There is a lack of interested buyers. The bids are low ball bids hoping to pick a bargain and sellers maybe frustated hoping for momentum or immediate action. With only bimonthly reports it is difficult to know the short activity. MDXG will continue to beat on revenues and remain cash flow positive. So, we wait until more institutional buyers take note about 100 mil revenue mark or the company is sold.
doc you say there is a lack of interested buyers..... that's not much in the way of analysis........ WHY are there are lack of interested buyers??? everyone expects the powdered version to stay on the market... everyone expects Pete to be exonerated in the SEC case.. so tell me why there is a lack of interested buyers???