For the legaly challenged (that would be you cez/candy since you are not an attorney, unlike yours truly), this is a big nothing. I just read the Order on MDXG's Motion for reconsideration of its prior motion to dismiss for failure to state a claim. Motion for reconsiderations are seldom filed because they are virtually never granted.. This is the old case from way back when filed by the ambulance chasers. The only thing the court concluded was that on the face of the claim, it prsented enough to avoid being thrown out of court for failure to state a claim. it doesn't take very much of a claim to avoid being thrown out of court, just can't be laughable. Too bad Mr. Abrams was so uninformed that he apparently panicked and sold his stock for a loss in the $3s instead of buying more like the astute investors did. That is why people like this plaintiff should really stick to mutual funds and ETFs (like you cez/candy). They lack the ability to do due diligence on companies, understand the underlying business and the impact (which is N/A) from the untitled letter MDXG received, which presented an opportunity to load up, not sell and try to get 5 cents per share on a settlement from the company's insurance company. Whatever happens with this case, it has no impact on MDXG. Nice try though Cez/Candy. As the stock moves ever higher, I expect shorts will become more desperate to dig up old irrelevant stuff like this. I am surprised Smut Sweeper and the chubby reporter haven't tried to get a SA article published.
str8, that is not a pipedream at all, simply a question of timing, i.e. when Pete decides to let it go. If he does not sell until 2016, I expect 25 as I expect the stock could see 18 on its own by the end of 2015. From 18, it would not go for less than $25 on a sale.
Zimmer not likely to contribute until 2015. It will be close to 40 I think but too close to call.
monarch, 5 years? If you think Petit will still hhave this as a separate company in 5 years, you really don't know much about him or the company. 75% chance it is sold in 2015. If not 2016 absolutely.
Wishing you al a very happy Thanksgiving. I am very thankful this year for MDXG. I imagine Candy/Cezz and the chubby reporter are not thankful they ever heard of the symbol MDXG. Don't overeat chubby reporter!
Candy, this is yet another "great opportunity" to average up your basis on your short!
earth. I pasted that from the nasdaq website. if you enter MDXG then hit short interest tab on left side you will find the link to the schedule when it hits the website.
Publication Schedule for 2014
Settlement Date Due Date- 6 p.m. Dissemination Date
after 4 p.m., ET
January 1/15/2014 1/17/2014 1/27/2014
1/31/2014 2/04/2014 2/11/2014
February 2/14/2014 2/19/2014 2/26/2014
2/28/2014 3/04/2014 3/11/2014
March 3/14/2014 3/18/2014 3/25/2014
3/31/2014 4/02/2014 4/09/2014
April 4/15/2014 4/17/2014 4/25/2014
4/30/2014 5/02/2014 5/09/2014
May 5/15/2014 5/17/2014 5/27/2014
5/30/2014 6/03/2014 6/10/2014
June 6/13/2014 6/17/2014 6/24/2014
6/30/2014 7/02/2014 7/10/2014
July 7/15/2014 7/17/2014 7/24/2014
7/31/2014 8/04/2014 8/11/2014
August 8/15/2014 8/19/2014 8/26/2014
8/29/2014 9/03/2014 9/10/2014
September 9/15/2014 9/17/2014 9/24/2014
9/30/2014 10/02/2014 10/09/2014
October 10/15/2014 10/17/2014 10/24/2014
10/31/2014 11/04/2014 11/11/2014
November 11/14/2014 11/18/2014 11/25/2014
11/28/2014 12/02/2014 12/09/2014
December 12/15/2014 12/17/2014 12/24/2014
12/31/2014 1/05/2015 1/12/2015
umm, how bout, do you realize that institutions do over 1/2 their volume in 90 minutes during the day the biggest period being 3:30-4;00? There will be plenty of window dressing this time of year locking in gains and tax losses as well for losers. Nothing to do with shorts
Company said they still expect a 5 cent dividend for Q1 and once everything is leased out, which they expect to happen by the end of Q1 (although regulatory approval will come after that) cash flow would support a 40 cent/year dividend. That yield should make the stock worth $7 plus IMO. Question here is execution and the new CEO has a track record to get this done. Given the company's assets, I see this as a low risk high reward play at this price
Nekkoddd, pump you garbage elsewhere. Wouldn't touch anything Jason touts. His specialty is sub $1 stocks that never amount to anything.
Agreed. For calendar 2015, ALQA is expected to be 1/20 the size of MDXG. I cannot opine on ALQA's products but MDXG will be gone while ALQA is still in the stock selling business
It could be 2016 before a sale.....all depends on how long Petit wants to stick it out and grow the business. Options are sell now at maybe 16 or wait a year until the stock is closeer to 20 and sell mid 20s or higher. Nice to be in a position to be faced with decisions like that.