REMINDER: Our user survey closes on Friday, please submit your responses here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
It seems like this might move back under 75 as 1hr RSI is all indicating divergence.
May be wrong as technical may not work on these small caps.
Our first support is 74.50
I remarked in early Jan how since I originally bought in ( many years ago) the SP has fluctuated... the chart looks like a saw....
Trading on 10% margins a handful of times would see you holding twice as much stock for the same price.....
Start with £10,000 @ £0.50p
Sell at £0.56 not greedy!
Buy back at £0.50p
Repeat 5 times
Been plenty such opportunities on AGL in last decade....
Trading... yup.... accumulating larger position.... yup...always risky.... don’t want to be out when the SP spikes from say £.40p to say £0.83p!!!
But thems the chances...
That’s a version of trading I like.... just wish I learnt it here 10 years ago!!! Would have more than the 162k!!!!
For the record.... holding firm!
Kew
When you put it like that it feels very exciting indeed. AN has been highly professional in managing investors expectations though. He is saying Q2 - April at the earliest. But there is absolutely no precedent for this situation. So it could be later or it COULD be earlier. Who knows. One thing I do know and that is I want to be in this stock when the announcement drops.
... only 15 trading days until we hit 150 days.
Still a bit longer to go though beyond that, imo.
Be careful when comparing Parsortix with Cellsearch. When granted Parsortix will be the only device ever cleared by FDA to "Harvest" CTC's for subequent analysis. Cellcearch cannot harvest viable cells. That's a major difference and to be the only device in the world approved to harvest rare CTC's will be worth quite a bit.
I think the market respects that this is a class II de novo application for a diagnostic tool which poses no risk to health unlike therapeutics. As such it’s risk profile is significantly lower and that applications in this category have historically had a very high 90%+ success rate for In-vitro applications.
With the peer reviewed papers demonstrating Parsortix as superior to the only exciting Fda approved device Cellsearch, in addition to ctDNA. We have significant evidence over and above the breast cancer and ovarian trials.
Throw into the mix we have had the same FDA case manager who is now reviewing the De Novo application for the last 5 years and we also submitted a Q submission. Like many others, I would say approval is a formality.
Application made on the 25 September - 150 days up on the 22 February, with the company providing a sensible cushion of expectation going into Q2.
Watch this space
Well to mu due diligence there are not any short positions held in AGL , so that in itself is comforting ( mind you seeing shorts reduce or close by an equivalent buy is better )
Lots piling into GDR , ODX and NCYT so perhaps if these where not that ‘ liked ‘ then we’d have more buys for a longer timeframe .
Mind you wouldn’t want a false ceiling price based on 100 % FDA approval with a sooner rather than later view .
Fingers crossed for weekly News on Professional Papers and Data giving AGL more Evidence and Confidence in there products and services .
How long is a piece of string ,well
1/ We don’t know if we definitely get approval ( my skin in game is my belief we will )
2/ Confidently Assuming we do we don’t know when but when by latest
3/ Lastly Share Price prior to this announcement.
Well it’s been years in the making .
Good luck don’t rely too much on these boards , use other search engines and interrogate others posters ie history and agenda .
I have no problem at all with traders wynd - I do a little myself (as with LOOP at the moment - as you suggest, I will be out with 10 - 20%, even though that can go much higher, and feed the profits back in here before the end of March). The thing with Angle is that its SP has been depressed by the Jupiter fiasco - had the last two RNSs arrived in 'normal' 'awaiting FDA' circumstances, I'd think it would be over £1 by now, with the big move still to come with FDA approval. Is your 10 - 20 % sufficient reward? What's hard to know (until the Pharma contract is announced) is whether the SP will dither whilst the FDA dither, or if expectation will keep driving it up. The mismatch been the enormous market opportunity and the puny MCAP is noteworthy, however.
Forgive me researcher, but I have been "seduced" too many times in the past with stocks with the line to the effect of: "...talk about the move to £1.50 in the Spring, and £4 in the autumn..."
I know this not your point but there have been a couple of posts seeming to disparage "traders", so while I am here I might make the following observations:
Forget the light hearted to and fro with Darren & I, I was/am "predicting" a move to 90p, the stock price at the time was 82p. That's a 10% move. Some perspective: on the 28/10/2011 the sp was in the 90's. (ie above where it is today)
Or to put it in further perspective I bought on the 19 jan (11 days ago) stock at 66.5p. On Friday I could have sold at 81.5p and realised a 23% gain.
I identified a buying position which I posted here only on Thursday at 75p which is showing an almost 10% gain.
I say this not to use me as an example, but just to show that "trading" is not a particularly disreputable way of trying to obtain the same objectives of the LTB&H
In other words you could have bought then and 10 years later be sitting on a loss. So for me to identify a 10% gain in a short term time frame should not be dismissed quite so quickly I think?
There was also some discussion that implied trading is a bad thing or at least an undesirable trait?
I have traded for quite along time now and believe this is the best way to maximise returns. (Each to his own). But the basics are, aren't we all trying to maximise returns and ultimately in the shortest timeframe? (Some believe counter intuitively that LTB&H does exactly that and there is plenty of evidence to support that, like I say each to his own).
I want the same things as LTB&H strategists and incorporate that with capital protection.
What I don't do is "care" about the company and my experience has shown me that the longer you hold a share the more emotionally attached you become to it and subsequently, rational decision making is impaired.
Bit of a ramble (but it is the weekend) and sometimes I think traders get a bad press for making money (or trying to) which as that's what we all want to do, but their " crime" is simply wanting to do that in a short or shorter space of time than others.
Anyway I hope you are right and 400p arrives in double quick time! GL
Darren/wynd - cute squabbling about a few pence? Get a room! Exchange pillow talk about the move to £1.50 in the Spring, and £4 in the autumn...
ha! Yes, true! We will see!
I think we will have another buying opp at around 75 before it breaches 86 meaningfully.
Let's see....
Well, its got 2 choices Darren! (my bet is it rises to 90p and then a fall back to around 86p/87)
I own a lot of these but I don't agree - I think this sees a small drop back next week and it'll take big news to shift beyond 86.
its itching to go to an intra week high of 86p and beyond. Feels like an irresistible force and there is no immovable object in its path.
there is good volume every day wynd - hence the tight spreads
Although compared to many here I have come to the party only recently (68p first buy), nevertheless as I trade more frequently than some what helps enormously is the small spread on this stock. It is refreshing in the extreme, that a stock of this size does not come with a 5-10% margin on it. Its so unusual I felt the need to remark upon it. and I guess I have the MM's to thank? (do you don't hear that very often!)
been buying all morning and this last tranch right now took ages to get through.. hopefully some big buys coming in
Well I have taken my own advice and added, and continue now to pivot away from another bio tec company. I think this has a better short to medium term gain potential.
This looks to be a good place to buy as its on a recent support line, so good risk reward. it will be interesting to see if it holds.