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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 Jun 27, 2011 7:23pm
231 Views
Post# 18771208

The Voice of Reason

The Voice of ReasonGood evening all,

Just want to give all of you my opinion on todays release and my voice of reason. The Hunan project in my opinion fell apart I would say a few months ago. Taking a look a the market reaction (-6 cents on 65000 shares) is quite an observation. My thoughts on the lack lustre sell off indicates that no one really cares about this failure. The reason no one cares about this failure is because the market has never  taken the Hunan Project seriously. This non event was never factored into the price. No one ever beleived this would occur and hence the share price could not make it over .40 cents. The market understood that this would never happen. Thus the price never went dramatically higher and hence will not go dramatically lower.

On a positive note, I am glad Gastle came out front with this news rather than never anounce anything and let the Hunan project dissipate forever.

Keep up the Good Work Microbix, I am still a young man and can wait another 10 yrs.
Bullboard Posts