GREY:MDCGF - Post by User
Comment by
Indicatoron Jan 28, 2011 1:40pm
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Post# 18041574
RE: RE: the .64 cent question
RE: RE: the .64 cent questionthat's certainly been the pattern here to date and is the bane of many small Venture stocks, BUT this news could be the game changing commercial news many MOU's and large funds and players have waited for, confirmation that MDG's science is truly a go! You have to believe with backing of US Gov, and a new large manufacturing plant in the works, MDG on the radar or many large players.
I think it could go either way but am leaning hopefully towards the non-short scenario. If memory serves, the latest PP warrants were priced at appx .50 so we don't have too far to fall and it may not be in their interest to push it back to that level if big contracts, big money and closing of deals are going to start piling up big time for MDG now.
Doesn't anyone have a better crystal ball? If so, I am all ears :-)