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Bullboard - Stock Discussion Forum Medx Health Corp V.MDX

Alternate Symbol(s):  MDXHF

MedX Health Corp. is a medical device and software company. It develops and manufactures skin-related screening tools and phototherapy devices for pain relief and tissue repair. It focuses on skin health with its SIAscopy on DermSecure telemedicine platform, utilizing its SIAscopy technology. SIAscopy is a medical device technology that is used to scan skin for suspicious moles and lesions and,... see more

TSXV:MDX - Post Discussion

Medx Health Corp > Panic Selling
View:
Post by hobbs2969 on Dec 02, 2021 10:03am

Panic Selling

I have no idea why there would be people willing to sell 500 000 of their shares at 0.075 cents.  You would almost think that a halt is just around the corner.  This is a stupid decision on their part.  I am convinced that  best days for MedX lie ahead, so giving away your shares at 0.07 or 0.075 cents is foolish.  On the plus side though, I thank you for giving me your shares.  I am happy to buy them from you.  I just keep accumulating.
Comment by Dunworkin2 on Dec 02, 2021 11:20am
At this time of year many do tax loss selling (for cash account holdings) so if they have gains on other stocks, sell some losers to offset those gains. Then buy back after 30 day period to stay on the good side of CRA.
Comment by hobbs2969 on Dec 02, 2021 2:26pm
Thank you for the explanation, Dunworkin2. Much appreciated.
Comment by RetireAt45 on Dec 02, 2021 8:41pm
hello there Hobbs....I gather that your post is in reference to my earlier post where I stated that I dumped over 500K shares of this POS dog....if not then ignore what I'm about to say next...but if not...then here's what I have to say to you... My only "stupid decision" as you put it, was to buy that many shares of this POS dog in the first place. I had an ACB of just over 13 ...more  
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