Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Medicago Inc MDCGF



GREY:MDCGF - Post by User

Comment by blitzer2on Oct 11, 2012 1:11pm
233 Views
Post# 20473743

RE: Sold my shares, sad day

RE: Sold my shares, sad day

rocket65, the number one reason on your blog for leaving MDG to join MMT is, as you call it, 'Dilution hell' with MDG. Sorry I don't get it, with MMT at 356M shares out, that makes them more diluted than MDG to the tune of 108M shares, is that correct?

And unless you got in MMT before the pop of .29 on June 27, I believe it's going to be tough now, at around 1.60, to get much more upside going forward from here, given that world oil demand is receding currently. Global oil demand is looking weaker as the slowing economy takes it's toll on consumption. In the first nine months of this year demand for oil products fell 9.3%.

With MDG at .47 I believe that long term, it offers much more upside than MMT from here. But good luck to you.

<< Previous
Bullboard Posts
Next >>