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Personally I am glad glad glad to see a nice calm day. The manic movements might have come to an end and we can get back to business as usual and a little stability. Gla for next week

Would be nice if that came true
Bit of a kick in the teeth today, but also an opportunity if investors still have confidence.
Not sure if this is a good time for instructions to drive that uplift to double bag.
Tomorrow will be interesting, most likely a bounce, but best stay cool to next week when things settle down

Am not saying anyone is wrong, only that I am quite confused. If the link I posted earlier is wrong why is the twitter account TheoremRX? I admit this could all be a case of confused identity and I am sure a clear picture will emerge in time. Just a bit annoyed I can't find any useful information at the moment.

https://theorem-rx.com/
Well OK I can see why people would say this is a one man band, there is only one director.
Unfortunately I just can't find anything like companies House to view accounts to get a better picture of the company.
Maybe the reason for the drop is that everyone was expecting more than this??
Not sure what to expect tomorrow, just wait and see I guess

Well got to admit I don't know what to make of this. The RNS came out at 7 and the price went up and then it came crashing down. Monumental rise and fall on the same news. How can that be?
From a trading point of view I would have said getting out at the 20 DMA and buying backing in close to the 50DMA would be a good move, but the price has moved so far so fast I am inclined to think anyone thinking about a crafty trade has missed their chance as I don't see how this can't be considered a massive overreaction. Odds are given this erratic movement that this will have a bounce tomorrow .

Well I would say, based on previous patterns that tomorrow will be another down.
That said it will either be a short candlestick indicating an over sold position, or it will be another double digit drop. But I would say it is enveitable that we will reach an oversold position sooner rather than later. I am not overly concerned at the prospect of another drop tomorrow as we know what news is comming.

Seems a bit heated in here today.
Not going to pretend that today is good its not.
That said this pattern is not one we haven't seen before. Just compare 17 and 18 September and then how that was followed by an even bigger rise.
How much lower will this go? All the way down to 20? Even if that happened it would not be a bad thing. We already know that a deal is in the offing, the price isn't being kept high with the news of a deal priced in, so when the news finally breaks there is good reason to belive the price will go up when the news breaks. Iff it really did go down to 20p its just an opportunity to top up /Ave down and enjoy the benefit when the news breaks.

TY, OB. That link didn't work for me either, but the one ac accessed on ValiRx's website works no prob.

https://www.valirx.com/news/investor-update-presentation
Found the video on the valirx website :)

I would like to see the presentation, but when I click on the link it says I don't have permission to view.
I am going to look and see if I can view it on ValiRx's own website, but if its not there to view can anyone suggest a way I can view it?

Definately been an epic couple of days. Really pleased how things have panned out.
Big jumps like today can't be the norm, but as news looms there is going to be a driver for (dare I say it) a re rate.
If tomorrow is quiet I don't think it's bad thing, just finding a level (hopefully) before the next leg up

Defiant-one, yes I guess a deal could be any day now, but if they said before Christmas, it will be a month off at least looking at the charts the last time we had the 50dma crossing over the 200dma like this was early September 2020. Based on what happened then and the simular candlestick pattern I think we might have a small rise or a small dip tomorrow followed by a levelling off. The exciting thing is that that towards the end of September it really took off! Charts can't predict the future, but I think if things cool off a bit tomorrow it's far from over. Not sure if this is the time to buy more, but it's definately a time to hold.

Defiant-one.. I hope so, but I got to admit as I read your message, you could read it with the exact opposite meaning lol. "Not in a million years " hehe. I am sure you are sincere in your meaning, but it did give me a little chuckle.

Yesterday was a good day and anyone buying in now is probably going to do well . But if you are a newbie this is a highly speculative stock, so don't go crazy and bet your shirt on it. A good rule of thumb is to invest no more than 3% of your portfolio in a speculative stock. Fingers crossed for another good day today.

So this was looking like a pretty dull day, finger crossed that it would be another day we stay above the 200dma and then...... Prediction is clearly difficult. Especially about the future lol

Good to hear :) Time for me to get back to work, but as far as VAL goes this is time to put my feet up, wait and relax. Looking forward to next week already :)

Rb, let's hope so. Funny though why more has been sold than brought.
Generally I recommend not buying in because of FOMO, but if news is immenent, its odd to see more sold than brought. Under the circumstances if someone holds VAL shares I see little reason to offload, especially on a Friday with news on the horizon.
I never thought I would ever say it, but..... I wouldn't want to be out of this over the weekend!

Looking good again today. Spread still a tad wide, but the gain is much larger than the spread so the gain is quite genuine.
Also meaningful difference between buys and sells.
Looking like a soild week's performance.

Yup spread is not great, but it's not the bad old days with 20 % spread common.
Might be a bit off putting for the speculator, but increasing the spread does have the unexpected effect of pushing up the sp, adding VAL to the list of risers ,which might make VAL look a little more attractive.

Looking good again today (not counting chicks not withstanding). Nice of we can stay at this level and maintain it, although as a minimum I would want us to stay above the 200dma for few weeks so that people have the confidence this isn't going to drift back down. Relentlessly onwards and upwards please!