OTCPK:MGMXD - Post by User
Comment by
materialsgirlon Mar 09, 2017 10:01am
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Post# 25956527
RE:RE:RE:Is it the shorts
RE:RE:RE:Is it the shortsRe Trump;
I see little to like about him except that he will jawbone the drug industry to slash prices dramatically.
When I invested in AXY I had predicted that management would learn from mistakes. It now seems that they have not. At least, not so far.
The share price seems to grossly understate the potential intrinsic value. My only big concern is that they may have signed long term contracts (25 years or such) where the price eliminates the chance of making a reasonable profit on the assets forever. Big USA government grants are really good for someone. But if AXY has passed on 100% of the benefit to Google or Facebook then AXY investors are left with only stale crumbs.
Also, I am predicting a wholesale flush out of management if financial results remain terrible. However, I am hoping that we may see an immediate improvement. The share price is begging to reach C$1.00. It just needs a supporting case.
mat