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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 > New low ever
View:
Post by subaru1 on Nov 22, 2021 10:29am

New low ever

If something is cooking, nobody seem to be aware.
Comment by subaru1 on Nov 22, 2021 12:21pm
Again lower...
Comment by subaru1 on Nov 22, 2021 12:22pm
From here there is no floor...
Comment by mcamm10 on Nov 22, 2021 12:33pm
This post has been removed in accordance with Community Policy
Comment by subaru1 on Nov 22, 2021 12:43pm
Mcamm10 the market has a complete different story than yours like it or not and you can watch  the 3 stooges yourself. I respect everybody you should do the same or get a rest.
Comment by allibabba on Nov 22, 2021 12:51pm
And for the record it's not cash on the books, it cash and cash equivalents that could vanish quite quickly considering over 10 million of that is in delinquent receivables.  If they lose the court case and the 10 million and also have to pay legal fees they could be in sever trouble.
Comment by subaru1 on Nov 22, 2021 1:06pm
That is certainly one of the raison why the price keep going down.
Comment by mdjbrown on Nov 22, 2021 3:13pm
subaru1, the entire mj sector is taking an absolute beating right now due to so much market uncertainty. Now add to that fact that many investors who made a ton of loot on the cryptos and EV stocks this past year will be looking for tax loss to offset those gains. Medipharm is the perfect stock to sell as everyone holding this one is underwater. That my friend is the perfect recipe for shorts ...more  
Comment by subaru1 on Nov 22, 2021 3:45pm
I totally agree with you tax lost is certainly another factor to bring the price down, we will certainly need a good news to stop the bleeding.
Comment by allibabba on Nov 22, 2021 4:20pm
Insiders selling doesn't help either.  Check sedar.
Comment by DonRudy on Nov 22, 2021 4:38pm
Wow, insider selling near all time low.                     I highly doubt any insider would be selling If there was a blockbuster release around the corner, not to mention just above all time lows. Will this continue to drift into the teens? 
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