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Whereas I can understand the belly aching over losses it seems to me based on the number of people posting at the moment that there are a lot of people who have purchased shares in Val with a weak understanding of the company, the number of people in the trial and how to value the sp. As such it seems that those same people were unable to evaluate the claims of what the SP was likely to be when the update was released. Its a shame but it is always much better to do your research and form your own opinion rather than relying on the posts on here alone.

A few weeks ago I was reading posts about what a friendly bb this was.
All it has taken is for expectations to be dashed for you all to turn into savages!
Nothing has Fundimentally changed why not take the rest of the day off and let the dust settle?

As much as I want this to go back up and a little frustrated by the nonsense being posted on here today.
I don't think this is going to go down much furher so if you are looking for an entry ponit here it is.
As for leeks about JVs, please just belt up!
Either way things will get back on an even footing sooner if the nonsence stops sooner.

Eyeguy, 25% up sounds excessive, but a 40p (ish) sounds about right to me as I think this has been oversold and there was news of substance yesterday, so this could be a big bounce today.
I did notice the big value buys and sells. Not too fussed by the sales as they were quickly absorbed by the buyers.
More important is fact that there were big value buys which means that the big boys haven't sold out and are running for cover, rather they are taking advantage of the dip.
If they buys had all been tiny I would have been worried (smaller timers calling it wrong and compounding the error) but this isn't the case. Gla

I found this article this morning
https://pharmaphorum.com/news/valirx-eyes-partnerships-as-first-val201-study-hits-the-mark/
Most others have posted it, but it is good to see that the results have attracted some media attention.
Looking forward to a better day today. Gla

Grace, just found your message! It was buried!
Nice to read a calm(ish) post. I did enjoy the final remarks.
Plenty of frustrated people today, hopefully tomorrow things will a bit quieter after everyone has had the chance to sleep on it.
Onwards and upwards!

Agreed, that a bounce tomorrow is likely.
Why did it drop? Because it was being ramped on the promise of imminent important news.
The news did not live up to expectation, the important news is due q4.
FOMO is the curse of AIM.

I think a bounce tomorrow is on the cards, how high I don't know (we won't be at 60p though)
Good see a load of big value buys at the end of the day, yes I did see the big sell too.
The important thing is that the big buys mean that the serious buyers are still in the game and it isn't just small timers soaking up the shares averaging down.

Wow glad I sold half last week!
I am loss making on the remainder now, but not too worried
In terms of volume this is on par with many days last week and like many days last week buyers and sellers in pretty equal. value.
The only concern for me is the value of the transactions i.e. are the big boys selling large and the buys coming from a swarm if little punters averaging down.
More angry with the likes of saint-tropez who I hope will have the good sence not to post here for a while. Although I was not taken in by his nonsence I get very angry at the thought that others might have been.
Looking forward to a better tomorrow.

The drop today is not really an issue. The RNS indicated more news of substance to come in q4.
Sure the sp may drift for a couple of months, but I suspect those out of pocket today will be fine in a couple of months time.
I suspect today might be an overreaction and there will be a little bounce tomorrow.
Hopefully this will stabilise somewhere between 50 and 55p by the end of the week.

The results still look pretty good as far as I can see. The only negative health effects of note seem to be vascular in nature and as such it should be possible to adress those side effects.
I did not expect a drop today and I think it has in some way been influenced by ftse shares doing well today. We seem to do well when they do not.
The other influence is self inflicted, I note saint-tropez has been a bit sedate today.

Definately good news, but not sure its going to 10 bag today.
It seems the more significant update is coming in q4 2020.
Really pleased with the results, I would expect the sp to continue rising.
Don't see any reason to expect a drop on the back of that news so I am just going to sit back and see what happens. You probably won't hear from me again before midday! Gla

Surely add 3 inches?

I know your pain Raf06, I was 99.9% down.
There was no way I was averaging down in 2019 as the shares were confitti and the directors not buying.
If I brought more at the last consolidation when the shares were 3.7p I would have got back all my losses and made money too, but I had been burnt too many times by VAL and assumed that first rise back in Feb/Mar was just a P&d.
However as things settled down VAL started to look more credible and I put in more cash and it has paid off if only to the extend I have clawed back some of my loss.
I will never be complacent with VAL or AIM in general, but the rise in VAL from 3.7p to now over the time it has taken to get to that level means that it is not a simple p&d.
I wouldn't recommend buying in or averaging down at these levels, but there is a good pipeline of updates to come and things have changed somewhat with change at the top.

Sorry Stumbler. When this reaches £1000 I will buy a whole road of houses and knock them through to make my own Palace. I will then laugh at the poor people as I add to the housing crisis!

If this reaches £100 I could by a house with the profits!

Just looked on yahoo, they show 10% down too, pretty damn certain it didn't show that at 5pm when I last looked! As far as I am aware the lse figure above is correct and what I remember that's what yahoo showed on Friday.
I wouldn't worry, I wouldn't trade in the first half hour, almost certain to be in auction and it's unwise to panic buy or sell.
It's not certain that a RNS will land at 7 am Monday, but if it does worrying if its 4.6 or 10% down will be irrelevant.

Sensible advice Baxsterssoup. As I said earlier I derisked (or potentially handicapped myself) and as soon as I did I switched off and only looked again at 4ish.
Nothing happening till Monday when it will go up, go down, or remain at a level as such I don't see much ponit to look in on Monday (as far as I am concerned ) untill midday when the shape of day is becoming apparent.
No RNS, then the next day and the next will be the same untill the results are in.
Enjoy the weekend all and relax no ponit worrying about VAL over the weekend.

Today is definaly hard to interpret, same sort of volume as the 3 proceeding days, more or less equal numbers of buying and selling, but the wicks on the candles have been getting longer and today a dip.
I would say that there have those who took profits whilst they had them and what's left are those willing to gamble on a furher significant rise next week.
I have a foot in both camps, I sold half my holding today, very well could have handicapped my chances of recouping losses, but I feel good for having derisked a little.
Both Bown and Slater have derisked, but as they both have keep the majority of thier holdings I think there is still fair reason to belive they are confident of further gains and there is no reason to read much into them derisking.

Cheeky, the site stopped showing trades after 15:30 yesterday. Not sure why, I don't belive for a second that there were no trades after 15:30 yesterday or 16:00 today. I wouldn't think it indicates anything. I am sure there will be someone around who uses L2 who could confirm.