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Bullboard - Stock Discussion Forum The Medipattern Corporation V.MKI

TSXV:MKI - Post Discussion

The Medipattern Corporation > I like the decline
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Post by drilltip1 on May 14, 2012 9:47am

I like the decline

For a couple reasons, buy it lower (if you believe in the product) and it often forshadows a run up and in this case (seeing as they have a prodcut that is spreading) it makes perfect sense. Markets will hurt us along with most plays but we are growing and that's a fact that nobody can dispute. The trend of late is downward pressure, that's obvious to say the least and any rookie can call it lower but that doesn't change any FACTS that the product is getting installed in more and more places and I for one do not believe that the installs will stop where they currently are, they have set another trend and that's the trend that a real investor knows matters.
Comment by goofenoff on May 14, 2012 10:33am
I hate it when some one with an opposite view is right.  But given the worlds financial situation this down turn must be expected as most investor will not want to be 'in' for the ride. A lot of panic selling I suspect. Got to be invested in a company that is going forward with great expectations. In half a year when we see some financial progress here all will be good and enough ...more  
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