Write downs, page-40

Kamikaze, I'm feeling it too with a huge holding. Someone must know the writedowns are bigger than we are thinking. Looking at the sells today, another day of large dumps by askers grouped to the millisecond.

I see a positive future for MYX. The company is still growing and ticks all of the boxes for a potentially recessionary future in the US. Medication is usually the last thing to be crossed off the list when things get tough. Generics usually are the choice for when things aren't so good. I also wonder if the UK Brexit stockpile effect will offset some of the writedowns. Short sold stock increased 400% since the writedown warning announcement in May but still relatively low in the scheme of things. Major shareholder has increased its stake and a lot of interest from listed managed funds (whom can't seem to make any profit).

I am lucky to have averaged in at 60c but 30 cents is looking more likely I am afraid. Though, if this baby drops to 30c, I will back up the truck.