Longt that's how I read it. Still cheap but time still on their side. That said. Something may come out of the blue and wrong foot them. Plenty of other opportunities for them in other companies. Imo that is why SCLP is valued so low, they can take the risk of sitting on the sidelines.
Hunky, unless I have missed something. I cannot find any data to support that. Nothing sinister here in price movement. No shorts, or smoke and mirror game. The trend is still northerly despite the usual pullback on significant rises. If an investor sees a profit then good luck to them. All have different strategies and personal circumstances.
Just as a point of discussion, before anyone say agendas etc, I'm in for the results next yr. Today with the late trades (after 4.30pm) reminds me of what is going on at mtfb, (which I'm in till the results) who had a short opened on them. There are similarities in the trading, thoughts.. ..
Leas i agree with you, I am also taking from this that we have a significant number of investors sitting on the fence waiting for the green light, and that overall we are seeing a market developing for IMM shares. All of which is helped by the number of shares available.
the question I am now pondering is when will investors bite the bullet, and have to buy in as the clock is counting down.
If there are 'fun and games ' being played what is clear is the recent increase in volume. Imo there is nothing to suggest the sp is over valued based on the potential going forward. Some positioning taking place whilst the clock is counting down.
If you have a look at the trades here up to 1506 they were fairly constant. about that time the price was raised so that 57 became a sell. It is worth looking at the trade prices and the spread after that and see what you make of the buy/sell calculation that the computer has to make. It may o course be an accurate picture of the trading?
"Buy / Sell is judged on the basis of the trade price in relation to the mid-price at the time the trade is published, e.g. if the trade price is greater than the mid-price, a purchase is assumed. Large trades can be subject to a delay in publication which may result in an unreliable interpretation."
It is all noise inmho One should not expect the sp to up in a straight line
the story remains as good as it can be Short of a deal before that, there will be a symposium in april in which an in-depth update of the pipeline will be made this will allow participants to focus on a) the huge market opening up for those applications using the same MOA as lupuzor , (some such as RA dwarfing the potential for Lupus ...presumably they will update on what is required ( bridging study ?) and what has been done so far , beyond the promising animal data b) the status on non Lupozor related pipeline : what has been done and what is being considered to confirm the diversification away from Lupuzor
this is not only a blockbuster potential but a MULTI BLOCKBUSTER potential and the clock is ticking .. So it is not a bit of profit taking after a good rebound that is worth losing any sleep over ...
As regards the delayed trade of 1 mil , it might be the remnants of the L/G position on which we had an rns lately .. and no they do not know something we don't ! it happens all the time Investors sell for all sorts of reasons and just as well it happens otherwise there would hardly be any liquidity )
Never ceases to surprise me the movement of this share price when I don't check in during the day! Lots of comments on forums about 'well what do you expect from AIM!' Can someone clarify why this is compared to other markets? Are the mms not regulated to justify sharp drops and rises without sufficient volume?
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