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May not be perfect but buyers love it.
That makes it a viable product
In October, 2 products, now 4
In October, Q3 had lower sales than Q2
Now strong Q4 numbers
In October, far fewer resellers
Now strong Letter to Shareholders optimistic of 2017
In October shares were at 8 cents.
Current price makes no sense. It should be much higher.
Was at 8 cents when conditions were worse. That was just in October.
MYDX. Expected much higher with strong earnings report to be released shortly.
MYDX. New employee shares incentive for working harder and better. The whole operation has been ratcheted up to a higher plane. This is good for employee and public shareholders.
MYDX to 3 cents with good earnings report. (current share structure)
Letter to Shareholders written AFTER they knew Q4 numbers. Should be strong Q4 numbers.
MYDX. Re-read Letter to Shareholders. Its VERY POSITIVE.
MYDX. Should be a solid earnings report. Otherwise they wouldn't have had such a positive tone in the Letter to Shareholders.
The stock is like a compressed spring. It'll go higher with a lot of released energy. Extremely oversold given very probably a good solid earnings report. (Based on positive statements in the Letter to Shareholders written AFTER the company already knew Q4 results).
They DO answer their phone. Keep in mind they are on Pacific Time. Select Customer Service.
Sale at 15:59:59. Should have bought at same time and get the .0019 close. I think we're turning up here. Earnings report and Letter to Shareholders all good.
MYDX. Much heavier BUY volume than SELL volume. Been awhile.
MYDX. Much greater upside potential than downside risk.
MYDX. BUY volume greater than SELL volume today
Reasons why MYDX shares should be higher
- The CEO took shares instead of cash! The CEO expects it to go up.
- The very positive Letter to Shareholders written AFTER the Q4 results were already known.
- The company expects to be cash flow positive and profitable in 2017.
- The company started shipping TWO new products mid-December allowing enough time to ship all the pre-sales backlog in Q4.
- The vast majority of user reviews have given the products a 5-star rating.
- In user reviews the comments from those giving it 5-stars had absolutely glowing comments about how much they liked the product.
- The company has the AeroDx product finishing development.
- The company has other new products under development
MYDX should be at 3 cents NOW, at 5 cents after the earnings report and at 30 cents later in 2017. (with the current share structure)
MYDX should be at $.03 with the good earnings report. The stock is EXTREMELY under valued at the current price.
Again I have no affiliation with the company. I have 33 years investing experience and was the senior analyst at a newsletter that sold for $5,000/year. I've been a licensed broker.
100% of what I post is true in my opinion. I still believe the stock will go to $.03 with the earnings report and should be much higher at this time.
I receive no compensation for what I post and have NO affiliation with the company. BUT I DO LIKE THE STOCK and still believe it will get to 3 cents with the strong earnings report I expect. It will climb to 30 cents later in 2017.
MYDX listed in InvestorIdeas.com 2017 cannabis stock list. 2-6-17
http://www.investorideas.com/news/2017/marijuana/02061Directory.asp
MYDX CannaDx is available at Bonanza.com.
http://www.bonanza.com/listings/MyDx-Analyzer-CannaDx-Sensor-Kit/334170836?
I just bought more shares at .0019
MyDx Analyzer + CannaDx available at Bonanza.com. 5 units in stock.
MYDX rising to $.03-.05 with positive earnings report. Climbing to $0.30 later in 2017.
MYDX CannaDx product receives 4-star rating on Amazon. 70% of the users gave the MYDX CannaDx product a full 5-stars. Customers rating the unit 5-stars had very glowing positive reviews of the product.
WHY would anyone sell down here if they were tracking the products currently shipping and under development. It wouldn't make sense to sell here if there was an outstanding chance for a good earnings report like there is. A long-term holder of the stock would be better off BUYING down here to reduce their average cost. To sell down here all you'd get is enough to buy a cup of coffee.
There are NO REAL sellers down here. Just individuals and companies that received shares as payment for notes or services.
MYDX $.03-.05 now on earnings, $.30+ in 2017 when profitable
MYDX. The January Letter had MANY POSITIVE points in it. Remember the Letter was released AFTER the company already knew the Q4 results. The Q4 results must have been GOOD for the Letter to make some of the positive statements it did.
MYDX 3 cent price NOW, much HIGHER later. The shares are grossly undervalued now and represent an excellent ROI opportunity today.
The ~250% increase in sales uses my estimate of Q4 earnings as compared to the quarterly and fiscal year sales amounts from the 2015 10-K. Everyone should have calculated this number already to figure out what is the fair value of the stock. The fair value is MUCH HIGHER than the current share price. 3 CENTS per share is certainly REASONABLE at this time.
It is INSANE to sell shares down here !!!!! The only thing I can figure is they have given some vendors the option to be paid in shares and the vendors are selling to create cash not realizing they are giving away a massive increase in share price.
With the MYDX ~250% INCREASE in SALES they should release the earnings report as soon as possible. That type of increase will attract a lot of attention and drive UP the share price.
MYDX Sales Report should be up ~300%. That's the number that will be on the earnings report and on the wire. Sale 2015 vs 2016 Up ~300%. Sales Q4 2015 vs Q4 2016 Up ~300%. Numbers like that get noticed
MYDX stated expected cash flow positive/profitable in 2017.
This was stated in the Letter to Shareholders dated 1/9/17. At that time they already knew sales revenue and profitability from Q4.
I don't believe for liability reasons that the company would have stated that they expected to be cash flow positive and profitable UNLESS they knew Q4 looked good and they knew finances were calming down and looking good going forward.
It just wouldn't make sense
I still believe MYDX at $.03 is reasonable. That's just my opinion.
What if the company reports better than expected sales and are have almost no loss as they were expecting the results to show?
They are building their distribution channel and will stop selling direct as it grows.
No one can quantify the numbers for the coming earnings report, so how do you figure out the fair value of the stock and whether it is under/over- valued.
Maybe everyone is a trader and just know where the support and resistance levels are and the company be damned.
it doesn't say that was the entire backlog, just what fit on the table for the photo shoot.
On the 10-Q it stated the overall profit margin for Q3 had been 43% and the goal was 50%. I think at least half of units are being sold by the company direct.