The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Insane how cheap this stock is.
Looks like its hit the floor, they keep trying to push down but no one of worth left to sell.
Anyone buy in this level will get quick profit IMO.
There is a seller at 160p, otherwise already above 160p, but once he is gone this will march to north.
I'm in, I think this will bounce from here.
In its financial year that ended March 28, the Norwich-based online wine retailer posted a pretax profit of GBP2.9 million, versus a loss of GBP10.7 million in financial 2021. Revenue increased by 3.0% to GBP350.3 million from GBP340.2 million. Yet the results see a 43% fall in share price. Weird and probably oversold in my view.
If you check TheRifleman's post history, you will soon see that he shorts every single company he comments upon.
Anyone clever people have any idea if those late reported trades are buys/ sells?
on balance will drift lower until then.
A placing/open offer/rights issue coming soon?
I did try to warn everyone on here just over a month ago. Easiest short going.
Yes, can get back to 190p but will hit again 155p-160p range before rise. :-)
I was very wrong this morning purchases anyway.
Good luck.
In at 150p target 188p
Got out now at 170p.
Was around 5K paper loss, but use bounce to only 1.5k loss, Can't cope if drop again despite chance to more recover.
Will buy again if dropped below 160p.
GLA
Short positions are closing! Short squeeze incoming!
Should close above £2 Imho. Over sold. At least it gives a chance for poor investors to make a little money. DYOR GLA
Next RNS will be directors buys!
Looking like a claw back, similar to what happened to Asos, massive drop but should close alot higher.
As I said early this morning, the business cannot be worth £150m and I agree with the market it is not worth £100m. It is not capable of making profit! And I agree with others that the announcement has some very strange wording e.g. quoting Angel numbers with no dates!
somewhat...in 1.60s now.....Close near £2 perhaps.....GL All OF
At this price it would be a great at take over target.
Get all the stock, infrastructure, and client base for this cheap.
Anyone who read the results and though drop overdone needs their head shaking. Poor presentation of results, clearly hiding so many issues e.g. banking covenants and terrible forward looking statement. Sub £1 might be coming sooner than you think...
In Freefall....currently in auction ...just went sub 150p. Falling knife
Should waited £1.53p to buy. What a crazy drop :(
If I'd just come across this share I might be tempted too, but not after this morning - that was the quickest loss I've ever made. I don't like the way management communicated (or didn't communicate) this loan and its possible breach. Such material information buried away in the RNS...
Just topped up at £1.59….drop looks crazy and very overdone