I’m looking to re-enter PETX again. I bought a nice position in January 2016 in the $4’s but liquidated the position in July 2016 in the $7’s due to the rapid rise up. Organic sales growth is slow..$4.6 Million in Q2 2018 is kind of lethargic. Profitability is still going to be in the distance as well as analysts consensus is for a loss of $.36 in 2019.. Mr Market appears to agree as the share price is approaching the lows set in January 2016. We are not there yet..
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