RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:MDX Announcement
This stock is a speculative investment, not a scratch and win ticket. I am a patient investor and understand that Medx has had to overcome several hurdles to get where it is today. Behind the scenes, i know the team has been working hard and with NDAs in place its not something that they can update the investors on, on a regular basis. I think they have finally found the right fit for their product and I expect things to begin turning around for them shortly.
Yes i would have loved this stock to take off but i also understand they are not selling fidget spinners either, some serious due diligence has to be done before it gets picked up by any company. Constantly bashing the company on this board helps no one. Its a great product and its unfortunate it has taken this long. Funny thing is, it has more going for it today than it did a few years ago when it was trading at a much higher price.
Patience is key on stuff like this i think, a lesson learned for those investing in Canada and in Medical instruments is Nothing moves quickly.
Sometimes a poor performing stock should be sold, and other times sentiment is weighing down the multiple, but the business is doing quite well and it makes sense to wait for things to shift. Don't bother being a stock picker if you are going to let the stock price pull your strings like you are a puppet .