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Bullboard - Stock Discussion Forum Medipharm Labs Corp T.LABS

Alternate Symbol(s):  MEDIF

MediPharm Labs Corp. is a Canada-based full-service pharmaceutical company. The Company specializes in the development and manufacture of purified, pharmaceutical-quality cannabis concentrates, active pharmaceutical ingredients (API) and advanced derivative products. Through its wholesale and white label platforms, the Company formulates, develops (including through sensory testing), processes,... see more

TSX:LABS - Post Discussion

Medipharm Labs Corp > Tax loss in full effect !! LABS target of $1.75 BUY TIME :)
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Post by 1hot-techwoman on Dec 22, 2020 3:14pm

Tax loss in full effect !! LABS target of $1.75 BUY TIME :)

https://thedeepdive.ca/medipharm-labs-receives-price-target-reduction-from-canaccord-to-1-75/
Comment by gainwidpatience on Dec 22, 2020 3:28pm
Definitely not a tax loss selling! Anonymous is selling continuously to keep the price low.. around 90% sell off was from anonymous today. Unfortunately, mgmt is sleeping with big chunk of cash in hand (I believe $35m at the end of Sep)
Comment by lscfa on Dec 22, 2020 4:50pm
Note holder accelerating repayments again, getting paid in LABS shares and selling them on market to remain below 10% threshold?       Acceleration of Installment Amounts.  Notwithstanding anything herein to the contrary, during the period commencing on an Installment Date (a “Current Installment Date”) and ending on the Trading Day immediately prior to the next ...more  
Comment by lscfa on Dec 22, 2020 4:52pm
p.s. what moron negotiated this financing?    No wonder CFO was sacked.   
Comment by Lemoyne on Dec 22, 2020 7:43pm
This is more likely than not to be tax loss selling. the stock has been only gowing lower this year. Almost every single person that bought in long term or missed his swing trade will look at LABS to dampen the profit they made elsewhere. @isfca, at the price point that huge volume sold yesterday and today, the underwritter is most likely losing money even with 10% discount. I doubt it's the ...more  
Comment by 1hot-techwoman on Dec 23, 2020 12:48pm
This is a gift at this level :)
Comment by 1hot-techwoman on Dec 23, 2020 3:16pm
Please keep selling thank you :)
Comment by 1hot-techwoman on Dec 24, 2020 8:46am
Comment by srtman03 on Dec 24, 2020 12:03pm
Last day for tax loss is Dec 28th !! Im a buyer here and going into 2021 for LABS !!! These actions, some of which were taken late in the third quarter, and others subsequent to the quarter end, will prepare MediPharm Labs for significant performance improvements in 2021 as revenue under new customer agreements ramps up. Q3 2020 FINANCIAL SUMMARY -- Cash and equivalents balance at September 30 ...more  
Comment by 1hot-techwoman on Dec 24, 2020 12:13pm
100% :)
Comment by allibabba on Dec 24, 2020 1:01pm
Yep, looking bullish lol
Comment by 1hot-techwoman on Dec 24, 2020 1:22pm
Not about looking bullish...lol Take advantage of the tax loss as this is probably last day as traders take xmas off ! Getting filled at $0.50 works for me and going into next year with a $1.75 target :) GLTA Merry Xmas :)