Medx Health Corp V.MDX

All good news.....

[bogeyfree]

...in the last month and we end up with the lowest SP in the last 5 years and to make things worse, 250,000 on the ask at .085. Please, help me understand someone!

[Dunworkin2]

Simply put, it's a newer way of thinking and doing (siascopy and Dermsecure), and it takes time for dermatologists and government health departments to trust in a new technology and a different approach. People don't change their ways overnight, same principle here.  Mdx is working to change the status quo. The markets will react and the share price will move up when broader

[bogeyfree]

Dunworin2, I appreciate your 2 cents but that doesn't explain the recent drop in the SP and the fact that there are so many people willing to sell at this ridiculous price?? As for the PP, it might be necessary but here we go again. I think I have been in 3 so far so that is why my patience is not what it was once.

[hopefull]

Guys I've been here a really long time. I was hoping they would have gotten here much sooner. What is really needed more than anything to speak to the market and state that yes Medx is the leader in the space is for finacials to state that it is commercially viable. Mike has stated in the past to expect these next finacials to show something of a beginning of commercialization. If it doesn'

[Insightful1]

I dont know if you only watch MedX as a stock but there has been a subtantial meltdown in the overall  microcap market. MedX has made a number of substantial announcements none of which are targeted to reluctant derms (whatever that means). Each one of the most recent announcments are with major distributors that will take MedX's technology to market. To refresh your memory; Nov 18

[Dunworkin2]

Mdx needs to start figuring out the best and most efficient and cost effective way to advertise their services (siascopy) to local markets that have siascopy available. It looks like Ontario siascopy locations are growing which is fantastic to see.  While investors are now seeing this take shape, we need to see that Mdx mgmt has a plan to advertise and promote Siascopy to customers to drive

[Insightful1]

I think your answer is as spot on as it comes.I think there is also a lot of tax-loss selling going on as well which would explain the volume. The good news is there are buyers however they are being cagey and taking advantage of the sell off to buy shares at a lower price. I would expect MedX to make a strong rebound after they get this year over and we start to see revenue ramping in Q1-Q2. I