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Cleaner,
Please help me. What is the explicit (rather than your implicit) connection between the two cut and pastes you included in your 07:44?
I know very little about the science here and I find your post difficult to understand in the context of Covidity (which I thought had been sidelined by Scancell FTB).
PLEASE could you explain because I'm struggling with this and your posts frequently arrive on the BB but you never post your own conclusions so I end up reading a load of stuff that I am completely unable to contextualise. I imagine you understand why the two posts are linkable but I can't, so your explanation would be helpful.
Thanks C11 for your plea to the science types. If you're correct in your assumption (and it is supported) why are we constantly trying to link Scancell with the next epidemic when Scancell seem to be centred on Cancer trials.
I genuinely need help on this as I thought Covidity was out of the picture FTB.
Apologies to those who know much more about the Science than I ever will.
It's so sad that even when Scancell's future looks pretty bright and the SP is seemingly still at a level below that which pertained only in April this year, that there's picking over things that were posted before the latest updates were made public by Scancell.
OK, there was a five/six pence window of rise in the SP that some may not have taken full advantage of. Does that mean They haven't been able to regroup and buy back in? Does it mean that they will be held to posts that they made when they felt that Scancell hadn't made themselves clear, and let's be honest had certainly not put SCIB in the best light.
Whatever prompted the company to issue the 19th's RNS I can't imagine but those who were holding when it hit have made more than those who weren't.
Maybe Friday's inexplicable price movement made some who were low on shares buy back or maybe buy more. However we look at it if the last RNS had been instead of the one that hacked many off and caused them to reduce holdings nobody would be having these arguments now.
So whatever the rights and wrongs of people declaring their reductions or whatever they did (with explanations as to why they did) sdoesn't seem so terrible to me.
Things have changed over the last few weeks and they've only changed because of what the company has put out into the public domain this week.
I suspect some who had reduced their holding may by now have bought some (if not all) back .
Those who didn't sell have done well to have held. Those who did reduce or sell out or whatever will probably have suffered some lost profit (Thanks to an inexplicable rise last Friday) but it's not been difficult to pick up shares yesterday and this morning.
It's what makes a market, some sell some buy (but not necessarily in the right order (to paraphrase Morecambe and Wise). If people follow other's lead they have only themselves to blame.
So if you held through thick and thin why not simply enjoy the benefits of the last couple of days?
A trader is only as good as his last trade. an investor is a different animal.
I wonder how many investors are just getting back to their averages now. Traders will have probably been in and out multi times during the same time.
Who cares? The traders provide the liquidity for the investors.
Always has been the case and always will.
No one is all right and no one is all bad.
AIMO
Because as I've said I don't have the knowledge to understand the information you have found,
So please could you add to today's posts,
Why do you think the information is relevant to Scancell now, and in the future what are the likely impact(s) on Scancell's business?
If you could do that then it will contextualise the very complicated (for me) information that you have supplied.
In a nutshell I don't understand what you have posted, hence my need for interpretation.
Thanks in advance.
Miavoce,
Wouldn't dispute that but this BB has quite a history of very significant "Finds" but that has been generally by a small group of posters who know what to look for, and I'm sure most here will agree that those posters have been good for the BB.
Problem is that it does take a certain level of knowledge to know what is useful (and relevant) and what is not and that sort of test tends to control the number (and frequency) of such posts.
I think that is significant.
AIMO
Moonparty,
Not everyone here (and I include myself in this) are as knowledgeable on the science as others, and so might feel that over the years the postings by those who understand more about the science has been really helpful.
Since it seems that (from C11's post),
"The scattergun of random, often months old, irrelevant, unconnected, previously dismissed, links to Scancell continues."
does create (for me at least) the idea that something new has been found, and then I am now finding myself wondering whether the new stuff is actually new (or even relevant).
It always used to be that a number of posters who had a good understanding of the basics of Scancell's diversified science would post and then it would be discussed.
There seems to be a new idea now and that has been that loads of articles are posted and frankly I've no idea whether the contents are good or bad or even new.
That is a disappointment because I do understand the basics of the Data we expect and whether that is likely to be good for Scancell or not, but to see all these articles appearing leads me to wonder whether I am alone in being (mightily) confused.
I do understand the keenness of posters to contribute, but some contributions are rather difficult for scientific numpties like me to understand and recently in a couple of cases ,unnerving.
Sorry if I'm not able to process the welter of info seen lately but when I read it is not new or worse I think the value of the BB is diminished.
Perhaps it would be helpful if posters could keep their contributions to new info (or at least state that they don't know whether the included info is new, likely to be to do with Scancell or what it's relevance is to the current Scancell situation).
I'm sure the posts in question are made in the right spirit but for people like me the science is confusing enough without have to read other sources to find out whether it's anything to do with Scancell.
For once I'll say I don't know but I hope my pleas will not fall on deaf ears.
Thanks,
Confused of Scancel Land.
Fascinating theory.
MMs made losses because the SP fell?
They were the ones making the price and since they undoubtedly were sold stock after THEY cut the bid they probably ended up with cheap stock from that fall to sell at a higher level.
All they want to do is make a turn on the SP (Spread).
Since all the trades so far today have been filled way below the Market indicator of 10p and the bid is presently around 9.3 they don't seem too worried about losing their stock at around 9.65 (so far).
So what we have rather than an SP of 9/10 it's really 9.3/9.7. (and it's easing again) so that's not too bad surely?
So those who want to fill their boots at current levels can easily do so well inside the indicated offer.
Anyway, the SP collapse was done on small volume so don't really see how the MMs got "Hosed"
They seem to want to give their stock away as we were told quite recently that 10.5p was a bargain buy.
Mark you, every price from 29p downwards has been a bargain buy according to some (and maybe at some point it will be ) but probably not this week.
I think the MMs are a bit more sophisticated than is being suggested.
AIMO
EE
"….his opening question was “what happened to Scancell? I turned round and it was down 20% on nothing”. He’d been hit repeatedly on the bid by one particular broker."
So presumably his auto system was part of the problem, if he was being hit on the bid himself with no other MM being affected. To an MM shares are a commodity that generate commission.
You yourself have said in the past that Scancell is a low liquidity market. Your point this morning is simply the reverse of your observations about sudden buying appearing. Par for the course really.
Interestingly your observation links neatly in with Dracula's comments just now.
Probably brings us to the point,
"It ain't personal, it's the Market."
Shows us why Algos are so frightening, but this time it didn't recover immediately.
AIMO
Dracula,
I don't think it's naivety I think it's more to do with being a fundamentally reasonable person.
I also imagine that very few (if any) of the sharks even know what their victim shares Companies do let alone have any understanding of the complex world in which the likes of Scancell operate.
I believe (rightly or wrongly) that traders see a share as a commodity and if weakness (or a positive) direction is sensed, then any share is fair game.
Let's be honest if we all thought (and acted the same way) there wouldn't be a market in shares (who'd be the ones to sell Scancell at these levels to people that see a bargain to buy)?
I take your point but maybe attempts to support the SP brings out the best in the Good Guys?
Wish I knew.
ATB
Dracula,
I get where you're coming from, but surely all equity holders in any company which has to prove itself in any industry are at the mercy of contra views being held by other shareholders (particularly in the time that the company is in the process of proving its product/products. I think there will always be those who think they "know better than LTHs" and so there will be SP weakness if the company does not have any Good News to impart.
Once the Company can prove that it has the ability to produce positive revenue flows that is when the value transfers positively to the shareholders.
It's also worth considering the structure of the company's funding and who gets what if all does not fulfil its original financial aims.
As I say I empathise with your views but that's how the equity holders get massive returns in some companies when the promise is fulfilled. Those who do not hold those "risky" shares will not benefit.
T'was ever thus.
AIMO
One big thing maybe worth bearing in mind.