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Londongoldfish sounds confused.
Thanks VanV, have read everything on this board for the past two weeks but first time I had something new to add. I’m with you on the FDA but can’t discount that comment from another poster completely in an America first world and what seems an inexplicable delay when a reliable and fast non invasive test is clearly urgent.
Some useful info here and on other boards such as EUA that helped me to make investment decisions but have been burnt on spikes by the pump and dump crew (especially BOIL) as well. Generally just read everything which is a lot faster than responding to a thread! However detailed knowledge on the corona impact here also pushed me to liquidate most of my (non suspended) holdings last week which may prove to be the best timing possible. Holding much of this until it plays out but will derisk at some point having seen very significant profits turn to a loss last Thursday! Thanks .
The UK remains "prepared for all eventualities", Downing Street has insisted, as fears over a global coronavirus pandemic continue to grow.
MORE: Ambulance service restricts building access over coronavirus fears
Experts have raised concern that coronavirus will reach pandemic status following a rapid spread of infection in countries including Italy, South Korea and Iran.
The World Health Organisation (WHO) is worried about the lack of an obvious link between China and newer cases in these countries, and some scientists argue the virus can be passed on by those with no symptoms.
In Italy, around 50,000 people are affected by a lockdown in the regions of Lombardy and Veneto, as the country reports more than 160 cases - the largest number in Europe.
Mate the best thing you can do after causing a stir is put the bloody spoon back in the drawer!
Thanks for the comments. Everything I’ve said about my position is true and happy to take bets from the d1cks claiming otherwise. I understand what I’m in but was trying to get intelligent feedback on new information as this is the first competitor to market with the CE mark.
I have the Identical username on peloton, similar on Instagram and have run a sports club with that name for 10 years so not too hard to check that I’m a real person.
Apologies Jonathansxx!
VanV - others have previously suggested that the FDA may favour US companies and suggested that as a reason for the extended wait for their approval. Not something I personally think is likely but that’s why I mentioned it.
Silver51 - if you’ve too stupid to understand that my post and are myself are legitimate then I don’t rate your investment chances or intelligence. Happy to bet £1k that my position is as stated but doubt you’ve ever paid a lost bet.
Prop5, watching2 - same offer and rating for you.
Funny! I’ve watched spats where people post obviously negative or false information and have filtered a few that persist but I have literally linked to some factual info from seeing alpha that wasn't on the board, stated my position and asked some questions related to previous posts and I’m put In the shorter box by some idiots. Amazing.
Co-Diagnostics (CODX) time to process results not stated.
It may have a CE mark, but if its a lot slower than NCYT, then it will not gain sales traction.
Employing an NCYT instrument and test kit will allow any quarantine facility to have a much larger capacity, because you only need to detain those with a -ve result for 2 hours not 8 or more.
They have made 2 instruments in the last year, hardly up to speed in the manufacturing stakes..
You have 15k shares at 1.11p and you havent a clue what you've invested in and think fda may refuse approval. Pull the other one
London 1 post Shark.. Talking nonsense with his 10p a post.. Ignore or filter!!
@londonshark. The guy who wrote the article...... not you!
Londshark talking nonsense Filtered !
Thanks for the more useful responses whilst I was answering Jonathansxx
Wow, first input and I’m a shorter? I have nearly 16k shares with an average of £1.11. But if that’s the response to any legitimate new info and questions then I’ll keep to myself going forwards.
Neither do I. Interested to hear timescales though. A few more cases in USA seems to have pushed congress into action
Some posted earlier the ce aproval equally tough to approved like the fda
Don’t think fda approval will be a problem
Not great reading about the company and various failed testing & products
I know we have the CE mark but thought that was a clear advantage along with the speed that others didn’t have. I’m staying in with an oversized percentage of portfolio but trying to gauge whether this is significant and may lead to delayed or even refused FDA approval.
Written by a guy who is shorting it.
Clinicians will not use it is to risky they could be sued !
REad this about CODX
https://seekingalpha.com/article/4324481-co-diagnostics-coronavirus-test-is-likely-ineffective-1-price-target
Who cares roll on tomorrow.. your either in or out... fda here we come
We have Ce mark
Does the CE approval mean that it’s proven effective or a lower bar than that?
I agree but this is the latest update that claims CE approval:
Co-Diagnostics (CODX +28.4%) spiked into the close following news its Logix SmartCoronavirus COVID-19 Test obtained regulatory clearance to be sold as an in vitro diagnostic for the diagnosis of coronavirus in markets that accept CE-marking as valid regulatory approval.
The Declaration of Conformity for the Logix Smart COVID-19 test permits export and sales of the product as an IVD to begin immediately in the European Community.
Co-Diagnostics, which says it is the first U.S. company to receive a CE-marking for a coronavirus IVD, plans to scale up production to meet global demand.
Found the link
https://seekingalpha.com/news/3544966-co-diagnostics-wins-ce-mark-for-novel-coronavirus-test