Good point, I pulled all of my capital out of
MYX and slammed it into EVS. Switched
into a progressive company with very low
debt that’s in the process of taking on the
world. Myx just continues to disappoint it’s
share holders YOY. It’s written all over this
forum again today. The distrust of SR is
extraordinary and causes major reputational
damage to a company. Perhaps Myx will
turn it around, perhaps not but it’s hard to
believe in a company when no one believes
in the guy leading the company in it’s most
senior position. Investors should always
be wary of poor management because poor
managers lose investors money and fail to
grow the company’s wealth as SR has done.
Any investors should always carefully research
why they got into a company and from time to
time check if they’re still into a company for the
same reason. Most people here now are only
still in because they don’t want to crystallise their
losses because it hurts but it also stops them from
moving on and finding new winners elsewhere in
the market. Perhaps SR will eventually turn the
ship around but in the meantime it’s the damage
done in regards to dilution and regardless of what
anyone on this forum has to say, the Teva deal is
still playing out 5 years on with massive dilution
and shrinking profits. It’s a very hard lesson for
everyone to take that no one wants to take but
we all become better investors if we analyse
where things went wrong so we are less likely to
repeat the same mistake next time. SR has never
said that he made a monumental mistake with Teva.
One minute he was talking up an acquisition then
it was a change of company direction, Covid,
economic headwinds, in essence it’s never
his fault and there in lies the problem. He’s always
gambling with other people’s money. I hope Myx
turns around for everyone. If you’re not comfortable
with your investment then pull out and look for other
options in companies that are growing or likely to
hit pay dirt in the near future. The stock market is
a fast moving machine and severely punishes those
that are not up to it or just plain miss expected targets.
GLTAH that choose to retain their faith in SR and his
team, cheers and happy weekend.
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Last
$4.03 |
Change
-0.190(4.50%) |
Mkt cap ! $342.8M |
Open | High | Low | Value | Volume |
$4.10 | $4.22 | $4.02 | $1.235M | 303.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2500 | $4.02 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$4.04 | 164 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2500 | 4.020 |
3 | 6375 | 4.010 |
9 | 17920 | 4.000 |
1 | 164 | 3.990 |
3 | 1415 | 3.980 |
Price($) | Vol. | No. |
---|---|---|
4.040 | 164 | 1 |
4.050 | 164 | 1 |
4.060 | 164 | 1 |
4.070 | 164 | 1 |
4.080 | 164 | 1 |
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