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looks like i have timed it right today, nice , tomorrow is another day
here we go 507p to sell , nice
next stop is 505p
could today be the turnaround for ONT
@volcano, mine doesnt seem to produce any money at all... just hot air
The price was buoyedxup before because small investors were lockedxoutcof the flotation.
Hence steady buying pressure keeping the prices high.
Now there is a correction the new buyers have been scared off and existing holders are getting rid!!
More downside potential come next week following today's routine and even more as interest rates go up.
Caveat emptor as they used to say!!!
Curator , i have planted one thirty years ago but i think is in the wrong place ,lol
Its been painful watching the sp... will wait to top up again. seems we are not yet at the bottom... need to grow more money tree. :(
IT'S OFFICIAL: EUROPEAN TECH IS IN A BEAR MARKET (1020 GMT)
It's been a long time coming but here it is, the European
tech index is down more than 20% from its November highs and has
therefore officially entered a bear market.
Of course that might come as little surprise to investors as
sell-side analysts have been warning for months now that growth
stocks are bound to take a hit during a Federal Reserve
tightening cycle.
But it's worth noting that the damage to tech has probably
been much milder than initially feared thanks to encouraging
results from Microsoft and Apple.
Same here volcano. Brilliant product With multiple markets.
wondering when to buy here ,still keeping eye on ONT for now
On hindsight, maybe it got done a bit along with the general tech and growth company sell off. Looks like its coming back up.
always wanted ONT price to start with four
Darktrace has a different problem, hedgies taking a big short position. Not ONT i think, i might be wrong
Added 1500 shares but money tree is drying. Sp next to move up.. sigh :(
Once again dropping, so who knows what is going on.
WTF??
Thank you for the info
The technology here is probably beyond most analysts. Also I recall (subject to validation) that there is some kind of 3 year lock that stops them being acquired. Perhaps someone can shed light on this... My view is ONT is long term, and could very well be a key player in the sector. There device was used in the Royal Institution Xmas lectures 2021 on BBC, but few folks clocked it.
Will this help?
https://www.fool.co.uk/2022/01/11/is-the-oxford-nanopore-share-price-a-bargain-at-600p/
I don't understand why this has fallen so sharply?
13:52 Large trade for 363,313 share approx 2.2 million quid. Price £6.11.
This need to get above 600 and maintain momentum upwards again.
Who has been reducing holding I wonder.
i suspect its the last day or two of sp down....
Yes most trades last couple of days were triggered by the fall and not real sells. carful with those stop loses.