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You can’t short gdr
I’m amazed many of you have been buying the last week or two when covid has been deemed not to be an issue ( not that I agree with it). The shorters must be raking it in. I don’t have an account to short and don’t actually think it’s ethical but if I did these covid shares would be top of my list. Must be a dead cat bounce soon though.
Nearly 10 percent of the free float traded today.Many companies would be happy to do that in a seek so have to disagree Latino.Still plenty of interest here is my take.
Latino to ramp, the volume is not dead yet, late summer last year and end of 2020 that was when volume was dead. Remember only see 30-40 trades in a day. It is actually still good which surprises me
Volume now dead, getting worse by the day and tomorrow is Fri…!
Great post Jimi and encapsulates the whole investment case on offer here at these levels.I’m def a buyer tomorrow with cleared funds in..Silly if you didn’t.I feel the tide may be about to turn.Remember only just over 50m in free float and my take is that our honourable ‘friends’ must be close to running on fumes if peeps hold.and not provide any sales and fuel at the basement or near of this concerted bear attack led by Mr.Market himself.The book Will turn soon and possibly quite dramatically imo.Not saying it will necessarily be tomorrow but Sooon.Just my take and not investment advice of course.Gla genuinely invested-strangely enough they know who they are as plenty def are not.Never know tomorrow just may be Red Dot day with three 1trades on the book.There again...
Agree mate.
I still think theres a potential on 16-17p ,purley on the technicals on the charts imo
I’ve only got a small holding here around 3000 shares average is about 41p, quite bad I think it would be silly to sell now just hold and hope we get some sales asap good luck all. Can’t win them all.
Yes if you have the experience and confidence and skills offcourse swing trade the Shi* out of this as the rampers selling you the rosey picture of genedrive are doing precisely that at YOUR expense lol..... But of you are new the temptation to hold after a swimg of 50 percent up can be daunting leading to exactly where some ppl are now who could have been better off selling.....listen to rampers at your own risk. All the best and good luck
Agree Jimi, certainly my thesis here
Yes, the shareprice wasn't sustainable in the 60's without sales/order/partner news – that was definitely the time to be selling if you want to trade it. Now though, at 20p you'd be mad to sell (unless you have to) as imo this presents a pretty fantastic opportunity to buy before the inevitable rise begins again... and it will. I think with sentiment so low, any positive sales news... even a tiny order will send the shareprice up at least 50-100% from here. Any substantial orders could take it back to 80p again where it touched less than 2 months, that's 300% from the current price.
The POC test is a different market to the mass-testing focused LFT and PCR tests and should see plenty of demand for years even when demand for LFT and PCR testing calms down. At the moment the focus with testing is about quantity rather than quality, that will change once the virus poses less of a threat. Genedrive's has the best POC test out there, and I think they'll do very well with it. There really aren't many competitors yet either.
When you look at the current low mcap and how much cash they have, and with both the Covid POC and AIHL tests launching as we speak, along with a new dedicated sales team on the case... it all starts to look quite exciting!
Drnash
People arnt intrested in listening! Even when you want to help
From my own experience in loosing a lot last year with this stupid share and incompetence of budd i tried to warn you guys in the 60s..... Always seem to be shut down as deramper even when trying to help naive newbies who are not totally aware of what rubbish they are stepping into investing here...... Hope it bounces and some of you gwt some of. Your money back but get OUT asap and swallow some loss rather than hoping budd will deliver......