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Bullboard - Stock Discussion Forum Medicago Inc MDCGF

GREY:MDCGF - Post Discussion

Medicago Inc > my latest two bits
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Post by Jentai on Jan 18, 2011 10:38pm

my latest two bits

Medicago is not doing a great job when it comes to promote itself. This is the nature of the beast. I would have expected as we are getting closer to the phase two results that MDG would be in the
.70 level by now. I must admit, I bought more shares at this level (
.53 to
.56). In spite of all the  ”postings” influenza is not a serious problem this year compared to last year generating much less interest in the media and less interest in MDG. I did not check with IR but if we are “moving” to North Carolina in July, I would expect that a “serious” listing in the US would be desirable and this move to a respectable US exchange would give us more visibility. As far as I am concerned we have the opportunity to get MDG right now at a bargain price. Keep in mind that jrs in the commodities sector is where the action and the money are right now. To make the point, to buy some more MDG, last week, I sold a few of my silver stocks: MDG did not move up but one of my “seller” is already up by 20%. The irony is that I could have “retired” this year on stocks that I sold in the past eighteen months to buy MDG. I am willing to be quite patient on this one considering that we MAY be holding shares in one of the brightest stars of tomorrow. In a few years down the road, I will either be called an old fool or an old wise man. My wife is already using the former; I much prefer the latter...however,  only time will tell.
Comment by wizwiz on Jan 20, 2011 10:48am
Medicago is not doing a great job when it comes to promote itself. I said the same thing 3 months ago. Why Medicago SP is so low IMHO, when phase 2 results are published and if they are successful I don't think there will be a sell off like there was with the phase 1 results. There is no ramp up in price like last time, so there aren't any profits to take. If the successful phase 2 results ...more  
Comment by beenthere on Jan 20, 2011 11:57am
It sure is not acting like a company that is going to save the world!
Comment by fairchij on Jan 20, 2011 7:46pm
Thanks for the update Jentai,MDG is looking like a star in my porfolio today! So much red on everything else. I think this will be the year for MDG.
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