1. Just to be upfront (as I always am) and 2. To clear the air going forward.
MMRF, as you know, has been a key holding for me for over 2-3 years now. I continue to believe the business model and sector the base business plays in.......has ENORMOUS potential.
If for no other reason because FEDERAL GOVERNMENT MANDATES will pave the way for EHR/PHR usage ---- it's not an option (soon).
However, after evaluating the activity in the stock for the past couple of months, combined with the complimentary business activity taking place ---- I've now become much MUCH more cautious on the very RISKY stock.
As such, I would suggest for ANYONE holding the stock (or thinking about buying/adding) ~~~~ do your HOMEWORK!
On a seperate note, if given an opportunity (one which is a real stretch for me) ---- I would have the proper things in place to take some profits (if possible) and live to fight another day......@ some other playground.
It will be very rare that I ever look at another VERY RISKY play such as MMRF.
OK, now I feel better! GLTA!!
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise" - Peter Lynch
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