No complaints from me here... Picked up a few more and would be quite happy to have another order filled... I can't participate in the PRR and so I'm very happy that some of the short termers who have been recently accumulating didn't get the immediate market response on the recent announcements that they were perhaps hoping for...
The Ann was OK but the the reality is that there is not a signature in place and the sales contract is in negotiations... Granted WL, I agree they wouldn't have announced it unless it would be already in the bag and its now just down to the fine print and signatures.
Here's my 2 bobs on how this one will play out... Just my opinion though..
From the News paper article some months ago and few recent announcements MDV would have hit the watch lists of various mum n dad investors and perhaps even a few brokers and players at the higher end.
A real and tangible announcement regarding the metamizer contract has presented the market with an anticipation play and a time frame to September for the anticipation to play out... The 3M deal with OBJ is a classic example of how anticipation can play on a stock... Or even VIL and its oil plays...
Two weeks leading up to September without further announcements or news paper articles MDV stock should start to see some of the moves of anticipation.. I'd be very surprised if it doesn't happen...
In OBJ when the Lab results came in, its SP was at .005 the following days it traded at .004... the SP is floats between .004 and .006 3 weeks later it gets a speeding ticket and the company responds by simply copying and pasting the previously announced lab results into the form . We know what happened after that speeding ticket.
I would have ramped this stock to the trading armies if it did have a signature and indeed when the contract is signed, I will be quite happy to throw a piece of meat into the trading ant's nests... There is certainly a building up of recent information to construct an exciting, viable and non BS company summary, lock that in with a signed contract and bingo.. I'm sure brokers will be watching very closely as this type of stock can pop and any time leading up to any heavy anticipation trades..
I'll do some beer coaster maths tonight and see with reasonable approximations on existing data what the share value should be just on current activities and not inclusive of growth potential.. I'd hazard a guess that an SP of 3c will be a conservative but realistic approximation without doing any math.. So my sentiment is, buying for the mid and long term at this this level is a no brainer.. But still not with out its risks if you can find them.
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