Microbix Biosystems Inc T.MBX

YEAR LOW

[tasman99]

not a good trend

[wizzdumb]

If you are worried about a half penny you should be in an ETF. It's been floating in this area for a while and will continue until there is news on some front(s). The cheaper it gets in the interim the better as you or the company can buy more if you are done your due diligence. Fundamentals and have not changed and are strong as ever. Not far way from next update and each day gets us closer

[tasman99]

thankyou, however I am a believer the "trend is your friend" I have purchased all I needfor a long time, now I would  prefer to sell at a much higher price '

[wizzdumb]

Markets are not rational nor perfect. Technicals don't work in my opinion. Do your due diligence and wait. If you invest in trends get into bitcoin, it's going up!!

[tasman99]

I have waited over 20 years...so my frustration is understandable. imo Bitcoin is like a pyramid scam  enjoy 

[wizzdumb]

That was my point. I wouldn't touch bitcoin with a ten foot pole regardless of whether the "trend" is vertically straight up. Many of us have been waiting for years. Current management is best ever and they now have extremely profitable products, lots of cash,  and a realistic and achievable growth plan. You cannot compare todays MBX to that of previous years. Give them time

[tasman99]

still holding ,waiting for a trend reversal...up...sooner than later..good luck to all

[rjc7]

The one consolation to all this selloff of late is that most of the shares have been picked up by the Company itself,  and will be retired never to be issued again.

[wizzdumb]

Yes, there should be no need for financing for the next few years anyway, a far cry from what happened in the last 5-10. 

[Mbxwatcher]

In my opinion we are near the bottom.  I expect the first quarter to be poor on the top line and a loss on the bottom line.  I think the market knows that.  I think it's possible we slide a few more cents after results.  However, I do also think we start to rise after that. Both fundamentally, and in news. I think we see a corresponding rebound in stock price in the second

[wizzdumb]

Agree. May continue to drift down in half cent increments and low volumes in the absence of any formal news. Majority of these shares are being bought back by the company and cancelled so no big deal unless you absolutely need to sell your own which would suck. Fundamentals still stronger than ever and it's just a timing game now, don't miss out when it pops on news as it will go fast and

[doorknob80]

Not used until they decide it time to issue more undeserved options! Which you can be assured it will happen at the Shareholders expense. DK