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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

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Comment by srtman03 on Jan 12, 2021 7:30am

RE:RE:Current target price for LABS is $1.98 !!! Cheers....

1hot-techwoman wrote:
srtman03 wrote: https://www.marketbeat.com/stocks/TSE/LABS/price-target/


Nice :)



REPEAT - MediPharm Labs Ships Company Record 550,000 Units in Q4 2020 Tuesday, January 12, 2021, 7:00 AM ET REPEAT - MediPharm Labs Ships Company Record 550,000 Units in Q4 2020 Expands Health and Wellness Product Portfolio, Distribution Partnerships and Sales Team -- Total units shipped up 205% over Q3 2020 as production takes flight for many top cannabis brands -- MediPharm Labs CBD50 brand ranks #3 in CBD oil and #5 in oil category in Ontario Cannabis Store sales -- New provincial supply agreement with Nova Scotia Liquor Corporation -- First and only producer to launch consumer sized 99% pure CBD Isolate in Canada BARRIE, Ontario, Jan. 12, 2021 (GLOBE NEWSWIRE) -- MediPharm Labs Corp. (TSX: LABS) (OTCQX: MEDIF) (FSE: MLZ) ("MediPharm Labs" or the "Company"), a global leader in specialized, research-driven cannabis extraction, distillation and derivative products, achieved Company record finished goods shipments of 550,000 units in the fourth quarter of 2020. These results and the update that follows reflect corporate progress of the Company's Canadian domestic business only. The Company will provide a separate update on the progress of its Australian and international businesses. "Shipment volume is a key measure that illustrates growing market demand and our ability to meet that demand through our GMP-certified facilities, " said Keith Strachan, President and Interim CEO, MediPharm Labs. "This new milestone is something to celebrate but also to surpass as we focus all efforts on accelerating growth and improving profitability in 2021 consistent with the action plan introduced in November."
Comment by 1hot-techwoman on Jan 13, 2021 12:05pm
Future is looking bright :) $$$$ Not the time to be selling I can tell you that :) GLTA
Comment by srtman03 on Jan 13, 2021 2:23pm
100% !!
Comment by IntelInvestor on Jan 13, 2021 3:59pm
Awesome! Thank you for sharing.
Comment by 1hot-techwoman on Jan 14, 2021 8:10am
Your welcome :) The bottom was in....now onward and upward !! Better times lay ahead for LABS $$$$ GLTA
Comment by srtman03 on Jan 15, 2021 8:29am
Bring on larger revenues going forward and that $1.98 target !!! Cheers
Comment by flad101 on Jan 15, 2021 3:42pm
Just like I thought.  One little bump up and I shorted.  Glta. I'm on the other side again.  
Comment by alleyesonme on Jan 15, 2021 4:47pm
Big mistake! Once they provide the international update probably next week labs will soar even higher. A slight pull back is expected after a nice rally. The domestic order update is signalling strong 4th quarter revenues. Many catalysts on the horizon after hitting rock bottom the last few months. I Don't get why anyone would short this right now unless your goal is too loose money. Glta
Comment by lscfa on Jan 15, 2021 9:22pm
Flad thinks he has to make back money on the same stock he lost it on. Dumbass emotional investing.  
Comment by flad101 on Jan 15, 2021 9:49pm
Iscfa. Your proving to be the biggest clown out here again.  I've made way more by shorting medi than when I lost when I went long.  Ive been reading your bs for the last year when you where going on and on about medi going to boom. I t went from the 5 dollar range to .50.   I have zero emotions tied to this stock.  And we will see. I'm short again. I'm already up ...more  
Comment by Hound2010 on Jan 16, 2021 5:31pm
Who cares. The idea is too make money whether it be short or long. I applauded Flad if he is making it short. I am long and believe this stock will hit 5 bucks by the end of 2022. I also believe it will be bought out once sp improves
Comment by alleyesonme on Jan 16, 2021 10:42pm
I'm curious to know why someone would take a short position in labs at this moment. Perhaps they know something I don't and I'm interested in a perspective that's different from mine. Sharing ideas, news, perspective is why most of us read this stuff. Being respectful of everyone's position whether short or long is important to meaningful/helpful discussion. That's at least ...more  
Comment by Conister011 on Jan 17, 2021 9:03am
I often take a short position in a stock if it has had a big move up but has not broken through resistance.  Labs has had a big move off the bottom and is consolidating.  If it breaks above .79 and stays there I would sell my shorts quick.  However, a move back down to the .60s would provide a nice short profit especially if I shorted at .88 on Thursday.  Either way I firmly ...more  
Comment by Conister011 on Jan 15, 2021 8:07pm
Be careful.  This stock will follow the overall POT market which is very bullish right now.  I have been on both sides of this trade but left my short in the. 50s .  Glta
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