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Yes, a nice balanced view.
If we get FDA approval and sales announcement this could very well be £2+ in the next few weeks/months.
ralarcon.
I can accept your points but I just don't see it dropping below 60p at all.
I hope I am right!!!
Good luck to you.
Very nice chatting with you and understanding your opinions.
can see this at 40p? yes...But can is see it at £2 plus and higher? yes
Both scenarios are still credible IMHO, if you asked me about probability...I would say its probably on the upside right now but it is never 100%. Look at Novacyt; a little change in sentiments, some bad news big drops are realistic. Look at GDR end of March; nothing has really change has it? yet the SP drop from 130s average to 60s!.
Never be surprised on what the market can do on the upside or the downside and be prepared to experience either scenario. Stops are one huge factor; many will have stops in the 50s for GDR right now, so a simple sign of delays or change in sentiment from this point triggering those would quickly take in to the 30s but probably bounce in to the 40s.
Conversely...signs of good news, a few tweets, RNS and momentum can as quickly get it back to over a £1.
The one thing only you can answer is your timeline...because if you asked can this be 40p in 3years, probability would be very different to can I see this at 40p in the next 4 weeks. Same for the upside scenario.
Good luck on this and any other plays you have on.
ralarcon.
You really think this could to 40p?
I can't see that all now there are so many contracts completed.
GLA
same as you lost the large unrealised profit; sold at 79p as my stop loss got triggered. I could see the SP bouncing 60-80p for several weeks so no rushed back. THere is plenty of upside and £1.5 is easily on good news. BUT this share has too many impatient and short term holders so any any sign of bad news can send it back to the 40s just as quick.
ralarcon.
I originally purchased at 73p on the day of the Beckman Coulter RNS.
Hence I didn't lose any of my own money but I was absolutely gutted.
I had never made that much money on a share when it was at £1.50.
Anyway, this company has so much potential.
The products here are excellent.
I think when FDA approval arrives it could go back to £1.50.
I purchased 20,000 shares at the beginning of the week at 67p and another 7,500 at the end of the week at 70p.
I might purchase a another 2,500 or 7,500 then just hold them.
My target price is £2.10.
I really can't see much downside at this point.
I am looking to invest in Omega Diagnostics and/or Argo Blockchain but still deciding.
Surely, this company will be a winner from all my research.
Good luck to everyone.
Lord Paul
LordPaul,
Good conviction in GRD; I am waiting on more concrete news before coming back. The upside is pretty big here so no need to jump just yet for me.
I hope you've been making money elsewhere last few weeks and recovered the losses of last month.
That’s the usual BS you hear on a red day , someone wants in cheap , as our current SP is soooo high and unreasonable
Does it suggest need for documentation amendment good grief :(
Thanks Invest4theLT
Depth 7
14:30 PEEL 2,000 66
14:05 SCAP 2,500 66
07:56 FCAP 2,000 65
07:53 MREX 2,500 65
13:18 SING 2,000 65
08:07 JBER 2,500 64
09:37 WINS 2,500 62
7 Depth
68 2,500 WINS 09:37
69 2,500 JBER 08:07
69 2,500 SCAP 14:05
69 2,000 SING 13:18
73 2,000 PEEL 14:30
75 2,500 MREX 07:53
78 2,000 FCAP 07:56
Anyone got a view on L2?
Sentiment starting to look perkier here going by the buys so far this afternnon, guess Monday's news has filtered through and enough have done their due diligence and freed funds to get in
Still got my patient hat on but nice to see the interest!
A good read while you waiting for EUA:
On April 20, 2021, pursuant to Section 564 of the Act, in response to public health needs to expand the nation’s testing capacity,2 FDA is issuing this letter to authorize additional indications for EUAs that are within the Scope of this Amendment (Section II). For such indications, use is limited to laboratories certified under the Clinical Laboratory Improvement Amendments of 1988 (CLIA), 42 U.S.C. §263a, and meet requirements to perform high complexity tests, except that tests authorized for use in specific named or designated high complexity laboratories can only be used in such laboratories.
https://www.fda.gov/media/147737/download
This is a ridiculously cheap entry price for anyone
Still coming. Volume now closing on double yesterday's. Could be an interesting afternoon (just observing, much more interesting activity than we've seen recently, most days have been a bore!)
Nice buy at 13:50!
With this volume of buys coming in not surprise if a RNs is seen soon again
Yeah volume much higher than yesterday already
£100k of buys in last 30 minutes and one visible sell for £600 yet not moved. Either a seller in the background or pure manipulation
Building up holding .while share price this low.with the different pieces of news due wanting to add more if can before more news is released.news might see news released at any time
Nice one LordPaul, glad!
Welcome back Paul
I have purchased my first £14,000.00.
I have watched this since the terrible half year RNS.
I can't see it going below 65p so I am starting to build a position again.
GLA