{"id":2508,"date":"2013-09-12T14:14:56","date_gmt":"2013-09-12T14:14:56","guid":{"rendered":"\/?p=2508"},"modified":"2013-09-12T14:17:38","modified_gmt":"2013-09-12T14:17:38","slug":"medical-marijuana-inc-otcmktsmjna-swinging-up-again","status":"publish","type":"post","link":"\/articles\/medical-marijuana-inc-otcmktsmjna-swinging-up-again\/","title":{"rendered":"Medical Marijuana, Inc. (OTCMKTS:MJNA) Swinging Up Again"},"content":{"rendered":"<p> <img loading=\"lazy\" decoding=\"async\" style=\"float: right;\" src=\"http:\/\/www.hotstocked.com\/articles-img\/small\/64MJNA_chart.png\" border=\"0\" alt=\"64MJNA_chart.png\" title=\"64MJNA_chart.png\" width=\"450\" height=\"201\" \/>Yesterday the stock of Medical Marijuana, Inc. (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=MJNA\">MJNA<\/a>) climbed by over 7% and arrived to a close of $0.17. Volume kept picking up and was 20 million shares, with notable spikes in the early session hours. <\/p>\n<p>The company&#8217;s recent price spasms have proven short-lived as the whole sector swung with the hype caused by the DoJ announcement that the federal authorities will not interfere with state-imposed laws. The excitement bubble burst just as quickly as it originally swelled and <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=MJNA\">MJNA<\/a>, along with every other green leaf stock, trundled down to its old levels.<\/p>\n<p>The most recent PR announcements from the company were related to <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=MJNA\">MJNA<\/a>&#8216;s participation in exhibitions and expos, through its portfolio companies. With no immediate effect on the price, those news releases were hardly the cause for yesterday&#8217;s 7% climb.<\/p>\n<p>Technical analysis aficionados will probably find a lot to dissect with the recent undulations in <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=MJNA\">MJNA<\/a>&#8216;s price but so far nothing has changed with the company on a fundamental level. What is possibly good news is that HempMedsPX is stepping up its participation in <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=MJNA\">MJNA<\/a>&#8216;s plans and activities. The company serves as a distributor and marketer for <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=MJNA\">MJNA<\/a>&#8216;s products and expanding its activities and popularity is probably the best bet <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=MJNA\">MJNA<\/a> has in popularizing its products, including the two new product lines announced last week &#8211; a body care range of CBD-rich products and a herbal supplement.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" style=\"float: left;\" src=\"http:\/\/www.hotstocked.com\/articles-img\/small\/22MJNA_logo.gif\" border=\"0\" alt=\"22MJNA_logo.gif\" title=\"22MJNA_logo.gif\" width=\"60\" height=\"60\" \/>Despite those developments, <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=MJNA\">MJNA<\/a> remains both volatile and with a current quarterly report that is less than stellar. The recent swings show that the sector is still being traded on hype and that day-traders will still squeeze what they can from any sudden jump in price. Traders are advised to tread with care, no matter which of the sector&#8217;s stocks they&#8217;re contemplating.<\/p>\n<p><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=MJNA\">MJNA<\/a> is currently trading 2% down in the early session.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Yesterday the stock of Medical Marijuana, Inc. (OTCMKTS:MJNA) climbed by over 7% and arrived to a close of $0.17. Volume kept picking up and was 20 million shares, with notable spikes in the early&#46;&#46;&#46;<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[8],"class_list":["post-2508","post","type-post","status-publish","format-standard","hentry","category-news","tag-mjna"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/2508","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/comments?post=2508"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/2508\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=2508"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=2508"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=2508"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}