Replies to post #496 on MediPharm Labs Corp (MEDIF)

[Sunblazers]

Well they did about 8-10 other deals before the big one that we know nothing about the particulars..

[TheMonolith]

I agree. It'll be nice to have the $10M on the books, but only catalyst would be if they somehow pulled a profitable quarter. I don't see that happening. Possible we see come comments in management section setting out a vision we aren't aware of. Possible some deals could come after getting audited financials behind them.

[MERCURIAL]

I would say this. I think that Medipharm, except for presenting at conferences, has been relatively quiet over the last month. There are a lot of eyes on us and I think people are hoping for a drop to enter. LABS has only been trading for a few months, but I wouldn't be surprised to see an increase of volume leading up to fins release. Basically only one month of revenue is being reported, and they are likely to give updates on other material company events. The cookies are still in the oven, but man they sure smell good.
$LABS/MLCPF

[TheMonolith]

However, there's a couple key technical indicators I use to see if a stock is what I call FULL BULL mode. To be cute, can call it supernova mode.

Anyway, it's exhibiting this trait at the moment. It doesn't always work, and there's a timing element to it. The timing right now is that the price would need to move upward strongly in the next few trading days, or the signal dissipates. A lot of the time when it fails is due to expectations of something, and we know that is happening with earnings. Let's see how it plays out, but looking real good at the moment.