The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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That's OK Smartinvestment - I don't need to do any research online to check facts - I have a family member who is quite a senior member of staff in the Aneurin Bevan Health Board so they can always check for me - so again, what area are you talking about?
Smartinvestment - the data is still being reported, its here https://coronavirus.data.gov.uk/
Currently only 115 on ventilator beds
I would normally refer you to the NHS monthly sitrep on critical care capacity which details number of critical care beds filled. This information used to be freely accessible here:
https://www.england.nhs.uk/statistics/statistical-work-areas/critical-care-capacity/critical-care-bed-capacity-and-urgent-operations-cancelled-2019-20-data/
However, since March the govt have stopped publishing this data. Therefore only those who work operationally in this area know the score.
Ok Smartinvestment - what area are you talking about? - I'll do some checking of facts if that's OK with you.
Because it’s not rubbish.
So why spout such rubbish?
Treacle I do not have a short. I am not a trader and do not believe in shorting shares I personally think that practice is ethically wrong.
Smartinvestment (not) - I really object to people like yourself that try and scaremonger people unnecessarily with rubbish like that - you should be ashamed of the tactics that you are trying to employ - if I were you I'd seriously close your short now.
I was of the belief that the mortality rate has fallen significantly due to the virus becoming far less potent. Usually the greater the transmission rate the lower the mortality rate. However, I found out today that our local ICU is full to overflowing and they have had to use theatres to support patients. I’m therefore worried now that the mortality rate will increase as the weather starts to turn in the same way that respiratory admissions go through the roof over winter
Yes you're right - it is only time will tell. The only point I would add is that sector rotation (especially in the States) is starting to happen so the big money is starting to position themselves now - don't know if you noticed, but on Monday there were 3 x £2M buys and 1 x £1M buy so some people have confidence.
Whatamess - you really don't need to try to educate me in respect of the virus - I have been watching every bit of news there has been since it was initially identified in China back in January, and in fact in February I suggested to an IAG holder of the time to sell his shares as I could see a travel ban coming into effect which would have a detrimental effect on the share price - at that time the share price was £5.60 odd. If you can't see that its not a vaccine that's going to be the silver bullet, but the rapid test results that will free up travel because people that are not infectious will be allowed to travel, whereas people that are infectious will not be then you need to be doing your own research - it will stop the virus being carried to different countries but good luck to you if you still think the share price is going to drop even further.
Whatamess have you not been watching the news/data - the virus is less infectious/dangerous than it was when it first became evident and treatments are being identified all the time to improve survival rates. Keep on with your deranged views though because they are quite amusing.
Has said again about the pregnancy style testing - don't forget these rapid result tests are being trialled in Salford at the beginning of October - I think the restrictions on movements have been introduced now to protect the NHS from being overwhelmed, but also to give more time for these tests to be put in production for mass roll out in November - they are already being used in the States with the most recent confirmation of that was today with college football launching on 24/10 with daily testing to take place. Only a few more weeks and people will cotton on to the reality the impact these tests will have on releasing everything back to near normal and we saw the impact in early June on the travel/leisure sector share prices when people thought that the virus was under control - only this time the rises will be sustained.