As far as current price action is concerned,
market is not excited about E4 AND IS factoring in a disaster in coming annual numbers.
It is a very leaky boat where every thing gets priced in way before the event.
Just think about it how 1.43 level was sold off and how 59 cents on E4 news was sold off.
So people in the know in the circle that matters, know it all way way in advance here in MYX.
CONCLUSION here is,do not read any company announcements,statements balance sheet,nothing.
ALL WORTH ZERO.
JUST LOOK AT THE PRICE ACTION and its chart.
I got in and stayed in reading all that was coming out about the number of products lodged for approval with authorities and worth how many bilion dollars of market they could get in.
However , i am not selling a single share because as a pharma man i strongly believe that E4 is a game changer.
If it does not make billions,that would REALLY BE A CERTIFICATE that this MOB HERE IS USELESS.
MYX Price at posting:
29.5¢ Sentiment: Buy Disclosure: Held
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