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i bought in higher than that!! but i will stay the course i have invested in this company for what it is rather than what its currently doing. we need to just switch off from it and be realistic behind the sp is a company a fantastic company at that. i run my own buisness and this week is quiet but that does not mean that i am failing its the whole market is down. enjoy the ride and let it do its thing other investors will be buying i know i would if i had any spare cash.
Hoping it stays low for a few more days so I can add
ive actually just bought again. It may go lower who knows? What I do know is that we have a great product with a great need in the market place and some very clever people at the top of the company. In the void of no news SP's on AIM jump around like billio. As far as I can see nothing has changed except for the positive since the 30p days. RM couldn't have made it any clearer that big pharma is very interested and news is coming. Just need a little faith. I truly believe Big pharma is coming in for this and we will look back at the current SP and laugh. Or cry if you weren't a buyer.
Agree CW25. I paid £2.06 so I am not over the moon with the slide but the whole market is suffering. I think we may all get a bounce tonight if lockdown v2 isn't introduced. Everytime I contemplate selling this I decide not to because I have trust in the company (whereas a lot of AIM companies, I do not always have trust that the BOD will not be purely self serving). They are trying to save lives and I really hope as many people as possible can access this treatment so that is what makes me hold. Also the Venrock purchase gives me confidence as I believe they will have done DD before buying in and VC's usually want a 10x return. Personally i would be happy with 50%!
Also still holding strong. If I was going to sell it was at 225-250p not at this price. Instead of selling I held as didn’t want to buy back over my 40p average. I’m still very confident in SNG. I said to the wife last night that it’s actually a good thing as making money on the AIM isn’t easy otherwise everyone would do it. I’m now in till the end to set this through till the end of winter. If sng001 doesn’t get emergency approval I believe there is some serious negligence going on for a proven safe medicine that saves Covid lives. It would be a travesty if not available to people this winter. I believe it’s happening behind the scenes and it will come good. If you block of all the noise and just read the RNS and watch Richards interview you will have a much clearer head.
GLA stay strong. No point putting your money elsewhere either at the moment! Bloodbath out there!
Chris I appreciate the sentiment, but it's both. I can agree that some concerns are genuine. Unfortunately others are not.
Most conspiracy theories are nonsense, but it is naive to assume there is no collusion, fraud or corruption on AIM, it is a very well-known issue. BBs are chock full of attempts to influence PIs, some more innocent than others.
I believe in free markets, but some level of regulation is always a necessity to maintain integrity.
Without integrity, markets function poorly.
I agree that anyone who feels overexposed should sell.
Do your own research. Verify what others post. Do not invest more than you can afford to lose.
I have a large shareholding here and I generally take an active interest in my investments.
The company means more to me than just money and I am free to say what I see.
As time goes by and the share price drifts it's normal for PIs to panic. A month or so ago on here this bb was full of predictions that the sp would be £5, £8, £10, some predictions much higher than that. Naturally there will be posters on here that jumped in off those projections and are worried now. Sure it's dangerous and reckless to be throwing thousands on a share based on PI enthusiasm but it happens... I've been there.
So can we accept that most on here voicing their concerns are genuine and are not working for the MMs or part of some nefarious shorting cabal.