GREY:MDCGF - Post by User
Comment by
basementon Jan 07, 2011 1:06pm
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Post# 17939588
RE: RE: dBass - chill, rhetoric eh!
RE: RE: dBass - chill, rhetoric eh!
dbass
Agreed. I apologize for wasting everybody's time by holding Rickey's feet to the fire. Very unproductive.
However, I believe, he hit on what will be the near term success of this company. In my opinion (only based on my experience) is that MDG will have major problems breaking into the mature markets such as US, Canada, Europe etc.. The reason for this is that Glaxo and the other major drug companies have been selling into those markets for dozens of years and have all the contacts, relationships and make boat loads of money off them. They are not going down with out a fight. It will take some time for MDG to be a major player here
However, this does not apply to the emerging markets (India China Indonesia etc.) and I believe the concept of cheap, faster, safer and whatever will carry the day and offer MDG near term sales and profits and will drive the price of the stock. If these people are sitting out there drooling over the prospects of Phase II results, it would get my attention and make it worth to adding to holdings.
It would useful to this board (at least to me), if someone does have some intelligence or opinions on this subject and could share it with this board.
Hope I am not wasting people’s time.
Basement