MiMedx Group Inc. (MDXG) has had an unjustified sell-off recently as its former CEO Pete Petit is making news headlines that are, at best, neutral for the company. The upside for this company, which is still trying to figure out its accounting issues of the past, can be seen in the marked recent uptick in institutional ownership of the company's stock. The risk/reward has swung to positive as new management has terrific, industry-leading assets under control, and scapegoats are in place for whatever results the accounting review will uncover.
MiMedx has taken a recent dive