Posted On: 05/03/2014 1:03:40 AM
Post# of 36729
It may seem that way. Why not short a stock that is at $.0732 than at $.0145.
Back in January and February there was momentum in the MMJ sector. Spillage from all the new laws that took effect at the first of the year must notably Colorado's legalization swept across the entire field of MMJ companies. It was too risky to mess with this field. Couple that with PharmaJanes going live, Dharmanol shipping, JanesCard as well as Simple Pre Pay that were a threat to go live and one could see why Janice Evans stayed away (at least in cognito). Then comes March and the threat of the merger appeared. Add a good dash of promos from Crystal Falls and again it was too risky. Low and behold Janice Evans didn't think that the promos would end in such a disaster.
It must appear to her this lull could be a bonanza. $.0145, if leveraged big enough, would bring in a tidy sum, especially if there was no downard resistance.
Back in January and February there was momentum in the MMJ sector. Spillage from all the new laws that took effect at the first of the year must notably Colorado's legalization swept across the entire field of MMJ companies. It was too risky to mess with this field. Couple that with PharmaJanes going live, Dharmanol shipping, JanesCard as well as Simple Pre Pay that were a threat to go live and one could see why Janice Evans stayed away (at least in cognito). Then comes March and the threat of the merger appeared. Add a good dash of promos from Crystal Falls and again it was too risky. Low and behold Janice Evans didn't think that the promos would end in such a disaster.
It must appear to her this lull could be a bonanza. $.0145, if leveraged big enough, would bring in a tidy sum, especially if there was no downard resistance.
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