Q: Hi team,
Just looking for any new thoughts on Med? Any idea why it’s been weak lately? I don’t understand why this one is being sold off so aggressively after beating estimates last quarter, and you would think the “healthy living “ aspect of the company would be a strong trend right now ? I am -21% on it after today . Is it time to sell or hold? If sell , is there anything in particular you would deem a much better buy right now with the funds ? I hold this in a US cash account so if I was replacing it with something I would prefer it to be US listed . I am typically a long term holder , unless the story changes or there’s a much better opportunity that comes along .
Thanks
Shane
Just looking for any new thoughts on Med? Any idea why it’s been weak lately? I don’t understand why this one is being sold off so aggressively after beating estimates last quarter, and you would think the “healthy living “ aspect of the company would be a strong trend right now ? I am -21% on it after today . Is it time to sell or hold? If sell , is there anything in particular you would deem a much better buy right now with the funds ? I hold this in a US cash account so if I was replacing it with something I would prefer it to be US listed . I am typically a long term holder , unless the story changes or there’s a much better opportunity that comes along .
Thanks
Shane