Some more facts on MYDX for investors to consider.
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Posted On: 06/26/2017 2:41:30 PM
Some more facts on MYDX for investors to consider.
MYDX has obviously been truthful about hiring a marketing partner as we have seen more than usual from them. I agree with some that there is such a thing as to much information.
It pays to point out that many were pushing to have this as well during the last conference call. MYDX is now telegraphing every move which in my mind is a waste of resources to keep a small percentage of the whole satisfied.
Is it a fact they sold out of units on the shelf? YES.
Is it a fact they had 1.0 units in production when the modifications to accept the upcoming sensors were ready so production was halted mods installed and 2.0 created? YES.
Is it a fact they are selling analyzers? YES.
Is it a fact MYDX is moving forward with capitalizing on the database? YES.
Is it fact MYDX is launching the ECO Smart Pen in the very near future? YES.
Is it fact that MYDX is targeting markets for all products both nationally and internationally? YES.
Could all of this been disclosed in a couple PR's? Absolutely.
MYDX should be more selective in the news releases but this is what happens when you have a CEO that listens to his investors. Yazbeck knows a lot about what he is doing in regards to the tech but very little about how to manipulate information for the purpose of SP gains in the OTC. Fortunately no true investor here is looking for short term PR induced gains. MYDX attracts more traditional market investors than most OTC companies.
The reality is MYDX is still up over 500% from the lows. The heavily invested here are waiting for financials not PR's validating what was said months ago.
I expect Q2 to be the same as Q1, a steady improvement on the prior quarter. This should bring the share price up, most likely closer to the highs of 2017.
What makes MYDX a very good speculative investment is the fact that one good contract, one big sale, one big partnership could send this to the moon because in reality the financials aren't that bad for a 3 year old start up.
MYDX has obviously been truthful about hiring a marketing partner as we have seen more than usual from them. I agree with some that there is such a thing as to much information.
It pays to point out that many were pushing to have this as well during the last conference call. MYDX is now telegraphing every move which in my mind is a waste of resources to keep a small percentage of the whole satisfied.
Is it a fact they sold out of units on the shelf? YES.
Is it a fact they had 1.0 units in production when the modifications to accept the upcoming sensors were ready so production was halted mods installed and 2.0 created? YES.
Is it a fact they are selling analyzers? YES.
Is it a fact MYDX is moving forward with capitalizing on the database? YES.
Is it fact MYDX is launching the ECO Smart Pen in the very near future? YES.
Is it fact that MYDX is targeting markets for all products both nationally and internationally? YES.
Could all of this been disclosed in a couple PR's? Absolutely.
MYDX should be more selective in the news releases but this is what happens when you have a CEO that listens to his investors. Yazbeck knows a lot about what he is doing in regards to the tech but very little about how to manipulate information for the purpose of SP gains in the OTC. Fortunately no true investor here is looking for short term PR induced gains. MYDX attracts more traditional market investors than most OTC companies.
The reality is MYDX is still up over 500% from the lows. The heavily invested here are waiting for financials not PR's validating what was said months ago.
I expect Q2 to be the same as Q1, a steady improvement on the prior quarter. This should bring the share price up, most likely closer to the highs of 2017.
What makes MYDX a very good speculative investment is the fact that one good contract, one big sale, one big partnership could send this to the moon because in reality the financials aren't that bad for a 3 year old start up.
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