GREY:MDCGF - Post by User
Comment by
stoic2on Aug 31, 2009 6:59pm
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Post# 16265618
RE: RE: This jump today has to be a crazy
RE: RE: This jump today has to be a crazyWell, I appreciate what you are saying, to a point. I realize there is a lot of 'potential' built in to the
future projections of medical/health stocks. However, we are not in the wild speculation days of
1999 -2002 anymore and, with the more recent meltdown in the financial markets, most investors
and companies have been forced to take a strong dose of 'reality medicine'. Also, the 'long term'
aspect these days is being looked upon with much more caution than it previously was a few years ago.
Overvalued Analysis.
When I was doing some DD last week, I received one company's analysis/view/report of MDG on Friday.
However, it was giving their opinion of MDG being 'overvalued' compared to its Price (at the time) of $0.56 per share.They also said it currently only rated it 'a hold' and put the Value/Worth of the stock in the single digits.
I will continue with my DD and check out some of the other aspects you mentioned. Thanks.