Yea, I remember the Pauly fish, and the worst part about it is he allegedly got back in on the way up after it shot past $0.05/share, it hit $0.08 then fell back down to $0.04 and he supposedly sold out for a loss. It's another example of why flipping and short term trading is very risky. It can make traders a lot of money quickly but it can also lose a lot of money in a very short amount of time. To assume that you have an advantage and can out-time the MMs and the market takes a lot of confidence, which typically is not very well placed. Then again the fundamental long term investing style has its weaknesses too, in that I for one held my entire position in SFIO through the price spike and subsequent high volume period and then even through the litigation fiasco and subsequent DTC lock; position is still intact through all of that and yet have not seen a profit yet in the investment. 
However, there are plenty of other long term investments which have sky rocketed, like HEMP, which have far outweighed and paid for the long time losers. I day trade currencies only, I would never even think of day trading or flipping these illiquid PK stocks. I agree though that RFMK is a much grander play on the MMJ industry than SFIO was; though SFIO still has it's niche, if management can ever get through the DTC force field. Its not over until the fat lady sings. And right now I do not hear any singing, just noise. 
Just my opinions.
GLTA
$RFMK!
