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Microbix Biosystems Inc. T.MBX

Alternate Symbol(s):  MBXBF

Microbix develops proprietary biological technology solutions for human health and well-being, with about 90 skilled employees and sales growing from a base of over $1 million per month. It makes a wide range of critical biological materials for the global diagnostics industry, notably antigens for immunoassays and its laboratory quality assessment products (QAPs™) that support clinical lab proficiency testing, assay development and validation, or clinical lab workflows.


TSX:MBX - Post by User

Bullboard Posts
Post by spirdolaion May 02, 2010 6:18pm
297 Views
Post# 17054308

No news is bad news

No news is bad newsPinchy, I hope you are right, however, in this business, no news is bad news. Combine that with the fact that the share price is going down not up, we are in for bad news. Insiders stopped buying, and what they did buy is not significant. My depth indicates that their is lots of shares on the ask so I believe we are going lower.

Wishing I wasnt long here.

I use to have allot of faith in this company, I feel their is no fundamental depth to this company anymore. They just want to line their pockets with your money. (exercising options and selling into the market)

Its a joke, and their inconsistancies have caught up with them, hence the share price at .35. No new money coming in because all the share holders have been fleeced.

All long shareholders like myself are waiting for this to get back up to a reasonable price so we can all sell and reduce our losses.

The only way to turn this around is for a complete management change or additions.

At this pace it wont be long before we hit a quarter and when the share price hits a quarter, I will thumb flick one to Gastle and tell him to hit the road.

If any insiders disagree with this post and have the balls, I dare you to post and help me change my negative attitude toward this company. I dare you.
Bullboard Posts