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Latino,
The issue was that everyone was looking for some good news to stop the carnage.
We didn't get bad news, but there was no banner headline good news.
News opportunity has passed and everyone deflated.
Then a lot of people threw the towel in.
No what’s worrying is that it’s after the CNN interview that the absolute carnage happened, before it had already fallen around 25% which in itself was kind of a shock. So it’s a fair point what our CEO may have said that caused the crash?
My comment pertains to Hendi2’s commentary
The CNN interview is going to be great for business. My Mrs is regularly in the press including People Magazine. Believe me, today will be good for sales. The Americans will be interested in the product, not how someone comes across on television. My brother in law is a scientist and has a degree in physics from Oxford. No disrespect but my brother in laws communication skills are smuck.
Tomorrow will probably be rubbish again but if you don't sell, you haven't lost.
Excellent: a factually accurate perceptive and useful post. Thank you!
I dont really understand why many of you invest?
Do you not realise that is not just the number of orders generated but the IP of this test moving forward. If the strain changes slightly, they can amend the test to cater for any new subsequent strains? So this product will be adding value and turnover to the company for a considerable time - unless they are bought out, which i see as a likely scenario
Today has been brutal for us all. I topped up this morning and watched it all drain away but havent sold.
The FDA is to grant an EUA - EMERGENCY USE AUTHORISATION so the test can be used within the States with a population of 331,002,651 people
Then there is the same for the FDA within China, which has a population of: 1,408,526,449 people.
If a very small percentage of either population need testing, to use a technical term "thats a fook of alot of people"
Also people on here being extremely callous thinking about their own pockets that the company have given away free kits. Dont you realise that this is also a marketing tool to get the product noticed by the PRC and to show just how effective the test can be in reducing the spread of this virus?
Also why would CNN bother to interview some tiny company from the UK, if it wasn't going to be of any interest to the people of America?
I think many of you are extremely short sighted, have very little experience in running a business.
What ive read on here has been nothing less than a feeding frenzy in shark (shorters) infested waters
TBH everyone should have a stiff drink and chill out. Tomorrow is another day.
" It's the newbies I feel sorry for"
well a share like this is a bit like trying to run across a motorway full of traffic in the hope of making across to the other side without being knocked down ....you might make it through the traffic you might not
the "traffic" being all the noise about whether the share price is going to go up or down.... fast paced trading and price movement and a lot to dodge and keep aware of...
If you cant see that as a "newbie" ....well.... you take your money and life into your own hands and your own responsibility ...
I think people need to stop ramping as well as deramping. I bought my shares not listening to anyone here and sold the bulk not listening to anyone. It's the newbies I feel sorry for let them make up their own minds without being told to buy buy buy sell sell sell.
Rant over....
Exactly. It was always hype that got the price to this level. It’s actually still overpriced unless some huge figures are announced.
If it's 100% conversion it equates to £1.33M , I have factored in £3M though in my valuation of the company at £12M MCAP , anything above this level has nothing to substantiate at this time.
Nice buy after hours..hebc the price extensin rns - .there was nith to buy after hours, aprt from below.
16:39 - 20/02 Buy 5000 69.00p £3,450.00
Today was brutal feel sorry for all the stops taken and people shaken out, still plenty to come....., ncyt still wokring with alot of countries/ professional bodies. low float stock to expect wild swings....
So even if they convert those sales it only adds up to an extra £500k worth of sales. Yet the value of the company has even at this price increased by over £20million. China has received over 200k FREE kits so far.
A 2hr #Coronavirus TEST?! Biotech Novacyt $NYCT says yes, the stock soars after receiving 228K quote requests - CEO Graham Mullis tells @firstmove, “50% of quotes have been converted to orders” & “we are able to fulfill all of the existing demand.” FULL Convo here ???? https://t.co/4th2mwjjc0
Don’t think so- what other pies are you talking about ?
The correct question is not did I make a profit or loss, that is completely irrelevant. It is, from today, will this go up, or down, and across what timespan.
Can’t believe the interview has dropped us 50% today. The fall from £2.20 just days we shouldn’t have ever hit that level.
Anyone got a link to this?
Thanks
L