Sell, Buy or Hold.4 Aug 2018 12:09
Friday was a very interesting day with this stock after some excellent rises. I was expecting some retrace as investors took some well earned profit, top sliced or sold after fast recent gains.
Indeed we would expect some profit taking after each good rise as is normal with all stocks. This would then normally dry up after a day or two as those shares are transferred to those investors or institutions who are looking to make further gains.
On Friday we saw high volumes as the selling did take place, however it was also matched with continued heavy buying, which caused the price to actually finish up on the day.
In addition we saw no sign of institutional or large holders selling, indicating that in their opinion true market value has not yet been attained.
So this indicates that further buying is on the cards, and with those sells drying up.stock will be further squeezed as the MM's scrabble to find stock to sell. Last weeks attempted shakes got bought into heavily, so prices will have to be raised again in order to tempt sellers.
We are hearing excellent things from the company with ongoing talks to break into the USA pharma route, coupled with future nasdaq listing. We are also due more deal announcements.
Some of the latest news surprisingly concerns slimbione, where it seems they have been swamped with interest at the latest USA exhibition, this was not inquisitive Joe Public, but major players in the food industry. This is around the additional beneficial properties that slimbione has found to possess, and as a user myself, I can also testify its true, that you feel less hungry and then crave less fatty food afterwards ...this is totally unique, and off the charts.
I'm certainly very overweight with this stock but i'm loosing Ibs and gaining £'s, and feeling one hell of a lot better to boot.
Now we are in sky blue territory I question how far can this stock go, as I rate it clearly my no:1, no where near yet in price performance, but top notch in potential with 4 of our 19 deals now producing our products and with seed almost running out due to demand, and having to quickly re order more product.
Certainly I can see this 3-4 quid withing 2-3 years, and over double that within another year..this will be on profits because our our very unique business model and very low costs, based on arm, which got taken out at 1500.
So I'm posting current hold, as i've already bought..but still lots of money to be made.
As Always DYOR and the best of luck.
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