You really ought to drop by more than once every several years. I enjoyed reading your comments in the past. Are you still practicing law or have you finally retired? We just returned from a 10 day vacation in the Vermont mountains, and even people there can't believe the Red Sox woes this year.
I think most of the long term shareholders have figured out that this how_about_we_talk is a short seller. He says "Pete is a very good investor, and a great American, I admire him very much.", but nothing could be further from the truth. He really despises Pete and uses every chance he gets to take cheap shots. He is constantly questioning his honesty and integrity, and most recently called him an amateur over a press release. His "facts" regarding Matria aren't facts or accurate, and equally as important, they have absolutely nothing to do with MiMedx.
Drop back by when we reach $15!.
"the big pink elephant in the room....don't ask don't tell........"
A few months ago the elephant was white. Did it just suddenly change color? You must live with this big conspiracy theory in your head. Did it ever dawn on you that Pete doesn't know himself how this congressional investigation will play out, or what the FDA will say or do in early 2016? I can assure you that we will know as soon as Pete knows. Fortunately, he is smart enough not to be speculating in public on the matter like you do.
"Nasdaq has me 'riled' - Ridgeback (1.2M) and Sabby (1M) are not listed on the Institutional Ownership page"
These are hedge funds rather than institutional investors.
I'm glad to see we are up with the DOW down 250 points. I wouldn't mind seeing a couple of days though for MDXG like I have had with my ONCS stock. It was up 15% on Monday and another 10% this morning.
We need to see some really good revenue numbers this quarter. I am all for expanding the sales team to gain market share, even at the expense of the bottom line, but revenues need to beat expectations. The new hires from earlier this year should be showing some tangible results by September 30.
My teenage granddaughter sends out 5000 text messages a month. I've been telling her mother that the dear girl really needs to find a job. This Woofmocat must be part of that lazy generation. He is on these boards seeking attention on Saturday night too. The worst part is 98% of his posts have nothing to say.
The stock I bought in ONCS a few weeks ago is up 15% today. I'd like to see a few days like this from MDXG soon. Microcap stocks are really volatile, but a 15% rise in a day on high volume is impressive.
Medline is pulling out of the market in September and 50 million of revenues are up for grabs. I can't fault management for hiring good salesmen sooner rather than later. MiMedx should be trying to grab market share while it is available.
"Insider buying good, Institution buying not good as far as stocks, known fact"
This isn't a known fact. There is a huge difference between a known fact and an uneducated opinion.
"yes, the statement was an amateurish response to a short term market move, which I think most of us would prefer he not make... if he is confident of the long term, and confident of the value of his company, fighting the shorts becomes a needless activity."
The statement clarified that the drop in net profit should be only for a couple of quarters. In terms of dollars, this should be 3 million dollars or less. The company has now lost over 350 million in market capitalization because Pete found an investment opportunity that might cost 3 million off the bottom line in the short term? This makes about as much sense as the drop in January from $12 to $8 due to a bogus qui tam action and DOJ investigation. The short sellers piled on and drove the stock price down then, but when the company was exonerated a few months later, they didn't cover. Instead they shorted more.
I could see where short sellers and haters would call the statement amateurish. how_about_we_talk uses every downturn in the share price to criticize and call Pete Petit an amateur. I've watched this movie before. See you at $15!
Somebody inside the FDA is going to get caught with their hand in the cookie jar Doc, and I want to see more than disgorgement of ill gotten financial gain.
I hope the congressional investigation exposes the name or names of the FDA employees who profited from that Untitled Letter and the subsequent precipitous drop in MiMedx stock. I agree with what Pete said around Christmas. It is easier to tackle a problem when you know where that problem is coming from. It is surprising that how_about and candy seem to know how this will all turn out when nobody else can see into the future.