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Since my last post, MVF has slowly gone back to it's pre-Covid high. The price action is looking corrective certainly not impulsive. This indicates that some caution about further highs is warranted. MVF was much higher pre-Covid but in Aug 19 five fertility specialists stopped providing their services to MVF in order to start their own company (price selloff).


MVF has had a rocky journey post Covid with ongoing litigation. I'm unaware of the current state of this issue. However it just seems that MVF goes from one problem to another. This is reflected by the sloppy price action.


The recent spike in the daily chart was the same day that VRT announced news of a possible take-over by a shareholder. Private equity sees value in this industry. The industry was always going to bounce back once the pandemic restrictions lessen. With VRT under siege, MVF is the only other option.


If MVF management were better this would have bolted along with the other re-opening companies. I remain wary.


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