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Bullboard - Stock Discussion Forum Medicago Inc MDCGF

GREY:MDCGF - Post Discussion

Medicago Inc > Hard to compalin about this stock.
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Post by fairchij on Sep 23, 2011 11:45pm

Hard to compalin about this stock.

The TSX is down about 18% in the last 6 months, MDG up about 35%. I was very relieved to see that they were able to secure financing under the current market conditions at above the prevailing market price. It also appears like the major pharma they are currently collaborating with for non-influenza vaccines are taking down part (probably a large part of this financing). I seriously think you should be happy with growth potential. The interest by major pharma sure provides a level of confidence in the technology.By the way good news is good news when ever it is issued. Bad news is best issued on a Friday. I see this as a good news release.
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