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Bullboard - Stock Discussion Forum Microbix Biosystems Inc T.MBX

Alternate Symbol(s):  MBXBF

Microbix Biosystems Inc. develops and commercializes biological and technological solutions for human health and wellbeing. It enables the commercialization of diagnostic assays by making a range of critical ingredients and devices for the global diagnostics industry, notably antigens for immunoassays and its laboratory quality assessment products (QAPs) that support clinical lab proficiency... see more

TSX:MBX - Post Discussion

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Post by RazeKreations on Feb 12, 2021 6:07pm

Question

Can anybody make sense of the shares that have been traded the last couple of days?
Seems like there are a few people trying to keep the stock pcice depressed with tiny little trades that drop the price 1-2 cents. Some trades as low as 1 single share at a time. Just beats me on the purpose of doing that.  Thats why earlier i said it seems we are in the twilight zone and good news is bad
Comment by rjc7 on Feb 12, 2021 6:46pm
I think a combination of shorts trying to start a larger sell off in order to cover.  OR the odd lots < 500 shares could be brokerage houses cleaning up odd #'s of orders on their books.  
Comment by RazeKreations on Feb 12, 2021 6:53pm
Thanks rjc7  yes i was thinking maybe the short players trying to save their butt.  Such a risky way to invest clean up may explain the tiny little ones allright.  I just thought it was so odd, never seen that before with trades of 1,4,14,etc
Comment by tasman99 on Feb 14, 2021 12:18pm
MORE INTEREST TUESDAY  ONCE MBX GOOD NEWS IS DISSEMINATED?
Comment by ssdasmm on Feb 15, 2021 8:36pm
Lets hope so,  those Q1 results show at the height of the pandemic they were able to produce a record Q1,  they also topped revenue generated in Q2, Q3, and Q4 of 2020. Listening to the webinar again, cameron stated that January sales of QAP products resulted in them being the closest they have ever been to hitting a 1 million per month sales target.  Not sure how close but I guess ...more  
Comment by Method on Feb 14, 2021 2:35pm
I sincerely doubt there are shorts involved in the name. It's probably just people who don't pay that much attention to fundamentals i.e. most investors these days, who are up on their position and taking profits. The vast majority of longs aren't as informed as you guys. 
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