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RapidlyRegressing is relentless over on ADVN. Very bitter chap
:) I like to try keep my head down OB! Just listen, observe and try to separate the wheat chaff, I'll leave the controversy up to the Saint!
I like it hear when it is quieter, steadies the ship and I can listen to those who are best informed.
Snake
If you want a laugh, pop over to the sng bb and mention valirx lol
:)
His last few words were
Old baldy I think you should have another top up, because with all the irons Val has in the fire and Suzy in charge, this will go north, then you could buy a new patch for for your eye!
Then he passed :((((
It's a horrible place over there, I stopped even checking that BB, much calmer over here :)
My bl00dy parrot has just died of boredom!
It's like the Western Front isn't it.
Seems someone has copied my handle and added a number at the end and seems to be tearing into one of the BB members over on ADVFN...Very scrappy over on that board. Think ill stick to LSE ha.
Hi Iceman
We appear to be slipping off the 50DMA today - if we close under this do you have a view on next resistance level - we appeared to floor out at around 22.5 after the manic times - would that be the next natural support?
Hopefully academic and we push on back above DMA but its below for first time now hence question?
NtD
I suppose that the bar charts aren't considering the mother of all hangovers that VAL has due to its historical legacy and recent exercises in shorting. Sentiment is hard to model, and I think, as you have alluded to, that we'll be bogged down in "neutral" until the next RNS, PR release etc... As a longer-term holder, these fluctuations don't concern me, and I don't see it as a bad thing that VAL isn't actively trying to whip up the market. If news comes, then at least the SP should move to reflect that more realistically/accurately, without too much foaming at the mouth.
On a positive note, here are the things that I'm looking to see:
1. VAL201 efficacy breakdown (natch).
2. Have the Japanese collaborators made headway in reformulating 201 (301) into an orally/implantable delivery? If they haven't, I expect VAL will invest here, because alternative deliveries will expand potential indications significantly.
3. News of new tie-ups, leads, collaborations etc in the preclinical space.
4. VAL401 funding - possibly an underestimated market for this slow-burner.
Realistically 2 and 3 will take some time, so any new material in these areas would be extremely welcome for me. I'll be analysing company proactivity/productivity from these, but they will take some time, to be fair to the BOD.
And a nice surprise may always be around the corner - e.g. chucking BC201 into a sepsis model
:-)
Good Morning https://www.barchart.com/stocks/quotes/VAL.LN/cheat-sheet
My novice attempts at understanding chart signals reveal to me at least SP moving in the wrong direction , so have switched to Tasseography (will recycling teabags work ? )
However suspect actual evidence of partner involvement in VAL drugs clinical trial progression is required . If that happems before the end of the year then £40m market cap might be a realistic initial target . ( October Q & A what will Suzy say ?)
Good luck VAL sharehoders whatever your investment /trading strategy , hope it works out well for you .
Quick update:-
50 DMA is back in play. We closed right on it with the lowest volume since 6th August ( 10 weeks). The positive here is that we are dropping on LOW volume. We should move up today and downside is very limited! 50 DMA has been a very STRONG SUPPORT! Smart money will be buying this dip!
OK, going to stick my neck out and try and make a prediction for the day.
Open 24.5, low 22.50, high 26.00, finish not sure.
Let's see what happens, I won't mind being wrong if we finish nice and high. Gla.