RE:RE:Tough market for...Hi all, I've been a long time investor in MedX and have read this board religiously and finally thought I'd throw my 2 cents in. I have also spoken to management on several occassions on several different topics and here is my take from those discussions.
I had got the impression that management doesn't really care about the retail investor, to which I ask why did you go public then. Over the two years I have heard more about the company from insightful than I have from the company, and one wonders why with all the news that the stock continues to drag it's feet and even stumble onto it's knees every once in a while. Investors need reassurance and I am sorry Insightful you just not the reassurance that invelstors are looking for, no matter how informational your posts are. It's not coming from the company and so until we the investors are kept up to date from MedX and not a poster on stockhouse, the retail side of things will never materialize and until as Insightful stated the real brokers and hedge funds can come into this investment we will be stagnant for the forseeable future.
Until that point all we will see is the continued trading action of what I feel is probably 2 or 3 traders that are in cahoots with each other for short term trades with 12% to 15% gains on a regular basis by trading the stock up then trading it back down again due to the lack of liquidity. I've watched the trading action for well over a year now and it's not hard to spot what is going on. The only bright spot we have is Manulife and I am not quite sure as to what that is about yet as management has denied any type of large fund investments to date.
So here is a heads up to management. We are in a new era where you MUST speak to your investors and keep then updated for if it is left to a stockhouse poster you can forget about the stock price ever going anywhere for quite some time.
Just a side note, for some reason trade seems to pick up for a day or two when Insightful posts. I'm not implying anything but do find it quite odd and now I'll return to the read only section and what for the next news from stockhouse as opposed to the company itself.