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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 > i get that there a lot of hurt buts
View:
Post by Chefboy69 on Mar 02, 2021 12:36pm

i get that there a lot of hurt buts

i have taken some losses in the weed sector

but LABS is undervalued now

take your emotion out of the game

good luck all
Comment by Righttothetop on Mar 02, 2021 12:57pm
I've taken some losses too Chef...and somewhat bigtime on this one.... And it may well be undervalued now, but they need to execute.  No more excuses, no more BS. They have agreements in the bag, enough cash to sustain them for a good long while and it's been diluted to hell and back.  FIRE isn't a good example at all, cause that's a hot mess and I never in my wildest ...more  
Comment by mixwhale on Mar 02, 2021 1:58pm
Looks like they kicked current shareholders to the curb on this one. I'm out. Will they even get this placement subscribed? It reads like they're circling the drain here, then financials are coming up on March 25. Yikes.
Comment by moneymachine88 on Mar 02, 2021 2:21pm
i'm lucky I got out when I heard rumors. I usually buy this stock when it drops 10cents but I think i will pass this time. Something smells rotten.
Comment by mixwhale on Mar 02, 2021 4:52pm
Yeah. This was one of my worst picks ever. I've been trading pot stocks since the beginning of the craze. I didn't check them out enough. Stupid is what stupid does. Ouch.
Comment by greendayyyy on Mar 02, 2021 5:16pm
When we compare ourselves we console ourselves. OGI net loss in the first quarter of 34.3 million and (0.17) per share. Price 4.05 and around 240 million shares. Potentially is this a better company than LABS I don't think. All cannabis companies have negative results and all have problems. I'm just trying to find a little positive.
Comment by flad101 on Mar 02, 2021 2:31pm
They will blow the cash in no time. Issue more shares until there's around 500 million shares.  And then a reverse split. It's coming. 
Comment by KTMFan387 on Mar 02, 2021 2:32pm
Let us know when you start to short again Flad. Thanks
Comment by Righttothetop on Mar 02, 2021 2:39pm
At one point I would have laughed in your face if you suggested a RS, but not it's possible....not probable just yet IMO, but certainly now in the realm of possibility.
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