GREY:MDCGF - Post by User
Post by
FMS2012on Feb 16, 2011 8:24am
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Post# 18141510
I'm long in MDG
I'm long in MDGI think we can see major price improvement in 12-18 months on this one.
This is my opinion and it's based on 3 things:
1- The phase ll will be a succes later this year. (I'm very confident because the have strong US partners, shareholders that can talk with the FDA people...) This is key , (different than the eko strory in 2008... ) sniff sniff :-(
2- The us plant is up and running on time.
3- They do not do massive dilution at the level we're at now.
50-53 is a great entry point IMO.
Target 3-5$ in 18 months (based on competitor's share price)
glta