Medicago Inc MDCGF

Did the anayst have unrealistic expectations?

[fairchij]

This statement says it all.

Medicago reports positive Phase I results for its avian flu pandemic vaccine

21 Dec 2009 07:00 ET

- Company's results amongst the best for influenzavaccine manufacturing technologies - 

I am of the opinion that we are on track for global market penetration starting with the signing of the 3 agreements. No doubt the short position has been covered and with any luck we will start to see the support return from the large shareholders. Who knows some opportunistic majors may be in discussions as we speak as they would certainly see this as a long term bargain.

[KingKyle]

Likely seeing short selling pretty much done after SP bottomed at 0.64.  Should be back at mid 70s hopefully when all things are said and done.  See the stock trade at this level to low 80s again for some time until MDG announced commercialize the MOUs. Correct to say the analyst over extended their target price but who knows $1 is the true value after all 3 agreements are executed.

[fairchij]

Re unrealistic expectations. I was not talking about the price targets. I think the price targets are a joke. I was talking about the expectations of very high response to the low dosage. The company does have the best available technology to build out world vaccine production at a fraction of the costs of all competitors and now it has been proven to be safe and effective in the phase one results