Microbix Biosystems Inc T.MBX

Sad to See. Sad to Say...

[ThoughtsOnThis]

A valiant effort by all at MBX. So much promise for so long and now caught in a bad place. Short of perfect execution from here on I'm afraid that MBX will trade back down to multi-year lows in the $0.20's After nearly three years I've thrown in the towel and sold my entire position. Good luck to all.

[wizzdumb]

Why?

[ThoughtsOnThis]

I simply beleive that the summer months will be extremely difficult for MBX (others too, clearly) and that there will be a re-entry point sub $0.30 in the not to distant future. Look, I really like this company, but there's no fighting the current market realityy. It's hard to be a small public company. MBX is proof of that...

[wizzdumb]

Well good luck. Personally I think you will regret your decision. This company hasn't been this strong in many many years and they are just now going to be entering a transformative quarter. Personally I'm giving them until Q4 results are posted sometime in October, if they are still promising instead of delivering at that point I think there will be consequences. 

[RazeKreations]

Q4 report will be mid December Q3 will be mid august It always takes an extra month to report year end results. Wizzdumb, i am with you. Great things are going to happen by 4th quarter. I am hanging in for the long term. Years ago i panicked and sold everything and i have regretted that decision since. Everything that I dumped ended up doing very well in the end. Don't want to repeat that

[mercedesman]

IMO they need Q3 and Q4 to prove to the investing community that they are more than a Covid play that will only sell VTM in ON.  I believe that they are (see QAPs, etc.).  In the meantime, the general market will produce head-winds for all stocks (intersperced with a few bear-trap rallies).  However, I would rather be hiding out in cash-flow postive Biotechs & Healthcare, and a

[wizzdumb]

There is nothing to indicate Q3 will be any different than what they have indicated and that is detailed in any of the analyst summaries. It will be good. Q4 is where things change significantly and what should propel us into the share price ranges that have been forecast. The total lack of really any news releases this year beyond attending conferences is deafening and hopefully will change very

[Mbxwatcher]

Agreed, however we are 4 business days away from the start of Q4. One would assume that if it was going to be "terrific" we would have seen announcements about the completion of automation, and subsequent material orders from QAPS customers to begin shipments in Q4. This is going to languish until they deliver some of those things. Its a difficult market to get any stock appreciation

[tasman99]

Time in the market vs try Timing the market, may be best idea regarding MBX

[RazeKreations]

Patience will definitley pay off on MBX.  The San Diego Torrey Hills Capital zoom meeting was very helpfull for confidence on the future

[wizzdumb]

Did anyone else notice the comment about $500M potential for QAPs with full automation from one building? Guess what, they are looking at another.  Also, I think we can expect a monkeypox QAP soon.  I bought more today.