Medical Marijuana, Inc. (OTC: MJNA), is off to a fairly stable 2017. Starting January 3, 2017 at $0.154/share and ending February 17, 2017 at $0.140/share. Between January 6 and 17, the stock maintained a stable closing price of $0.18/share.
This may be a sign of stability growing in the up and down marijuana penny stock market. Although it may be that most marijuana stocks are overvalued
, if the hype can sustain the price will sustain as well. More interesting than this year is what has happened over the last 12 months.That’s quite a gain since February 2016. The stock is up over 500%.
Do you think Marijuana Inc. hold up to the hype or even go much higher? Leave your comments below!
*The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.
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