Member Info for AB124

I rather like the Burble approach to this.
Let's assume that there'll be no announcement from Scancell before the New Year.
In saying that it will:-
1) Let anyone who wants to "go short" as the BB has suggested many might (because they don't understand Scancell).
2) Allow those who want to buy more shares (and there's some that want to do that) at Bargain prices (from the "Shorters")
3) Allow the Company be able to include as much information as it wants to and perhaps even a little more with a longer time until publication.
4) Put a squeeze on the "shorters" when the news is presented and they have to cover, thus massaging the SP even further North.

So those four (and there are more benefits) would work for existing holders.
I think that the biggest benefit of not suggesting that an RNS will drop before the Christmas/New Year break is that there is no timeline put in place (that Scancell themselves have not published) which might not be achieved with the possible resultant unhelpful SP effects - which we have seen time after time after time on this BB.
I believe wait and see is a much better way forward, and in that respect I completely agree with Burble's post.
AIMO

Yes Martin, it triggers RM's option to execute the CLNs. I can't imagine they'd simply sit back and accept repayment of the Loan Principal.
So let's hope we stay sensible and keep learning to walk before starting on overoptimistic sprinting.
Otherwise things are shaping up quite nicely for the next couple of years.
AIMO

FWIW far too early for that, let's get some Trial results rather than the expense (and IMO undesirability) of A finance draining Stateside Listing.
Scancell's got lots to do before that!
AIMO

RR
Season's Greetings!
Now that's what I call taking a pragmatic view of Scancell's progress! Good on ya!

WTP,
Quite right but there's many who have and some have paid for it over the years.
AIMO

Oh come on.
Any halfway sensible shareholder is sitting on a pile of profit at these levels.
Christmas is coming and those who do have the holdings and the profits are coming into the area where if they've told the other half how well Scancell are doing wouldn't the partner expect some sort of payback for 10 years plus of hearing, "Next year will be a pivotal one?"
Since we think that 2022 is pivotal, then maybe spreading some cheer around from Scancell profits might be a diplomatic thing to do this year?
Bet a few think that way.
AIMO

I would hope that a private forum has been set up so those taking part in trials can have a place to discuss their individual progress far away from the prying eyes of investors.
It seems to me that that would allow those who need to being able to communicate with each other whist protecting Scancell's credibility and reputation.
AIMO
AIMO

GF
If they were on the back foot this morning the bid would have risen in their attempt to get the stock back that they'd sold (short)? If they hadn't the stock to sell why would they mark prices down? Maybe they have inventory? Maybe they have a ready source. Maybe there's still some overhang.
This selling into strength has been a feature of Scancell's progress for some time. But it's a stately general upward movement for the SP. of late, hopefully it'll continue that way. What's not to like?
The close looks like it'll be 26.5. The small trade you say they used for the close is actually not a London trade anyway, so that was never really going to be the case. Now if it was a UT maybe, but no, it's irrelevant.
So the SP closes below the price the "Backfoot Trade" (26.9p) was executed and the MMs didn't bid up to cover their sale at 26.9p, so nobody seems to be too concerned.
No, I don't think it was a problem for them, not really.
Have a great weekend.
Looking forward to next week? I guess we all are.
AIMO

Chippy, to put this to bed,
as you said,
"AB, just to say I didn’t name you specifically as a trader. But you do seem to meet the other group criteria…just saying!"
Not unreasonably I thought you were implying i was a "committed manipulator".
Glad you don't.
Sorry to have bored you and everyone else.
Sorry misunderstood your post.
End of.
AIMO

Chippy,
In that case I expect everyone will sell Scancell shares because I am saying they should appreciate as we get further (hopefully) positive Data.
But thanks for telling me . ;-)
AIMO

Chippy,
So the Trade Brigade simply look for the highest risers on any given day and then "Short" those shares?
Interesting philosophy.
Well, at least that rules me out of being in that group.
I wonder what the rates of success are for those trades?
Probably an even better reason to let the "shorters" carry on trying to get the price down and say nothing so they're wiped out when the next news hits.
My advice is even more, "don't tell 'em Pike"!
Thanks for your reply BTW.

Can't imagine the concept of buying shares just because someone on a BB says they're a Good Buy.
AIMO

Chippyjo,
As you say,
"Pelham, the trade brigade would have sold in the rise. They want you to sell to drive the price down."
If you look at the chart for Scancell since September this year would you "short" Scancell since then?
People might have top sliced at 28 (much as C7 did two years back) but to be actively short of Scancell ATM seems to be a good way of wasting Margin.
Ever since it was shown in 2012 that however good the Science might have looked for Scancell at the time the reality of lack of commercialisation demonstrated that a company with great science and no finance was screwed. that was mainly down to many posters' lack of understanding of the Bio Industry.
When Vulpes and Redmile appeared that all changed and now with trials ongoing Scancell is a different animal.
The outlook is far more encouraging now than it's ever been.
If people are so worried about the fate of the poor misguided traders who are "short" (but strangely still not "caught" )from recent highs, why not use their stupidity against them?
Don't keep telling them how daft they are.
Let them go ever shorter.
That will then add to the clamour for stock next time a good bit of news arrives and the SP will overshoot where it should be even more, and those who are right in assuming that the SP will move north can sit back and congratulate themselves on sending the SP higher by doing nothing more than keeping quiet and wrecking the vengeful plans of those who had the stupidity to have not just sold Scancell but "gone short as well".
Seems like a plan to me.
AIMO

WTP
It's more likely that there's some repositioning of large holder's interests in Scancell IMO.
That's why the SP has been reasonably stable in the last few months only making significant (and so far sustainable} moves as new information arrives in the public domain.
Seems to me that's what any sane holder of the shares would hope for.
There's plenty of other speccy shares for traders to get their teeth into rather than risking their pot on Scancell (a Company which is more likely to rise than fall) and which is more stable with each month that passes.
I'd expect that to continue to be the case.
AIMO

GF
All I've done is note that your comment relating to what is now a relatively insignificant buy (£50k) in the Scancell scheme of things (checkout the volumes we've been seeing lately), was proving not to be the shock to the MMs that you suggest.
That is shown because the implication in your post was that the SP has disadvantaged those who make the market.
I am not anything to do with any "Trade Brigade" as Chippy suggests, merely pointing out that since the SP is now offered over (below the trade price that GF noticed) the chances are any ideas that a £50k trade is going to upset the MMs in any way now that there is a greater awareness of Scancell is delusory.
There's patently obvious there's a supply of stock available to them and to try and predict the market intraday is pointless.
MMs job is to allow the trade in shares. they facilitate and make a profit on any sale/purchase of shares whether the market's rising or falling. The profit from the spread. If they have the knowledge or ability to source stock at each new level it allows them to keep prices tight and tradeable. Those who do not have such sources have to price wider for self protection.
So we all agree that Scancell SP should trade higher as Data is released?
If that's the case I'm in complete agreement (or hope) anyway.
Would I short Scancell shares?
Certainly not!
Would I trade Scancell shares?
Not at the moment, no.
Why is that?
Because I think my holding is proportionate to my Medium to Long term expectations and I'm happy to wait and see.
I don't need to make posts that suggest it's all going to happen in the next few days.
Maybe it will, maybe not.
I'll return to my idea that Scancell is now an Investment. If you believe that there's no reason to constantly trying to pick on individual trades as being the indicator of the next move in SP, hence my comment earlier about the Offer being below the SP where a £50k buy took place.
AIMO

Yes, 26.60 offered now v 26.90 paid by punter first thing for £50k+, that obviously had put the MMs on the back foot...LOL

Great to see baseless insults being rolled out. No attempt to atgue a case. Just snide comments.
It's a shame, things could be so much better here, save for a few who are obviously frightened of others who have logic and calm reasoning on their side.
Sleep well C7,
Pleasant dreams.
AIMO

RP
I'm sure we all are but that will be on the receipt of valid news from the Company.
So We agree there!
That validated news will obviously push the SP beyond MM's control. There will always be places they can get stock though.
But behind that will be a great number of sell orders.
Anyone want to vote for the MMs walking away from the Bid then? Or would they prefer the SP is managed at a higher level. The large holders of SCLP stock will have a part to play in that too.
Works both ways you know.
AIMO

Chippyjo,
Not at all. I've stated that trying to predict the next move in a share price by using dummy trades is dangerous if you rely on one platform.
Your argument was,
"Just standard situation of imminent news and the share stagnates ".
Your statement above is realistic. I agree with that. Is that OK? You've not tried to predict the future from no firm price on your Dummy trade. You (as I read it anyway) have put a dummy trade in and concluded on your platform they're not working a buy order.
That's valid within the bounds of your platform.
AIMO

Roses,
If you believe that, it's your prerogative.
It's certainly convenient to insult and defame people when you have no credible counter for a point of view.
It's interesting that you'd seem to prefer Scancell's SP to be all over the place rather than have it kept "Real"
Finally, what part of having the SP rise in an orderly manner is a negative slant?
Sometimes I wonder about the intentions of people who don't like considering an alternative view. Tends to lead to bigotry and worse.
AIMO

Chippyjo,
Well said.
I'm pretty certain if MMs needed shares there a couple of places ay least they can get them.
Let's think, in who's interest is it to keep SCLP shares an orderly market?
AIMO