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Medx Health Corp V.MDX

Alternate Symbol(s):  MDXHF

MedX Health Corp. is a medical device and software company. It develops and manufactures skin-related screening tools and phototherapy devices for pain relief and tissue repair. It focuses on skin health with its SIAscopy on DermSecure telemedicine platform, utilizing its SIAscopy technology. SIAscopy is a medical device technology that is used to scan skin for suspicious moles and lesions and, including DermSecure, its telemedicine software application, and phototherapeutic medical devices, which use light energy in lower-level laser and light-emitting diode to provide treatment of pain and tissue damage in the rehabilitation market. Its products SIAMETRICS, SIMSYS, and MoleMate include hand-held devices that use patented technology utilizing light and its remittance to view up to two millimeters beneath suspicious moles and lesions in a pain free, non-invasive manner. Its SIAscopy on DermSecure telemedicine platform enables the Web-based operation of its SIAscopy scanning technology.


TSXV:MDX - Post by User

Comment by MightyWyatton Feb 22, 2021 7:35pm
152 Views
Post# 32633044

RE:RE:RE:Pull Back..

RE:RE:RE:Pull Back..Here is my two cents.

I was in MDX even before 2018.

As Apollo2014 wrote, the 2018 hike was due to the BNN presentation.

The main difference is the transaction volume leading up to the hike. Unlike 2018, this time the volume has been steady prior to the recent increase. As many people wrote on this board, there has been slow accumulation. This is going to strengthen the support, and I doubt it will fall back again dramatically.

AS you wrote, yest it was slow during Covid. And that's why the stock fell back to 0.09 at one point. Now we are reaching to the end (I hope) of the COVID era. The SP rises with the hope. When the Covid era is over, more people will go outside, enjoy the sun, more activities. Skin Cancer market has potential, and for a biomedical stock MDX's market cap is still too low. There are companies with bigger marke cap that don't even generate any revenue...nor have any products.  

If they want some buck, MDX is not the stock they would look in to. Honestly, right now, crypto stocks are crazy and you can make much bigger and safer money from them. 
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