Member Info for AB124

I think it's very positive that the Sp's reacted the way that it has today.
Had we not closed the gap created first thing (see my 09.08) then I doubt there would be much room for an upside in the SP should we get further good (but not spectacular) news. Now I believe we can consolidate (or even gently rise) upon delivery of other Good News without the constant worry that this morning's gap might provide should it have been allowed to remain.
So far so good, and since we've been treated to some Good News on Covidity we have the opportunity to be boosted by some further updates on the Platforms that LTHs have been following for some time now.
AIMO

Maybe the Gap Up this morning is causing some consternation to those who've noticed it!

Roses,
Actually a bit of overhype on the CEPI might be useful to see whether there actually is a (semi) formal price support/lidding operation on the Share Price - as looks to have been the case over the last few months. A negative (or positive from Cepi) would demonstrate that to be the case.
Let the Overhype begin (continue)? LOL

Ruck Rover,
I was rather hoping I was making the point that it was not about, "what might have been" but rather more about how to use the history to advantage in future movements/scenarios, and looking back at what happened was key to that process.
Since I seem to have abjectly failed I'll leave the point to wither (which is probably what most wished anyway).
It was worth a try. :-)

I am not really surprised about the reaction to my response to Dracula's post earlier.
The tenor of the responses I have had to mine are generally dismissive and in some cases mildly offensive

For one,
"AB, another poke at the Scancell BB , you do get confused easily"

I can assure you I am not confused or "poking" at the BB.
I did ask a question which nobody has answered. That question was,
"If anyone disagrees could they just tell me why they think as they do".
WeTookPelham did at least make some reference to mine which was,
"We can all speculate about the future, but we can't really speculate about the past, can we? It's already written. So, yeah, pointless, all IMO"
I'm sure he could develop what he meant, but noone was being asked to speculate about the past. As WTP says it's already written. BUT we can see what has happened since the lows and what has caused that recovery. We can judge what the effect of simply having new II with real money investing. What we can draw from that evidence is what is already priced in from the expectations that valid and conclusive data will provide. We can see that without a great deal of news how far the Share Price has held up and what value new investors place on the future (About 17p on a base of 3.5P).
From this we can decide whether the SharePrice is reflecting any disappointment with no new news (about 7.5p on a base of 28p) We can see where the likely resistance for new buyers will be should we get new news. and equally where we might see jitters creeping in should the new news not arrive. We can deduce where we might see support coming in should the new news not materialse over time. We can see how much patience the new investors might have should the Share Price react to varying levels.
From all of that above we can then start to deduce what might happen should certain events occur (vis a vis the historic share price).
The history may be in the past but the future may (or may not) result in some of the historic prices being revisited (as some already have. And people say there is no value in the Past Share prices?
I have written this without hearing any (apart from WTP's broadbrush brushoff of my point) replies to mine.
I haven't seen any other comments from those who I might have suggested as naysayers apart from a rather spurious,
"If you believe dracula has made a pertinent point then do please tell us what it is"
I believe Dracula's point is valid and thinking about what has happened in the past is a worthwhile embellishment of what might occur in the future.
I believe we ignore the past at our peril. It might just be worth considering whether we can learn from earlier mistakes/misunderstandings.
Maybe others might like to see whether they feel there is anything to be learned from the past or whether it is a pointless occupation.
Sometimes history is what shows us the way forward. surely we all want to learn from what others might have survived in the past? Or maybe not.

I'm not certain that Dracula's point is irrelevant. It certainly makes me feel happier that they have (turned up) and that the SharePrice is not around the low single pennies that it probably would have been had Vulpes and Redmile not invested.
I think he makes a good point actually.
If anyone disagrees could they just tell me why they think as they do, because it seems to me that this is a massive clue as to the partisan nature of the LSE Scancell BB.
Just a thought, but it might be interesting to follow it through. If not, fair enough.
AIMO

GF123
Fair enough, it must be the authoratitive way in which you write that made me think you were more in "the know" than anyone else!
I won't complicate things by suggesting another day because I don't know either! LOL
Thanks for coming back on that.

GF123
What is it that makes you "guess" at Friday for news?
Is your guess any more valid than someone suggesting Tuesday week as the time to hear.
If there is nothing more than "Guess" why bother to post as it doesn't really add anything.
If you have information that makes you say Friday then perhaps that would be worth imparting.
Otherwise the suggestion of Friday seems strange to say if you have no further information.
If however you say that you have information and no news drops Friday it devalues your future predictions so I can only assume you have an impeccable source.
Anyway would you care to embellish?
AIMO

Should have added that Redmile do have a great many shares available to them so having Scancell as a small but "known of" share in US Biotech circles might possibly be helpful within the next sixteen months or so ....

RayPointer
Not sure it is a step towards a Nasdaq listing, BUT it might be a means to get SCLP traded in the US and get the name out and about. I'll be more interested if the trades resulting are reported as XOFF on the LSE trades listing. That might be very interesting if there is any appetite in US.
All complete conjecture and AIMO

TF
Enjoy your beer. Glad all went well. :-)

I'm not a great football fan but to see that Erikson is now reportedly stable and the generous decision to let the match continue concluded a rather better day for Eurpoean football than was the case of the announcement in April. It seems to me that the people on the ground who attended Erikson derserve a great deal of credit.

Roses,
Yes, see your logic, but have to say simply, "Don't know".
Weather looks good though so have a great weekend!

Roses,
if you (as a MM) knew that there was stock due to come out into the market if demand required it, and equally that there would be a buyer below the market should price weakness be seen if it were me I would want to keep an even balance. Thus the interest would be killed until I could determine that there was demand/supply which would significantly support my next price move. Then I would expect to see a trend develop from buyers or sellers into which I could sell or buy to create a profitable book. MMs would then price accordingly. Until a decisive direction can be expected boring seems to fit the bill pretty well. News is an obvious catalyst.
Anyway can't think of much more to add so Monday seems like a good day to check the levels again.
Wish i could help, but I think we are all hostage to the (becalmed) market.
Bit like the old adage, Buy,Sell, Do nothing. Which is the hardest to do?
AIMO

Roses
I sense your frustration and understand where you are coming from.
I must be getting old, but then if I wanted to buy today I can understand your points. :-)
As it is the weekend is almost here, and I think the weather is due to be OK!
Hope so.

There will be a level at which buys can take place although not necessarily on auto.
If I really wanted to get shares today I'd have a word with my trading platform dealers and see what could be done. There will be a level (although maybe not where we would want it).
I see we now have a bid which is in good size so someone's got something going.
Have you been sniffing aound at this lower level Roses? LOL
Anyway hope you can get what you want to buy, and hope everyone has a good weekend. :-)
AIMO

Roses
Given the tight range in which the Scancell market's been kept over the last few months/weeks and also the convenient support and and release of shares when things get a bit overheated, surely a quiet, orderly (and boring) market is exactly what the doctors ordered?
Makes complete sense to me, and is probably much better for LTH than a *****'s drawers situation every day.
No good for trading , but there's plenty of other shares that can be used for that.
I see Scancell now as an Investment (and have done since Redmile's arrival).
To me if that's what they (the MMs) wanted to achieve they're doing a blinding job.
AIMO

Glad you're happy, I didn't think it was a problem, so that's great!

I am sorry if the exchange we had the other day was taken the wrong by you as Chelsea 7 has posted to me that,

"if you do need to disect every word of what somebody posts, like with smpunter selling his 100k it again takes out of context who he ws replying too, why and not for a second did I see it as boastig he had made a winning trade."

I would like to say that in no way was my intention to suggest you were boasting about a trade. I thought our exchanges were about the mechanics of the 100K vs. 50K trades and the fill you received. In other words we (I thought) were talking about the filling of larger orders.
If I have upset you or in any way suggested you were boasting that was categorically NOT my intention and I apologise if that is how it came across.
Sorry for any offence caused.

Chelsea7
I can see now where we differ.
You said that you took out GBP12K on your 250K holding.
Sorry, I mistook it for you thinking that you had made GBP12K when you sold the 50K lot at 27.7p
I think now that when you were saying that you had made the realised profit on the one 50K sale (which was actually GBP7,350) you must have meant that your holding made you GBP12K including range trading profits it means that my figure last night was incorrect. So with the new information from you I should have added another GBP4,650 (range trading realised) onto the figure I quoted as realised profits making your full total to GBP 32, 025 which when reducing that figure by GBP 850 (the fact the you have now stated you sold your 50K tranche at 26p rather than 27.7p) brings the cumulative realised and unrealised profts back to a little over GBP31,000.
There is still a gap (GBP5K but not too much) so again well done, and we all hope that these are simply the start of the benefits for Long Term Holders.
As you say Chelsea, the investments we all hold are relative to our own estimation of what is acceptable to us.
I do wonder whether posting our specific profits and losses is quite the thing to do as it can create friction. It's great when we are all seeing the Share Price go up, but many have had to live with losses for a long time. Posting an average is OK (if people must) but when a particularly good range trader (such as yourself) has demonstrated by sharing your specific successes with the BB, maybe not putting the Exact Figures on the BB would be a good idea as it is difficult for some to have to see how well you have done when maybe they themselves have got it all wrong.
Certainly share your successes in a general way rather tempting others into maybe embellishing their trade profits a little. The last thing that is needed here surely is posters claiming profits day after day. From what I've read that can really generate spats which the less charitably minded might call pointless "willy waving" which can only annoy some and create problems when we should be feeling good about Share Price rises.
I will not bore you with any small successes I have made because I tend to keep them to myself as many would not believe what I write and it would only engender problems.
If I did write about my positions and successes from them I would have to expect posts being put up challenging my claims and that is not helping anyone. We all know inside how good (or bad) we are at Investment management. Maybe not telling everyone the exact numbers when we have made a good trade will help those (such as myself) who are not as good at it live with their inability to get it right most (if not all) of the time.
Chelsea7, thanks for reading my thoughts and taking them in a positive way.
I do not know whether I am speaking out of line, but I wanted to make the point particularly as we are all hopefully heading towards the time for taking profits more regularly!