development & production

Commercialization of protein-based vaccines & biopharmaceuticals

Free
Message: Why the share price has tanked
1
Jun 20, 2008 01:28PM
1
Jun 21, 2008 08:03AM
1
Jun 22, 2008 05:22AM
WOW

Jun 24, 2008 08:57AM
1
Jun 24, 2008 09:57AM
3
Jun 25, 2008 04:36AM
2
Jun 25, 2008 08:05AM
3
Jun 29, 2008 04:06PM
1
Jul 07, 2008 04:33AM

Why the share price has tanked

in response to by
posted on Jul 13, 2008 07:30AM

On July 14th, 2008, MDG has the 13 million shares from it's previous $.20 PP become free trading. It appears somone jumped the gun, locked in profits by shorting the stock down at higher prices and will cover when their PP shares become free trading. Apparently this is the way investors do things these days, with the current state of the stock market.

Now the market will be flooded by 13 million shares hitting the market all at the same time. To keep the stocks share price up over $.20 will require someone to buy up these shares before the stock can realistically even think of going to higher levels. Personally I will not be selling any of my PP shares until at least the start of the Phase One human trials, expected late in 2008 or very early 2009.

As countries start to plan ahead, just in case of a breakout of the bird flu panademic. MDG will most likely get a huge cash infusion, from one or more countries to lock up the availability of vaccines for their populations. This stock has huge potential for early investors as the story unfolds. However, one or two more PP's to get MDG's share price to the next level is probable. MDG is obviously not suitable for anyone with a short term investor mentality.

It is my belief anyone who buys in at current share prices will do very well going forward. But, it will require patience, so don't look for instant wealth on this investment. JMHO





Al

Share
New Message
Please login to post a reply