2016!
Sentiment: Strong Sell
The thing is this industry is very well positioned to make us all very rich! It may take a year to do but im so proud of us longs :). The fact MJNA still trades at 30 cents though is behind me for a company whos current valuation suggests a pps of a stable 45-50cent range. Breaking down the cash flows and revenue deals in combination with what i heard over the phone. This stock still remains 15-20 cents undervalued. I know its hard to take advice from people in yahoo forums but i have a 4 year degree in finance, i am a professional trader, and i know institutional buyers and we are all in agreement. MJNA should be trading alot higher. If one more state is legalized my friends (the institutional trader) will initiate a very large position in MJNA at any stock price under 50 cents. When i say large they have the power to pick up an easy 20-50M shares
Sentiment: Strong Buy