Member Info for Paul2566

I'd like to see this level out at 3.5p for a while to allow the fundementals to catch up.
My biggest fear now it that it drops to a value based SP and damages confidence.
It will get there.

None disclosed

Phaty
And the purpose of your post is ?

Phaty
I agree it remains a high risk stock but less so than just a couple of months ago.
Bankruptcy, I don't believe so, I believe they will require further funds to be raised, but with the progress made over the past few months, I don't think that will be an issue.

Small SP increase, and no sudden spikes.
Am I looking at another stock.

You may be proved right, but 4p in such a short time will put me in a difficult position.
I do believe over time it will go much higher but in the short term I think thats way over value unless there is information we don't know yet. I would have to give serious thought about selling and buying back in a little further down the road.
I think 4p might well lead to a correction, maybe as much as 25%, which would give me 100000 free shares.
Of course it won't be an easy decision, FOMO is always lurking in the shadows.

Of course if you take it literally, for every sell there must be a buy.
So equal amount of buys and sells.

Oh I appreciate my fair range may be off, and a little wide, but to be honest I find it very difficult to value this stock, I wouldn't normally invest in a company which has yet to turn a profit so my experience is limited to say the least.

I wouldn't worry too much, it could well drop back a little at some point, but thats not really a correction as I would term a correction.
The SP will go up and down as thats the nature of the beast.
Every drop in SP is not a correction.
I've written before, I think this is a good SP at the moment, maybe a little high, but thats just the sentiment from the stream of recent good news, and is no bad thing unless it gets out of hand, then you relly would see a correction.
I think 2.6p to 2.8p is a fair SP but its trading on its potential which at the moment in my view looks a little safer than it did a month ago.
I don't think todays mid price of 3.127p is overly dramatic, but I wouldn't be concerned if it fell back into my 'fair' range, I am hopeful that further good news if it comes this month will return the SP over the 3p mark.

Only 15 posts and this is the only one on MXC.
Who cares.....

If you think 10% a day is slow and steady I want some of what you're invested in. ??

I am now bullish on this stock although still only moderately invested with a little over 405000 shares.
I think before any sustained growth in the SP is seen it needs to catch the interest of professional investors, and I don't think that will happen until they see the income stream growing much higher than it is now.
It should happen, and my confidence in this stock has grown, but as they say, 'there's many a slip tween cup and lip'.
People buying a couple of hundred thousand shares here and there are unlikly to have much impact.
MGC appear to be moving in the right direction, and I would much rather see an improvement in value over SP.

Its certainly a strange post, but no more so than some others here I guess.
Takes all sorts.

What do you call medium term?

Well mostly sells at the moment.
People obviously don't believe this will see a bid price of 3p today, so taking profits.
No surprise really as nothing has changed with the fundamentals, although the optimist in me was hoping to finish the day at a bid of 3p on the back of rising sentiment.
Still nice as it would be I am happy to wait until the good news materilises into an actual increase in stock value.
Hopefully October will see the SP hit and hold 3p.

Pokerchips.
Thanks again, I too doubt there is anything to be concerned about.
Just didn't think to question it and the earlier post got me searching for information I had overlooked.

Igor
Thanks, the address is not one belonging to any I considered, so not much information on their finances.

Pokerchips
Thankyou. I couldn't find much verifiable information. There were a few of the 90 or so companies listed that had very little information, so if newly founded they could be one of those.

The only thing that does make me question my findings is this statement I found on a website.

AMC has been founded by leading US Healthcare and ex-Federal Government legislative and regulatory executives, as a specialist vehicle for the import and distribution of specialist phytomedicines into key US markets.
AMC is seeking to expand the research and growth of phytomedicines in the USA, and view MGC Pharma as the leader in the sector.
AMC Holdings is a privately held, US based distribution and marketing company, RECENTLY founded to bring cutting edge bio-pharmaceutical products currently in clinical trials or commercial production overseas, into the US healthcare marketplace.

SmlFry
That is odd.
I actually didn't consider checking AMC Holdings Inc.
They appear to be a privately owned company and its not easy to find much information about them, any searches tend to throw up AMC Entertainment Holdings Inc. which is unrelated.
I have found AMC Holdings Inc based at 171 Main Street, NY. This company only has 4 employees and generates only $318,979 in sales, so I doubt its the same one. They appear to be involved in finance and insurance.

AMC Intermediate Holdings are also based in NY, at 299 Park Ave. This looks like a better fit. They are part of the 'Other Ambulatory Health Care Services Industry'. Asp AMC Intermediate Holdings, Inc. has 5,133 total employees across all of its locations and generates $1.67 billion in sales. There are 132 companies in the Asp AMC Intermediate Holdings, Inc. corporate family.

Unless someone can show otherwise I don't think there is anything odd and they have hardly sprung from nowhere in the last 60 days with $1.67 billion in generated sales. It just takes a little effort to find them as they are a privately owned company.

There is also AMC Holdings Services Incorporated is located in Boca Raton, FL, United States and is part of the Drugs and Druggists' Sundries Merchant Wholesalers Industry. AMC Holdings Services Incorporated has 33 total employees across all of its locations and generates $4.70 million in sales. Again I dont think this company is a good fit due to size and revenue.

I found over 90 privately owned companies in the US sharing the name AMC Holdings, but don't believe they fit the profile.

Information source; Dun&Broadstreet business directory.

SmlFry, Thank you for raising something that I hadn't considered lookig at, however it might have been better if you did some of your own research before potentially causing alarm to others on the bb, but I suspect that was indeed your intention.