Always respect your research - well considered. A difference of opinion from me - I beleieve it's vital to consider the market, the company and *all* the information available.
MYX isn't worth more than $7.40 because no-one is prepared to pay that much for it. The market doesn't support MYX anywhere near $7.40. We got close based on limited Nextstellis figures just over a year ago, and it wasn't sustained when Nextstellis growth dropped away.
Long-term holders who have been blind to the market and the triggers for price increases or decreases have missed a serious opportunity to reclaim $ on their investments; most because MYX *must* be worth more than the Cosette offer. It isn't. Independent advice was going to shoot down the offer - it didn't.
Interested to hear you expectations for: "the next two profit updates in August and November, will affirm that to shareholders."
As I added to one of your posts a few months ago - if you seriously believe what you have written above you should be selling your house and investing in MYX as you can't lose. Cosette stay in and you get a $2+ a share windfall. MYX issue the positive profit updates you speculate - share price gains. I'm tipping you're probably doing neither as after missing the massive opportunity to make ~$3 a share, you don't trust the company to deliver on what you have been promising for a couple years.
April's update: "The third quarter results were impacted by lower than anticipated volume growth across Women’s Health and Dermatology segments with additional operating expenditures associated with promotional activities for Women’s Health products to build awareness and clinical adoption."
Was not great. Expenses continue to grow in that segment and revenue isn't growing anywhere near as fast.
Given the market reaction and lack of support when the potential of Cosette walking became reality - I would think it would be some time before the share price recovers should the offer disappear. Friday's bounce would be speculators getting back in for a nice win should the offer stand or be slightly reduced; again speculation.
GLTA - An interesting (and potentially lucrative) few months ahead.
MYX Price at posting:
$4.82 Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)