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You obviously have not read the latest research coming out of Imperial College tonearm, antibodies are not lasting long term and people are starting to get reinfected, herd immunity is therefore looking very unlikely.
Coronavirus has the same base as the common cold which still today is a major drain on the economy hence they tried for decades to try and find a vaccine at the common cold research unit in Salisbury, Wiltshire, backed by scientists from one of our top disease lab's at PHE Porton Down.
I will continue to air on the side of caution and see what unfolds with regards to a vaccine.
Covid-19 has made investment a lot more complex over the medium and short term, it's not just about researching companies anymore but the wider medical issues and of course on top of that the other economic factors of a no deal Brexit which not only will crucify our economy further but the wider EU economy too which could bring under pressure spending on Hydrogen.
I have always been a risk taker, but there is too many unknowns at the moment to be a risk taker. It's the first time in my life I have been more cautious for the moment.
I think we need to see what unfolds over the next 12 months before we can take full on risks because there are going to be some great buying opportunities over the coming 12 - 24 months in my view which sadly will means those remaining in the market are going to lose cash and future opportunity.
That's my take on it all and at the moment I don't have to stress over the seesaws of which ITM is a classic example especially when I had as much as I had invested.
Somebody on here a few months back declared they had 100,000 shares, well they have kisses goodbye to £ 100 K the last few months and seen it bounce around like a ball in-between.
That is not for me at the moment. I hope it comes back good for that person on the board over time which it will, but exactly when we see ITM hit 350p again is very difficult to predict at the moment, the drop being the easiest to predict , again in my view.
Good luck to everyone remaining fully invested, you are braver than me at the moment.
psmith64, you're obviously reading some very negative press. Compared to HIV, Covid-19 is much more stable and so an appropriate vaccine for this current strain is very likely. Most people are able to generate antibodies to defeat Covid-19 which is why most people who catch it survive. This is not the same with HIV. It is the creation of antibodies which makes the vaccine effective. As a coronavirus it is possible, even likely, that Covid-19 will mutate, more like the flu, and result in annual vaccine creation in the same way we generate annual flu jabs with a different strain. I think that's a more likely worst case scenario than no vaccine at all.
Cash is a King
But what about trump fighting fit after covid with drugs from Oxford and America combined?
There is hope on the horizon
There will be a brake threw very soon
With ITM roll out I will cashing a few shares with good gains better than my cash in the bank
Please gamble responsible lol
I don't think so tonearm.
I also see through the spin regarding the vaccine.
It is very unlikely we will see a vaccine for Covid-19 anytime soon, but governments around the world have to pump out the optimism to prevent a nuclear reaction to the world stock markets.
You have to be a realist, 35 years on and still no vaccine for the HIV virus, Covid-19 is no less complex than HIV and we have the bonus of knowing that a vaccine has never been found for any Coronavirus , they gave up on the four Coronaviruses for the common cold after years of research.
The worst is yet to come in 2021 when it becomes evident just how long term Covid-19 is, and the long term effect it's going to have on world economies.
Cash is going to be king for a while in my view, especially as we have one of the worst governments in power, ever.
Smithy, you are in danger of letting your politics cloud your judgement.
I don't see 100p, 200 is about the lowest it will go... I think. Vaccine news is several weeks away now, it will be good news. U.S. stimulus package should be done early next month.
ITM is a very good company and we know this. A very very good UK company. £1.00 is based on the previous March falls, but this time vaccine news will be around by year end even if its not well in to 2021 that we all get it.
The market are good at dropping prices but also good at getting ahead of results. 2021 ITM will need to produce - simple ! He would like to be in but much lower. Its all about the percieved value ?
PSmith can't seem to let go of ITM. :D Still very much in love. Awwwwww.
Harsh. The company will get plenty of press being "UK" new golden era and the factory will be open.
Still needs to make money so news in spring about sales would be good.
£1.50-1.75 was a good point to refer too. £1.00 imho is too low.
You can blame Johnson 100% over what is going to happen to today in the continuation of the bloodbath.
It was him as PM that gave me confidence to make the predictions I made back in June.
I just don't know what his agenda is but singlehandedly he had added years to your average persons retirement date.
A scan through the news this morning, 100p really is now not out of the question, I won't be buying back in at 175p now or 150p, both my fill or kill orders now adjusted to 100p, the short term to medium term is now very rocky thanks to our useless government.
Even with all the abuse I have suffered on this board, I am glad I didn't let that drive me away, I am.glad I didn't listen to the majority and continued to go with my gut feeling.
There is a place for all views on these boards for to have a very one sided view can be extremely dangerous.