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Bullboard - Stock Discussion Forum Medicago Inc MDCGF

GREY:MDCGF - Post Discussion

Medicago Inc > Stcok is leaking momentum
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Post by oilandgaswells on Jan 05, 2010 5:22pm

Stcok is leaking momentum

Never thought I would see this happen but it has. Management has always been pretty good about banging the drum and getting attention. Seems ever since they did the last Huge financing...crickets....Almost like they don't need to promote anymore now that they are cashed up for good.
What we need is those that participated in the financing to start promoting to their client base. They didn't buy $10 million in stock @ .72 to lose money. Obviously their investment time horizon is their own buy something has to give. We are back to levels where it was trading in July.
Mr. Sheldon, please give us an update on where things are with partnerships and JVs. You stated at least one of the deals could be done in two weeks after the phase 1 results. Lets go....
Still long and somewhat positive but I want too see more than this slow drip lower......GLTA
Comment by fairchij on Jan 05, 2010 8:09pm
Yes the stock is leaking momentum but we still have lots of buyers with no news. Once the news starts flowing again, and it will those who have stayed with this stock who have not been influenced by the shorts should do very well. Good lord I have a hard time understanding how we have not attracted a larger number of buyers. We have all done our due dilligence and know the value. It does not have ...more  
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