Hi Bichon, I was lucky buying MYX in the 20s, (about 400K) and I intend to hold until 90c or $1 which I think is possible with some positive FDA approvals. The company will be fine, they have plenty of Fat to cut if need be and some areas of the business are doing really well. As for other investments I always hold a lot of CSL and accumulate, but the best buy right now for me is Clinuvel - CUV - they received FDA approval last year for their product and are now ramping up sales in the US which will double or triple profits over the next 1.5 - 2.5 years. The thing about CUV over other biotechs is they have been growing profits for 3 years now and carry zero debt, they even pay a dividend. On financials and fundamentals I don't think other biotechs compare especially now they have FDA approval - they received EMA approval a few years back and built a profitable business on that and they are now in the process of TGA and Chinese approval. They are pretty low risk at these prices and have enormous potential.
MYX Price at posting:
35.0¢ Sentiment: Buy Disclosure: Held
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