After yesterday, I wondered how much impact do these chat boards have on the sp.
VAL would have gone up following align tweet in afternoon in ideal situation as lots of PI were waiting for something..
Another holding of mine GGP had a positive RNS mid morning following one on Thursday that saw around 60% rise, but that also finished in red.
True Uncanny Align will not post anything we don't know, but their assurance will clear the air for lot of PIs who were confused and bashing the board.
I was not one of them as I understand pharma deals can take forever and always posted that. Deal will come one day as VAL401 is not going anywhere and there is no risk anymore as P2 results are out. VAL have mentioned previously that they won't start phase III by themselves..
After yesterday, I wondered how much impact do these chat boards have on the sp.
VAL would have gone up following align tweet in afternoon in ideal situation as lots of PI were waiting for something..
Another holding of mine GGP had a positive RNS mid morning following one on Thursday that saw around 60% rise, but that also finished in red.
It shows lot of people use the BB for news and get influenced by chats on these BB IMO. Hopefully Monday will wake people up for the rise..
Align research Tweet following meeting with VAL on Friday:
Pleased to relay positive meet with Valirx #VAL this morn that increased our confidence in commerciality prospects materially. Full update for Mon morn,
Am I correct in saying that MCAP of ABM is lower than the price of their holdings of MTBF and POLX? I do understand they have loan to pay but it is still not right.
Please correct me if I am wrong..
RE: the tweeter (or twit) who claimed20 Jun 2018 19:25
Lots of rumours on twitter.. It is just a guess creating excitment...
If I knew about the news, I would be buying all out rather than tweeting it to make it public.. ;)
Obelix - they need the deal and the buyer does the rest of it Including filing for phase 3. Probably gets a different name to the compound too..
In case of VAL, they have multiple targets using the same drug, so deal could be for XYZ indication for VAL401 and then when more data comes from other indication then that can be added or sold separately. There is also likelihood for selling of VAL401 as a drug for all indications but that would of course increase the value of the deal.
Like most investors, I am very excited to see how much the deal is worth as it could be fortune changing not just for VAL but also quite a few investors like me.
Lak - ofcourse no one can predict the sp, Not even directors of FARN and all investors know that.. I am different to ramper in a way that I am saying those numbers based on facts and the info available in public domain which i have said in detail previously.
Again its my opinions just like everyone else have theirs so I dont see whats wrong with that.
These BB are to share our opinions rights? And if predicting a sp as my opinion labels me as ramper or deramper then so be it.. Does it make a difference to me? NO..
I suppose when you invest into something you have a target price in mind without the crystall ball assuring that, which is what I am saying.
Lakshmi - what I went by saying very close to zero is in terms on where this was to begin with.. 850p to 40p is almost zero to me.. 95% loss..
Max - I dont have a crystall ball but some common sense to predict using info available in public domain. I could have made a fortune of this but I dont short..