Q: in looking for smaller caps in health space came upon mdx on tsxv.
i notice stock + 125% past month and i see a research report on their website in news
section, would you think this report is responsible for the stock move?
many thanks.
i notice stock + 125% past month and i see a research report on their website in news
section, would you think this report is responsible for the stock move?
many thanks.
5i Research Answer:
The report certainly would help attract interest to a $17M market cap company. But keep in mind a 3c stock can easily double to 6c with just a bit of interest. We expected the report to be a 'paid' promotional piece, but no such disclosure is on the report.