MediPharm Labs Corp (MEDIF)

[DS CPA]

Enjoyed your recent posts. I think you bought at a good time. I reentered here around $1.70 and bought more today at $1.40. I may average down one more time if it continues to fall but I’m not sure yet.

Let’s keep this in perspective, only about ~$1m in dollar volume was traded in the past two days combined. If people want to sell far below value because the market is ripe with fear, they can (and will) go ahead. Cooler heads will prevail and my suspicion is that they will quickly. Earnings is coming up at the end of the month, and when people see the full year numbers compared to the market cap it’s trading at, I think that will reset us back in the right direction.

The sector isn’t constraining it is growing and when people realize that there are profitable and scalable business models like what we have here, they will be better late than never to invest.