Prior to the market open on August 16, we stated: “Medical Marijuana Inc., (MJNA), should be on the list for long traders. Swings will come and go on the stock, but the growing popularity of these hemp-based penny stocks is driving a ton of momentum into their PPS.” After some super-grow from the recent Newsweek write up about the industry, it comes as no surprise that MJNA stock will have tripled since our alert, currently up 294%, at some point today.
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MJNA Stock Chart
Market Cap: 83.20M
Last: 0.139, up 0.024 (20.87%)
Dollar Volume: $1,113,481
Average Trade Size: 14,864
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The marijuana sector has been extremely bullish leading up to the November election and is flowing profits into portfolio’s as quickly as a stoner can go through a bag of Cheetos. With alerts issued on Cannabis Science (CBIS), kicking off the year with 700% plus gains and now Hemp Inc. (HEMP) having gained 587%, the triple on MJNA, our alerts on the marijuana stocks have outperformed all the Awesome Penny Stocks picks this year.
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