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Sorry that was addressed to Spencer….
Great post……
you best check russ there all full, but i hear CF has a few hotels rooms going spare so he might be able to help, just might need some extra security :-)
Yes it got frothy on that quick rise to 47p. However, we frankly arrived at this level primarily because of the ex Dir dumping & of course Covid is over to many. Just look at the opening SP action on Monday ked by our house broker. If that exemplifies how the market works effectively, I will sign into loony bin I live next to.
Simple answer to that deepjoy. The share was massively overvalued at 47p at the time. Is it CF's fault if investors got carried away looking to get rich quick. Er No. Just because the share price reached 47p doesn't mean it was an accurate reflection of the companies worth. The share price is now a much more accurate reflection of where the companies at.
Well said Spencer1471.
He has just been embarrassing himself but its bordering on being unhealthy now.
Deepjoy, you forgot to mention you weren't part of the share price rise up into the 40p zone because you sold out in the low 20p area. Around about this price probably. You made some good money (2-3 times initial stake?) early doors in ORPH but got your fingers burned a couple of times with buying back in and selling out a short time later at a loss albeit still nicely in profit from the early days.
I see it is as a good sign that ex shareholders like yourself have returned as shows we can't be far off the bottom now. I believe you have returned because you have FOMO and you are convincing yourself and others by the looks of it that they shouldn't be invested in ORPH.
I've been a shareholder for nearly 2 years now and I am more confident of the medium to long term of the business than I have ever been after meeting and discussing the company with Cathal in person and also listening to him and Leo the other day on their presentation evening.
The company has another 3 non core assets to spin off over the next few months or so and the core business will continue to grow in 2022 not even including the COVID-19 Contracts. These will be signed in due course (it's not what you know but who you know) and when they do 2022 revenue could well be 100% more than 2021. The company will merge with another CRO on NASDAQ sometime in 2022 and within a year it's believed the share price will be valued circa 3 times more than it would if being just on AIM as that market values companies a lot higher.
You have far too much passion for ORPH considering you aren't a shareholder and you are now very much embarrassing yourself. It's quite funny though to see you have written nearly 40 posts on the board in the last day and a bit. You have it bad.................... Please for the sake of your own health take a break or just buy back in. It's not healthy to be so obsessed with an ex company you were invested in. Hopefully you aren't like this with your ex partners otherwise you would have been arrested by now.
We may never understand the absolute reason for the fall. Suffice to say there is a bounce due. Nothing goes down in a straight line.
Strictly ... if that were the case I would be gloating not trying to get some balance to the continual ramping on a share which has fallen 50% over the past few months. The question that really should be asked is why has this happened ? Not just sentiment given the announcements over that time, what has happened for this to drop so far? critical questions should be asked but alas this board returns to normal and the dance goes on.
I'd agree SZ - it's sort of human nature.
One question asked again and again on discussion boards is why disgruntled ex holders continue to post with such passion. Is there something so deep in human psyche that demands previous sell actions must be vindicated by a worsening share performance.
I believe this must be the case.