This Week on MJNA, IGNT, PFNO, AEMC, TRTH
MEDICAL MARIJUANA INC (PINK:MJNA), ParaFin Corporation (PINK:PFNO), ARCHER ENTMT MDA CMNS (PINK:AEMC), Trai Thien USA Inc (OTC Markets:TRTH), Ingen Technologies Inc (PINK:IGNT)
MEDICAL MARIJUANA INC (PINK:MJNA)
Well here we are at a critical point at the start of the week, 8c.
This really is the break line for MJNA and I am thinking this week we will test it, the result is up to management. The stock had the potential to hit 50c but volume and too many day traders brought it back to the support level. With some luck volume will fall, the price will hold and the short term day traders will be gone and the stock should run to 20c.
There is the potential for short sellers to enter the market here, we need some good news fast and a quick move back over 10c.
ParaFin Corporation (PINK:PFNO)
This one is coming to life like I said it would, volume is returning and this on jumps around in big % moves, it should provide some profits for day traders this week, if they can sort out the ING bond deal this one may reach 1c to 5c, fingers crossed.
ARCHER ENTMT MDA CMNS (PINK:AEMC)
Not much action here but the Indonesian Coal sector is coming back to life, Bumi may surprise the market with a profit and then this one might jump, do not expect lots of volume, this stock will head straight to 50c and then we will see action, it has done it a few times before!
Trai Thien USA Inc (OTC Markets:TRTH)
As we said, this is another one that came back to life last week, 2013 it will trade over $2, it was $1 not so long ago, and it will be back there soon.
Ingen Technologies Inc (PINK:IGNT)
A lot of action around this one, it is a 10 bagger once it catches fire.
Heffernan Capital Management
Business Development Director – Private Client Group,
3 Raffles Place #07-01
Bharat Building Singapore 048617
Tel: +65 6329 6408
Fax: +65 6329 9699
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