OTCMAGIC

Are Promotions Effective for Medical Marijuana Inc (PINK:MJNA)?

 
Repost This

Las Vegas, NV -- (SBWIRE) -- 04/26/2013 -- Medical Marijuana Inc (PINK:MJNA) declined by about 3% and is currently trading at $0.17.

The stock did not seem too much active, just moving along the grounds with least bit of energy. Its activity remained almost the same throughoutits trading session. Though in past couple of days Medical Marijuanacould be seen performing pretty well and also the effects of heavy paid promotions should be reflected somehow.

As the Medical Marijuana Inc paid a total of $67,500 for its touting promoters this month, like PennyStockProphet, StockHideout(dot)com, StockRoach(dot)com, PennyStockSpy, HSP team, 007 Stock Chat, and the list just keeps on going for this month. And with the pump of all these promoters the company generated estimated volume of $2,883,695 to date this month and had 18 hype emails to its investors.

Despite, the low activity of the stock in its last session, the traded volume of the shows interest of investors who have been supporting trade. Currently the traded volume stands at 5.4 million shares which is fairly higher as compares to its average volume of 15 million shares.

Currently the company is trading at a market value of $144.67 million and holds up to 808.24 million shares outstanding. Although Medical Marijuana slowed its pace from a past couple of sessions, but it’s a matter of time when investors will know which way it’s headed with heavily paid touts at the behind.

To find out what OTCMAGIC projects for Medical Marijuana Inc., for both short term and long term please click here: MJNA

OTCMAGIC Spends all day scouring the markets for the next huge Penny Stock Winner. Investors have come to trust us for our up to date commentary on all hot stocks so please visit OTCMAGIC right now and see what it’s all about for yourself! At 30,000 Visitors a Month and growing rapidly OTCMAGIC is the hottest thing in Stock Picks!

Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. PLEASE NOTE: OTCMagic.com employees are not registered as an Investment Advisor in any jurisdiction whatsoever. Full disclaimer can be read at http://OTCMagic.com/disclaimer. Release of Liability: Through use of this website viewing or using you agree to hold OTCMagic.com, its operators owners and employees harmless and to completely release them from any and all liability due to any and all loss monetary or otherwise, damage monetary or otherwise, or injury (monetary or otherwise) that you may incur. The information contained herein is based on sources which we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of the available data. OTCMagic.com affiliates may from time to time have a position in the securities mentioned herein and may increase or decrease such positions without notice. Any opinions expressed are subject to change without notice. OTCMagic.com encourages readers and investors to supplement the information in these reports with independent research and other professional advice. All information on featured companies is provided by the companies profiled, or is available from public sources and OTCMagic.com. We make no representations, warranties or guarantees as to the accuracy or completeness of the disclosure by the profiled companies. This is not a solicitation to buy or sell any securities. Any claims or Statements should be deemed hypothetical. OTCMagic.com, nor any of its affiliates are not registered investment advisors or broker dealers.