Still plenty of time for this to tank down to 4 cents before October. July and August will be long months for you desperate pumpers who are trapped in the stock.
Then in October, Michelle begins to sell her 15 million shares.
Then you have November and December...Difference is, no election hype this time. See historical data for stock price on non-election years, factor in damaged company reputation from recent pump-and-dump scheme, factor in guidance being completely missed. CANV will not sell a single share. It will give MJNA worthless shares as payment for the inventory as agreed. At that point in time, MJNA will be worth under 4 cents.
I disagree its not about the election hype, its about the legal legislation that goes with it... This is a long term play, IMO shorters and daytraders will do well withis stock now, But the longs imo will eventually do well in the end, all these mj stock will be winners......imo
Imagine holding long in a pump-and-dump scheme, and every day checking the stock multiple times a day, even posting to try to pump it up to no avail. How much better and free life would be, if you had the sack to cut your loss when it was appropriate.