OTCPK:MECVF - Post by User
Comment by
AlwaysLong683on May 19, 2021 2:16am
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Post# 33228154
RE:RE:Reasons Why MDF's Share Price Has Been Dropping....?
RE:RE:Reasons Why MDF's Share Price Has Been Dropping....?sun, yes, there is uncertainty re. future quarterly earnings reports and how long it takes for new revenue to be realized and work its way through the accounting system, and if you think the share price will fall further, you can obviously implement whatever strategy you are most comfortable with.
However, I would agree with YOUR last point that it's still a good investment, and my bet is that MDF will pay off quite handsomely over time. I cannot predict what the numbers will be when MDF next reports, but I am really impressed by the CEO, his transformation of the company, and how busy employees apparently are in trying to meet client orders. In fact, it appears MDF's biggest problem is hiring more talented people to work on meeting such commitments and creating further innovations in their service offerings.
I don't what MDF's share price will be over the next 6 to 12 months or how much further it will fall before reversing course and moving upward, so my strategy = to sit tight and perhaps add on share price dips. JMHO.