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Medicago Inc MDCGF

Healthcare Biotechnology


GREY:MDCGF - Post by User

Medicago Inc > Ready for next run
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Comment by oilandgaswellson Oct 07, 2009 10:02am
221 Views
Post# 16369173

RE: RE: RE: RE: RE: Ready for next run

RE: RE: RE: RE: RE: Ready for next runTechnical analysis on junior/developmental stocks is an unscientific approach to anticipate price moves. Medicago moves on NEWS and Corporate Developments. The more comprehensively the Company gets it's story told and sold, the higher the demand for shares, thus increase in SP.
Regardless of the TA on Medicago, when they release news on a deal with China or positive results of Phase 1 trials, the stock soars.
Day traders are gone, long term investirs are already in.  I agree with you .47 cents is a farce. Be patient and watch your charts but its NEWS that moves this stock...and the perception of value going forward that the NEWS creates.
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