Microbix Biosystems Inc T.MBX

Q2 2022

[wizzdumb]

Q2 2022 in the rear view mirror, likely another record but have to wait until mid May for publication. 

Tough month for share price but have recovered somewhat. At least we know where the new floor is. I expect slow and steady climb unless big news come out. 

Once automation is fully in place we will be talking about $10-12M revenues per quarter, not full year. It's obvious the market still doesn't believe this but I have full faith the current team can deliver. Once that happens we'll be in the $2-3 range for share price and talking about 2024 full year in the $80-100M range. I won't predict share prices then. Throw in some positive developments with Kinlytic and then we can call it a party.

[buddyboybruce]

When MBX was 61 cents, you said, " At least we know where the new floor is. I expect slow and steady climb..." Believe me, I wish you were right. But unfortunatley you were off, as we touched 47 cents based on a slow and steady decline.  Do you think we'll close about 50 cents today?

[wizzdumb]

I think you should buy a nice relaxing TSX ETF or hire an advisor and not try and day trade a very low trading volume microcap. All of your questions have been answered ad nauseum by many knowledgeable people here. Nobody has a Crystal ball, all we can do is research and analyze the company fundamentals and prospects, which are incredibly strong and growing. If you are worried about short term

[buddyboybruce]

I know what you are saying, but there is kind of like a MBX meltdown so far in 2022. It was over 80 cents for New Year's Day. 

[buddyboybruce]

You are right about the fact that no one has a crystal ball, but I was hoping for some support at 65 cents.... then at 58 cents.....