A friend told me of this stock this morning (before the market opened)...it closed yesterday at $10.80 and today it closed at $43.90. I think they are in the medical marijuana business (he gave me 5 other stocks that are also in the med. marijuana business!)....do any of the investors here have a opinion on this stock!
Yeah, buy it at the open & sell before the close!
Sorry, that was just too easy.
Seriously though, very thin trading on this company that usually only trades 157 shares a day. That's 157, not 157,000. Even today it only traded 2566 shares, nothing after about 3:10 pm. So it doesn't take anything to move it - be real careful here, it could go down 20 or 30 in day too.
"MedBox, is an automated medicine dispensing machine that utilizes biometrics to identify users before dispensing and electronics to verify the physician?s recommendation remains active. The company?s MedBox allows pharmacies, hospitals, doctors? offices, and alternative medicine clinics to manage employee possession of sensitive drugs; and allows alternative medicine clinics to document that the user is a registered patient and the patient has a valid and unexpired authorization from a physician to possess and use the medicine dispensed."
