RE: H1 Trading Update6 Jul 2021 13:46
Yeah yeah....many of you have been ****ging me off since I said on here that the £10 level was critical and that if it was broken the share price would fall heavily. As I say, the smart money has long since left the testing stocks.
NCYT has already issued one major profit warning but you would not know it reading this message board. The rampers and the desperate bang on about how "cheap" it is and have done so since over £12. Most of them are hoping for a lucky spike so that they can get out breakeven ....and a few are honest enough to admit it. Maybe we might see £5 by some miracle and they can pile out. Not just NCYT....GDR is far worse. No one is buying this stock; no one is going to take over this stock at a time when the UK for one has container loads of tests that are not needed or used.
The reality is that most of the holders of these testing stocks are losing between 50% to 80% and need a miracle to get their money back. The big money was made last year and the rampers and shorters pushed the stock on to the mug punters at mad and crazy prices. The rampers from a year ago on here....mostly long gone.
We all know this even though people hate to admit it. They hate to admit they were the ones the stock was dumped on....and anyone who points out the reality of the situation "does not understand". Meanwhile the price is not £12 or £10 or £7. It is a weak £3.28p.