Just bought in to MVF today. I like to buy beaten down stocks which look oversold. One I bought earlier in the year was Memphaysis. It looked totally dead in the water but has now made a remarkable comeback. Memphaysis' recent partnership with Monash IVF is what sparked my interest. I can't believe how small the market cap is on this especially when you consider that there are start-ups which have never made a cent which are similarly valued. Surely being one of the pioneers in IVF is worth something even if the business has been struggling. Also, I've seen articles here and there which mention that male fertility is falling off a cliff, so that bodes well for the future (of the stock, not humankind). I know that shares are almost always perfectly priced, but my gut is telling me that this one will rally sooner or later.
MVF Price at posting:
90.0¢ Sentiment: Hold Disclosure: Held
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