GREY:MDCGF - Post by User
Comment by
rocket65on Dec 06, 2011 8:16am
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Post# 19294442
RE: RE: RE: RE: Good news...indeed
RE: RE: RE: RE: Good news...indeedYOu can have the best toaster in the world, no questions asked. But if you don't have a sales guy and marketing, then all you have is a toaster. But in this case medicago has partnered with a big toaster company who obviously likes how the toast looks.
Enough analogies. A big pharma partner, some $$ in the bank. A product that looks promising. I'm also excited about the H1N1 pipeline. That one could be a bigger and better product. Less explosive in nature, but could put chicken egg farners out of business. Biotech and lets face it, vaccines have been and still are sexy to the investors. Companies go from 50 million in debt to 50 million dollars a year or better, get bought out. It would be tough to buy out MDG because of the phillip morris' stake in the company. I think they own a huge number of shares. More than me anyhow... 8p All this to say, the company is doing goofy things every now and then, emotional buyers panic and sell. Good things are in the books for 2012. 2014 looks awesome with other products at the ready, with a vamped up factory. Licensing etc.... Dam.... can't wait. My RRSP could use a boost. Stupid euro....Enough rambling.