Charts, MYX need to just cut generics all together. That part of the business is just an anchor on the SP and will continue to be so while the hang onto it. If it was your company and you identify an issue that’s just bleeding the balance sheet, you would just package it up and unload it. I don’t know whether it’s pride or ego but this companies management just can’t admit a mistake, cut losses and just move on. I know they’re steering away from generics, but way to slow and it just saps confidence when reporting season comes around and everybody sees where the losses are. You can bet your bottom dollar some entity will be looking very closely at upcoming developments , take this thing over, dissect and keep the profitable components and dispose of the rest , including the management. 18 mths is enough to stop the rot but self preservation at the top is obviously paramount !
MYX Price at posting:
34.0¢ Sentiment: Hold Disclosure: Held
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