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MiMedx Group, Inc. Message Board

  • beadave1 beadave1 Nov 27, 2013 1:27 PM Flag

    Someone wants this stock kept under $6

    Look at the chart for the past year. With the exception of May - July, there is always downward pressure whenever the stock nears $6. Its like clockwork. Is that the pricepoint for the shorts to cover?

    I'm staying long anyway as I have been since I started purchasing shares - eventually, we will be way past $6. Can't wait for the short squeeze

    Sentiment: Strong Buy

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    • It's a small cap stock. The only people who care about it currently are we, the informed and loyal investors, and the shorts who regularly manipulate it. Every now and then we get an addition to the informed. The only surprise is that folks are suprised that the stock is manipulated. Intrinsic value will win out in the long run but as Keynes was fond of saying, "We're all dead in the long run".
      We'll have a $10 stock in an acceptable time period and in meantime, enjoy your turkey and dressing.

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