Well, the truth is MMJ doesn’t make any money at all . None. Niente.
Its revenues for the half year ending December 2016 were $0, yes like a joke. They ran a $4.5 million loss.
I'm a MMJ holder and I enjoy riding the waves of surge based on pure hype, just like I do the same with MXC, CPH and even with Zelda. But come on, the truth is we are all here to make money, not to find bs reasons to justify "massive potential" of some little pot stocks. There is no guarantee they will succeed and honestly, I find it very hard to justify MMJ's $57M market cap (yes, even with their harvest one shares).
I dropped all my shares as soon as the surge hit MMJ, now I'm back, waiting for the next ride. I'd be happier to buy more if it goes down to low 20c as it once happened.
MMJ Price at posting:
31.0¢ Sentiment: Buy Disclosure: Held
