No worries here fellas. We have a great company with the best captain in the land. Pop open a beer, throw a burger on the grill, give your kids a hug and you wife and kiss and consider the meaning of Memorial Day. The best is yet to come with Mimedx.
Last week I was fortunate to add more shares at $6.40. While it's disconerting in the short run for the market to discount your assets, it keeps presenting buying opportunities. I'm confident that the stock reaches $10 or more in a time frame that will make it a superior investment to many alternatives so, I'm not dissapointed by these downdrafts. I suppose your basis and investment time frame dictate your response to price moves.
The stock went from $5 to $7 in a week between 4/22 - 4/29. Any good news from the company now and the stock will go from $7 to $9 in another week.
I might make two suggestions if this pullback bothers you. Either stop watching the stock for awhile, or sell a few shares if it will help you sleep at night. I'm going to throw a few burgers on the grill and enjoy the holiday weekend. I said $7.50 or higher by the end of May, and I still think it will happen.