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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 > Why is everyone so obsessed with PR?
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Post by QContinuum1 on Apr 30, 2024 5:33pm

Why is everyone so obsessed with PR?

This DEA decision is great news for the sector and maybe even for LABS.  But it doesn't matter whether Pidduck goes on BNN etc etc and sings from the hymn sheet or not.

The only thing that ever has mattered for LABS is results.  LABS has never benefited from hype and that won't change now.  We're not looking for John Q micro-investor retail guy, we're looking for institutionally deep pocket types and they will only come once the numbers story makes them look twice.

If Pidduck and Hunter aren't liars, that time is within 6-8 months.

Comment by okgonow on Apr 30, 2024 6:39pm
lol ok so your not looking for people like you and me to take a position in MPL because of the potential this company has??? moreover if more people like us don't take positions in MPL and get the price higher no institutional investors wil be interested in MPL. The stock needs to be above $1.50 consistently for an institution to take notice and with a $1.50 SP you have to have the revenue  ...more  
Comment by QContinuum1 on Apr 30, 2024 7:28pm
Not sure what made you think I don't want people to take a position in LABS.  I simply stated that a marketing campaign isn't going to do anything for the shareprice as I do not naively believe that retail buyers would drive the volume to drive the price higher in any material way. Further, I never explicitly said institutions, I said institutionally deep pockets, which means NOT ...more  
Comment by Starkicker on Apr 30, 2024 7:43pm
LABS did benefit from hype in 2018 when the SP was driven up to $7.34. But to be fair, that was when everybody was throwing all their money at any pot stock they could find. Investors are more wary these days, especially for an 8 cent stock. I'll ask this, though... if the big boys aren't showing up until the mid-$1s, whose going to get it there?
Comment by QContinuum1 on Apr 30, 2024 7:56pm
Nah, it wasn't hype that took it to $7.  Back then, the revs were stratospheric and $7 was fair.  If LABS traded on hype, they would have been to $50 and beyond like CGC, and probably would have had the no name business not imploded so soon. Big boys will come in before mid $1s, they just won't announce that they are.  BNN interviews isn't the answer.  Pidduck ...more  
Comment by okgonow on Apr 30, 2024 10:11pm
  here is what you wrote  "This DEA decision is great news for the sector and maybe even for LABS.  But it doesn't matter whether Pidduck goes on BNN etc etc and sings from the hymn sheet or not. The only thing that ever has mattered for LABS is results.  LABS has never benefited from hype and that won't change now.  We're not looking for John Q ...more  
Comment by okgonow on Apr 30, 2024 10:32pm
  just to clarify the second comment of 6-8 months I am saying that those deep pocketed money guys won't be interested in a penny stock or anything under $1.50  if you don't agree with the $1.50 part what price do you think MPL has to be at for the " big guys" to become interested??? as far as PR is concerned I don't count Pidduck tweeting about his ...more  
Comment by QContinuum1 on May 01, 2024 6:56am
Nothing you highlighted is contrary to what I stated although for reasons I can't explain, you appear to have another comprehension issue.
Comment by Lvlchange on Apr 30, 2024 8:35pm
Profit
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