It alright people constantly saying that a drop in the the sp is an ideal time to buy some more but there are PI's on here who, in good faith, have made their one-off investment and don't have the means to top-up. They must feel totally shafted by what is happening at BMN.
It was so tempting to panic sell this morning and suffer the losses, especially on a day when my major investment, Lloyds, also went south after the Barclays profits announcement but I held fast and hopefully this will now settle down and slowly start to rise again.
I bought in at 119p on the 21/1 following a recommendation and I am loving what is going on here at the moment. The future looks very good and a report published today on the BioSpace website states:- "buprenorphine segment accounted for the maximum share of the global opioid use disorder market in 2018. The segment is expected to dominate the global market from 2019 to 2027, due to increasing demand for buprenorphine-containing products such as bunavail, sublocade, suboxone, and zubsolv. Suboxone is the most widely prescribed drug for treatment of opioid use disorder, due to its high efficacy in managing opioid addiction, low adverse effect, and its favorable formulary coverage."https://www.biospace.com/article/opioid-use-disorder-market-buprenorphine-drugs-to-witness-high-demand/
RE: Proactive interview last week13 Feb 2021 15:11
Hurrah, a post that has some logic ! It would be nice if posts starting with:- I think ..... This will ..... By Friday this is going to ..... 10p by ...... occasionally had a further line explaining their reasoning rather than just making some meaningless statement. Purchasing expensive cars with the sp at 1.7p is still a long way off. I hope it happens but discussing it now is ridiculous.
There have been over 3m new purchases this week (plus a few million last week) and one would think that all those purchasers will be fully aware of the need to vote, so we can probably count on those numbers too.
@Wolves12345. This is not an attempt to de-ramp, why would I want to do that when I still hold well into 6 figures of shares. I did the homework and believed the hype in early January, buying in at a higher sp than it is now so I have a right to show a little concern, as do a few others who have commented on here lately.
I'm fearful and don't understand that this will go up...... please explain.
If the vote goes the wrong way, I could be sitting on a few grands worth of unsaleable stock. Despite being in the red, the words of the great Clash song come to mind, "should I stay or should I go now." The coin is spinning.
RE: HOLD TIGHT THIS WILL EVENTUALLY FLY6 Feb 2021 23:36
I believe PAT will prove to be very profitable eventually, based upon my own studies and the information that some good researchers have posted on this forum over recent weeks but the constant stalling of the court case is creating uncertainty with some investors. If you believe all you read on here, the sp would have been 50p+ a few weeks ago and it is those who believe this kind of ridiculous hype who are becoming impatient . IMHO this will have an adverse effect upon the sp for a short period hence I took the gamble to offload at the end of this last week. From a purely selfish point of view, I want it to drop before I buy in again. GLA all, it will come good but all in good time.
I’ve sold out at 23.5 with a loss in the hope that I can buy in again cheaper. Time will tell if I’ve made the correct decision but the India court saga is beyond a joke.
I sometimes wonder whether I'm paying too much with HL but then I read things about so called cheaper companies charging £20-£24 to vote at an EGM/AGM along with some occasional other little add-ons and I'm happy to stay where I am.
Well, it's Friday again..... will the Bhukia court case finally be resolved after successive weeks of false dawns and downturns in the sp ? Hoping for some good news but won't be at all surprised if we are kept waiting again.
I sold out at 1315p on the 29th Jan with a gamble of buying back in at around 1180p after Q4 results. Whether It was a good move I will soon find out but it will defo pull back in the coming weeks.
Someone posted a while ago that 27% voted at the last AGM therefore an additional 7% were required which equates to 33m so still a long way off. Let us hope that the majority of share holders are aware of the issue at hand and vote accordingly.
Are statements from Indian officials being misinterpreted or is the communication regarding Bhukia non-existent because the chances of a successful outcome are likewise ? Judging by the fall in the sp, the majority think the latter. There are so many positives about the future of this company being bandied around that one would expect there to be more confidence in PAT than is evident at present.