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crl123, thank you so much for sharing your experiences. I feel honoured. I'm very new to this game - only started in Nov buying a few Lloyds shares. Luckily I didn't know they were heavily shorted and as it happens. Micro Focus was one of many that I sold too early and regretted after 2 month when it shot right up. I won't bore you with all the other mistakes I made but have come to notice that with AIM listings, you have to have both patience and courage. But, if the listing is a biotech, it's more risky. My BioNtech shares would still be on a loss, despite the vaccine coming out before everyone else and sold to many countries. Their shares went up 1 week after I sold but then quickly went down again. So, I find biotech shares quite fickle - hence the choice of name Scardiecat when I joined this chat.
But, like you, I've had much worse in my life. Like you, I've lost hundreds of thousands, not by dealing but by giving it away. It's all the same - making the wrong calls. I was homeless at 17 but bought my first flat at 21 in a s****y part of London. But when I sold it at 26, I gave everything away - long story. I'm a professional now, so have fewer worries and more experience. I didn't mean to burden you by saying "I'll follow your example". I was going to hold on to these shares anyway. What I meant was that I admire your stoicism and would like to emulate it. Thanks for responding to my post. All the best.
Caliimera...yes I fully agree. I would also add that I think this one will take quite some time to come right. Your points I validate and wish you the same. Scarediecat...yes....I have lost out by selling too early on MANY occasions. Only Stobart ( covid affected Southend airport) Tullow oil ( debt and oil crash) and Petrofac are the only ones I did well to exit. I held Glencore at 90p/Plus 500 at £7/ H-L at £6/BAE at £2/BWIN at a ridiculous low price before buyout/POG at 6p/4D at 110p/Avct at £1.04p/man group at £1:18p (!) /God knows how many more.
I sold ALL of them far too early. I doubled my large holding in SNG but could have made it 5 fold if waited just half an hour last July. Impatience and fear. Investors’ worst enemies which the market plays on.
I have held Trin for 7 years. Nearly went bust and I bought at 1.5p 2016. Now 14p. The only share I have really held...because I originally bought at £1:20 and averaged down. Or I too would have sold too early.
Nerves of steel? Certainly. Patience? More so. The mm’s love to tease you after a long period in the doldrums by creeping price up until you hit breakeven. Fear brings you to sell and they know this. Best way? Sell enough to feel at ease but recognize their games if the company is rock solid like here. Fear often dictates share action. Patience and just plain guts makes money.
But one can lose too so one has to be so damn canny about the world and the market. Testing is here to stay. Period. Diversification is the path to growth. Nov is doing it. No borrowing. No bond holders. Just investment and high technology.
I am uneasy losing £28k . Of course. But it’s on paper. And I know suffering ( in life) like the back of my hand -I wish not so well-and have known far far worse than this.I have also been absolutely skint having lost half a million quid and my health once by being gung ho and stupid. So this doesn’t compare even if it hurts.
. You must make your own decision about your money. Always. I could’ve made all that up for all you know. I haven’t but could have!! Mm’s are doing what they are told and what the ii’s require. Up to us if we want to hang in there or not. They may bring it further down. Either way....it will be a while now before this rises to valuation. It almost always is because they know most people will sell too early.
So bottom drawer and peek in regularly.
And remember what you are invested in. I held SNG at 38p. Sold too early. But did well. Same games there.
Glad you only losing 4 figures but it’s all relative. Hoping you get it back and more!!!!! Best to forget about Nov for a while I feel. Gonna be some time .
And I am always happy and willing to admit I can be wrong as shares are shares But by G*d I have learned their games the hard way . And it is good to support others on a loss with what I believe helps in reality in a corrupt market stacked against us.
I wish you the best. Hang in if you feel you can handle the paper loss and discomfort.
Hi crl123. Totally agree with you re. bullying and candour. People are just projecting.
Like you, I bought at the top end (just under £9) so already lost 23%. Fortunately though, if it all goes awry I'll lose a 4 figure sum rather than you 5. You've definitely got nerves of steel to still hold on, and I'm looking to your example to do the same. I've given up too easily in the past on good companies because the sp did not reflect the performance, only to see the sp rise within a couple of months.
Carlswinning, you gave me the biggest laugh of the day. Literally LOL. Thanks
Is this thread for real. Is's like some bad Monty Python sketch. W.T.F is going on????
Yes, Crl123 - my mind is in no way one way or the other and agree with your points as well. Not sure it's part of GM's plan and he knows it's practically impossible to keep investors happy particularly on the Aim market. I think it's going to require significant patience from here on in, with the odd nerve of steel. Wishing you future bounties and all for all of us, lower blood pressure.
Glad you have not jogged on.
Hope you are right re. timescale for recovery. I personally feel a bit longer. When they slam-dunk a share like this it is usually some time before they allow revaluing. Depending on many variables to do with the company. This is being forced down and held there so it is hard to say. My loss is painful but I did not expect the extent of the drop. I had done all the research and considered it a good results rns in spite of lack of clarity re DHSC. I have seen shares held like this for extended periods. It is all planned and massaged.
If fundamentals are poor...get out.
If fundamentals are good-as here-.....patience and more patience.
Not an easy task as this chatboard demonstrates per se!!
Calimera....hmmm. Signs of a takeover??
I respect your points and the article. But Ncyt are very busy planning post-vaccine markets and busy acquiring themselves ( It-ic). Their communication seems poor but they seem damn busy selling!!
Lol - CBX !! I invested in RMS :))) I will need the special brew for that to take off !! I am always hopeful though :)
@ab143 , what a giggle you've had then the last few days. Let you in on a secret , about 40 of us took wakky bakky , we got it free for investing in CBX and it has had thre opposite to intended effect on some of us. Only lasts 36 hours , so hopefully all back to some form of normality tomorrow. K
thanks for the link and message, don't worry, I shall not be jogging on :) I have been an investor in NCYT since Mar 20 and had a watching brief on all the excellent posts on here for most of last year, without ever contributing - always fun to read airplane boy, kaeren, et al - I am left with a couple of 1000 shares, so a new tax year is fast approaching so some considerations on what to do with what I have left in this share. I feel the obvious tensions for investors who are in the "hole" currently, and remember in the long summer months and early autumn last year, how we longed for a new RNS, sales update etc to boost the price, as many like me had invested heavily in early 2020, saw the price go to a £5 for a day and then fell back to just above £2, but then did slowly move back up and from memory went from £5 to £10 + within a week or two (and I bailed out then) the fundamentals are still similar having done some reading over the last few hours, so I am sure it will be back above £10 - £12 in the months ahead. So if you can afford too, stay patient. However the dreams of £30/£40 I don't see unless there is a takeover. Fingers crossed for that though :)
Wilson, you've caught the P thing there...
Def worth a peruse.
Read tayq's thoughts on possible/perhaps/presumed/per chance takeover
Ab143, here is the link:
Saintsmith shared this. Many signs here although still speculative.
Ab143, also read a couple of posts and hoped you didn't 'jog on'. It would be easier not to reply and to jog on themselves if your harmless question had bothered them so very much.
On a separate note, some have mentioned takeover. Legalities have changed both sides of the pond it seems to try to prevent hostile takeovers currently however, the lack of news, possible restructuring of Novacyt under one brand name, seemingly forced low SP amongst other things could be indicators. I will find the link to the article shared on here. Good luck with your investment.
Pat. Good point.The market does not get the necessary communication nor do we. My only other share is exactly the same and suffers accordingly. I think H1 results will show direction. I feel that more explanation should be given well before then though. The marketeers are just abusing the share at the moment though. NB it can move £1 in a day so it’s just a plaything making them money. But I fully respect your points. Scarediecat . Thanks for support. I hate viciousness and spite and people were showing it . I stand up for it in the real world too. Never allow it.
It’s a form of bullying. Me? Rude? Lol !!!
I’m never ever rude ‘cos I hate rudeness!
Arrogance is my pet hate too and I have met too much in my life so I think I can fairly say I am void of it. I am never ever ever rude and arrogance is alien to me.
The posts and posters I was referring to were being grossly rude and arrogant themselves.
Arrogance? I have none. Maybe I could do with a bit :-) But you have to stand up to people in this world either way. Some people love to abuse the liberty which these chatsites allow. And the chatsites allow them to attack at will which is out of order.
Respect allows free debate. And free disagreement.
I am often attacked for my candour but it is their issue and not mine.
Good to talk.
This s/p may be shorted but shorttracker has it at less than 1% if so. A short squeeze would be a real risk anyway on a good RNS. Shorting would be very risky.
This share is dominated by Blackrock and anonymous institutions. I am on a huge loss but so are some others. . I doubt as big as mine but maybe. I can’t afford it but it’s my responsibility .I have to give it time ..as long as it takes. Scarediecat and Patrm I appreciate your decent posts.
Hi crl123. You were really nice to ab143 who just asked an innocent question and got a whole load of abuse for it. I don't think you're rude and arrogant at all for calling such people d***h**** - You're very brave to take them on. I really hope you make up your losses. One ray of hope is that no-one has shorted this sp. All the very best to you.
Hi crl123. Hope make up losses soon. Think the problem with this share now is brokers and analysts find it difficult to value it with cash accruing making it either value or otherwise long term growth, both would be great but lack of communication from board recently hasn't helped and dosn't looking forward. Seems to be in a rut at moment, not moving each way. Holding some for now for possible RNS.
You are welcome. This chatsite can be a nest of vipers. Particularly when the vipers get stressed losing money. I’m on a 5 figure loss so know what it feels like. Average around £9. Mm’s are just playing around here on favoured customers’ orders. Company is better than ever but the share price reflects only manipulation.
Either take your profit or leave and forget again. It’ll be a while before the City traders have departed. Too easy to make money. They have to move on and there are no signs of that yet.
You are a very rude and arrogant person crl123 calling people d... h.... and such like. It is no wonder you taught in many schools they probably didn’t appreciate your pearls of wisdom!
Thanks for the kind words and the update. I got lucky when I sold out having held on through the impasse of the summer hoping for jam in Autumn (which came for me) Shame about the volatility in the last few months, and having scanned through some of the threads in last hour or so - there is some angst on the board. NCYT was and is a strong business with quality product and leadership, I am sure the sunnier uplands will coincide with Spring, sad to see probable MM shenanigans is still evident !!! I shall hold onto my remaining shares and pay more interest again now :)
No I am not on LSE, I only have an account here as I could not read the comments without joining when they changed rules for viewing posts in Nov.
Thanks again :)
Are you the same as Ab76 on the LSE site??
I’m afraid that chatboards invite immature people as you see. And rude ones. They are obnoxious but it’s only like the outside world- just anonymous so they have keyboard courage. Pathetic.
In answer to your query...Ncyt became overbought by punters. It shot up to £12:50 and the 2020 results were very very good at end jan but people took profits.And it slumped to £8:50 from £11:50 in aday. Since then the City has used it as a play-share to raise and drop at will. It has become what is known as a “ traders’ share” which is in the grip of clandestine institutions and favoured clients to mm’s and is up and down for daily profit. Company has multiple products and 130 countries as customers. Pcr is reliable. New vaccine tests released. Many post-covid strategies and instrumentation. Read last 2 RNS’s.
Any questions just put them.
Ignore the d***h**ds.
It was meant as a polite ? - I just wanted to know what is happening to the share after 4 months or so away.
Never mind ..
Are you for real - do you really think we all Zip Up the Back! Jog On
Only ever have my slippers on, these days :)
Lol, seen it all today. What a day lmfao.
Leave your shoes out and someone will give them a polish for you as well. Lol