The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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5000 trades mostly auto -- so could be an algorithm at work...
I was more taken with the term "ourselves", a plural "Royal we"? sheps.......!
so I had a look back.............!
"at 3.63 typically it then decides to drop, so my last 4 top ups at 3.50, 3.70, 3.87 and todays 3.63 as things stand arnt showing a profit, I'm sure they will in time though, may be able to cram one more top up around the 25th of this month, obviously if good news hits before then I won't need to add any more but I guess if the news isn't as good as expected then at least I will be able to pick up alot more shares so looking at it as a win-win situation in a way, it's not like there is a massive volume traded today so todays movement could well be a little shake I'm guessing.”
Dinger on the 10/10/19............... after all that negativity.......... ;(
All the best (he is a we, after all............. :()
My point about talks, at least positive it that considering SXX is probably the most leaky ship I’ve ever come across, many recent events have proved that. Anything remotely positive would have the SP rising as those in the know would be buying big time and telling all thier mates about it. We would be seeing big buys, let’s face it 1 million shares is around 35k in today’s price, I do wonder why all the A trades and buys for a few hundred pounds seem to abound but then again no one seems to be able to offer a plusable answer to that.
dinger189, care to explain how you can speak with such authority when you state "if any potentially positive talks had even begun"!!! yes let's be honest you haven't the foggiest about what's going on within the company regarding "talks" or when official information or any other price sensitive information will be released in an official RNS, you are making wild unsubstantiated remarks.
I was mainly stating an opposing opinion to Chilting's guess about the shorting situation.
Sheps8.
Don't know, i can see share price dropping to 2.5p before rising.
Lots of 5000 trades.....
sheps
I would like to think that you are right but never underestimate the shorts, they always have the ability to surprise and they don't often get it wrong - we still have another couple of weeks before the end of the month a lot can happen in that time.
Sheps, if any potentially positive talks had even begun, and let’s be honest with ourselves times scales for the last finance deals have run on for months, years!!! Nothing is going to be announced in the next two weeks otherwise the SP wouldn’t be where it is. Nothing but absolutely nothing apart from the SP is any reliable indicators of the strength of a company. Doesn’t matter how deep or how long the tunnels are at the moment.
Chilting, your "guess" could very much be applied in the opposite direction given your "The SP is still way below the falling average - around 6-7p - and is therefore very vulnerable." "Regardless of the good news that now looks more likely at the end of the month" is my guess is that shorters would be in extremely dangerous territory to "try and take the SP down another step" given the high risk factor of the SP rising rapidly on any good news regarding the finance restructuring.
Sheps8.
Regardless of the good news that now looks more likely at the end of the month we could still see the SP slipping if the shorts decide to mount another attack. The SP is still way below the falling average - around 6-7p - and is therefore very vulnerable.
So my guess is that the shorts may try and take the SP down another step - beware stop losses.
Who thinks they are the bees knees? In the last year they have only had Sirius, premier oil and TC open as a short. But everyone had a short on TC. Prem have jumped up 50% when they had a short open so no they are not great. They are late to the party and if we get the news on funding that is not too dilutive they will get burnt
Lol bad times ahead , look at the sp , bad times are here , good times ahead ? Particularly makes one wonder why so many bashers have turned up , why would such a bad investment need the bashers ?
Is anyone worried about Whitebox upping their short?
Most people seem to think they are the bees' knees when it comes to shorting...
I smell bad times ahead.