Palm Beach Gardens, FL -- (ReleaseWire) -- 04/15/2014 -- AimHighProfits.com knows penny stocks, especially hot OTC stocks, and does their homework. At AimHighProfits, we take research very seriously when highlighting and alerting on the best penny stocks and value investments on any stock market, including the OTC and PinkSheets. The penny stock picks issued at AimHighProfits are derived from the top penny stocks that we have evaluated for the best return on investment.
Marijuana stocks are taking a beating this morning which makes the timing of the latest penny stock pump and dump, Cannabis-RX Inc (OTCMKTS:CANA), very poorly timed.
Unlike many of the other cannabis stocks that simply issue out press releases to gain attention to their ticker symbol, Cannabis-Rx Inc. (CANA), a development stage company engaged in the business of acquiring a portfolio of properties to lease to marijuana growers, is backed by the rather substantial sum of $1.8 million. Penny stocks that get pumped with such large budgets often feature landing pages, email alerts from paid newsletters with some going as far as distributing hard mailers which is exactly what many are expecting will happen for CANA stock.
From our discoveries, the majority shareholder of 124.6 million shares of CANA stock owns them at a cost basis of just $0.000009 which increases the risk and limits the potential for the shares to increase since the profit to be had is so great as it is at 0.96.
Shares of CANA stock opened today at $1.02, only to reach as high as $1.04, before declining to as low as $0.93 on volume thus far of 472,727.
For a full review of CANA stock, visit: http://www.aimhighprofits.com/the-bull-about-cannabis-rx-cana-officially-begins-2014-4
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AimHighProfits (www.AimHighProfits.com) is a penny stock newsletter website that provides free daily alerts on hot penny stocks. AimHighProfits' penny stock alerts include news releases or daily e-mails on Small-Cap and Micro-Cap stocks in all sectors of the market. These include penny stocks with high or low volume, technical indicators and much more.
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