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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

Comment by mercedesmanon Jun 27, 2022 11:01am
136 Views
Post# 34784534

RE:RE:RE:RE:RE:Sad to See. Sad to Say...

RE:RE:RE:RE:RE:Sad to See. Sad to Say...
RazeKreations wrote: Q4 report will be mid December Q3 will be mid august It always takes an extra month to report year end results. Wizzdumb, i am with you. Great things are going to happen by 4th quarter. I am hanging in for the long term. Years ago i panicked and sold everything and i have regretted that decision since. Everything that I dumped ended up doing very well in the end. Don't want to repeat that mistake


IMO they need Q3 and Q4 to prove to the investing community that they are more than a Covid play that will only sell VTM in ON.  I believe that they are (see QAPs, etc.).  In the meantime, the general market will produce head-winds for all stocks (intersperced with a few bear-trap rallies).  However, I would rather be hiding out in cash-flow postive Biotechs & Healthcare, and a few other select Recession proof categories, than pure technology plays, consumer stocks, etc. 
When the FED pivots (Q4?) thinigs will get very interesting.

MM

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