GREY:MDCGF - Post by User
Comment by
alexl1on Nov 15, 2010 3:24pm
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Post# 17708743
RE: Patience
RE: PatienceNow here's someone who seems to know what its like when you invest in pharmas. Its what I've been trying to say in every post I've made. Those with the attention span of an ant and there seems to be many on this bullboard expect instant reward. Medicago's timeframe has been known for a long time, research reports produced by the two analysts following medicago have said so to, 2013 is when we can expect they may start generating revenue (the end game).
I would definetely expect many multiples in return on your investment in two/three years rather than 5 years as you state.
Investing in Pharmas is a big gamble but Medicago has a great technology and their plan seems to be unfolding as planned. I feel very good about my investment in Medicago as well.
Again, great to hear from someone who understands what it like to invest in Pharmas.
Prested, if your in Pharmas, you might have heard about Depomed on the NASDAQ. Do your DD, might be a good stock to invest in. Big things happening with Depomed in the near term (January).