RE:RE:MBX Microbix a $4 stock - now at 0.63 - news imminentrjc7 wrote: ......that would be nice. How many weeks away are we from $4.00?
Probably a ways yet. At that price they would need some results to back the stock price. Won't happen this quarter. Next quarter may start you on the way. Maybe by Christmas there will be enough data for people to take notice as to what the stock is actually worth. At this point its all still speculation mode. There not making (and selling) 400 000 tests a week until they are actually making (and selling) 400 000 tests a week. A lot of things can happen in the meantime.
Still, I am bullish on the stock and think it will keep creeping up as long as they deliver on the numbers that they have thrown out there.