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In my opinion this is the next dotcom. Eventually it will be saturated and overdone, however this is the first few weeks of it. Mention cbd and you can’t go wrong. The people managing Cellular Goods know it and they are ahead of the curve. They will already have access to magazine articles and news items ready to build this product up. In tough times people treat themselves with cosmetics. This company, in my opinion, is a certainty to go over £1. There will be RNS already written and timed to be released strategically to match news releases. It sounds a bit staged but if you are in early you should profit.

According to the chart on this website there were over 50 million traded in the uk today. This makes the US volume of about 1% of this totally insignificant and irrelevant. The volume traded recently when it peaked was about 8 times higher still. It’s very easy to be frightened thinking that your savings are evaporating. In reality you still hold the same number of shares. If you wait a reasonable time for your investment to grow then you can hopefully pass on your knowledge to future new investors.

This is a bit of information for new investors who could be worried about the share price movement of this stock. In the US this share has gone down today, however it’s a relatively small amount of trades relative to the uk. At the moment in the US the volume traded is just over 1/2 a million. Today in the UK the volume was multiple times higher (look at volume to see for yourself how many times higher).

What is most encouraging about this share is the volume traded since it passed its peak of 9p. If the volume traded is low as it falls in price this suggests that people are holding on and reluctant to sell. This bodes well for the future.

https://www.thebalance.com/day-trading-based-on-buying-volume-and-selling-volume-1031209

I don’t think US will finish at 6p. It’s clear that the price in America is totally unrelated to the product. It’s going pear shaped over there because the Nasdaq is down. How cute.

The market for CBD-based products is expected to grow rapidly as cannabinoids gain wider consumer acceptance, the regulatory environment undergoes gradual change, and a rapidly growing number of scientific papers validate their potential benefits. The US market for CBD sales is expected to exceed $20 billion by 2024, according to BDS Analytics and Arcview Market Research.

It is difficult to comprehend the potential value. As a person with epilepsy I used to receive ‘epilim’ free from the NHS. In 2004 I moved to live in Australia for 2 years. When I had my first GP appointment he said ‘you won’t be receiving epilim here, it costs $600 a packet. He gave me a generic brand. Don’t know why the NHS didn’t take this approach, must be a dodgy deal with the pharmaceutical company somewhere. Anyway, these costs are due to the R&D involved. The potential for MGC is massive.

I did a bit of research last night. This company really is in the early stages of development:
https://www.google.com/search?q=mxc+pharma+units&rlz=1C9BKJA_enGB839GB839&hl=en-GB&prmd=nsiv&source=lnms&tbm=isch&sa=X&ved=2ahUKEwi9jL3g44TvAhUCZMAKHUOIBrgQ_AUoA3oECAMQAw&biw=1024&bih=653&dpr=2#imgrc=WaC_q3Ij-ERtbM
Might have to copy paste this link. It’s nothing new, just shows how they are making steady progress.

I also researched brain tumour treatment. Sadly for those with glioblastoma less than 5% survive. Despite all the treatment available almost none of it is successful. MGC are trying a new method. If you research glioblastoma cannibinoid then a significant number of hits are for MGC.

Last night a research paper from British Cancer https://www.nature.com/articles/s41416-021-01265-5 looks at the potential of using cannabinoids. It’s a lengthy document with an unbiased view. The summary is very, very encouraging.

The next RNS is due next Weds. I’m confident it will have good news regarding the future. I only expect the sp to decline until the end of this week and then pick up on Monday in anticipation of the announcement. However, trying to pick the time of its rise is like ‘predicting’ when a die will land on a 6. I had difficulty buying at 7p. When this does start to take off I think shares in it will be very difficult to attain.

The reason for my lengthy post is showing that the move to LSE has taken 18 months. This is the first few days of the next growth phase. Of course it could easily drop to 4p in a few days but surely that’s irrelevant. Look at Amazon, Tesla, apple on google finance and put in max for the timescale. I’m not suggesting for one minute this will be as big, Howe it has the potential to increase substantially in a long time (1 to 5 years).

Roby Zomer, Managing Director and CEO of MGC Pharma commented: “We are delighted to be celebrating MGC Pharma’s London Stock Exchange listing today, a pivotal moment in the Company’s journey. We are very proud that following the significant progress and achievements of our company to date, we will be the first medicinal cannabis company to list on London Stock Exchange's Main Market, something we have been working towards for over 18 months, realising our strategic ambition to be closer to our operations in Europe with greater access to key UK and European strategic funds and investors.”

“We are already seeing the benefits of this decision, with the strong show of support from a number of leading UK institutional funds, family offices and sophisticated investors for the Placing. The funds will primarily be used to support the Company’s growth ambitions and key clinical research programs for our leading products, as we continue to expand our manufacturing capabilities, fast track our key clinical trials, increase our product range, and expand into new and existing key markets.

“We would like to thank London Stock Exchange for its warm welcome, and our employees and shareholders who have enabled us to get to this point in our growth. We look forward to their continued support as we commence the next phase of our growth strategy.”

This is what you are encouraged to do. If you are tight for money you could sell because you think you’re about to lose your savings. The reason why 1% have 99% of the wealth is because poor people bottle it, they lack confidence. Instead I implore you to hold your stock. The price may go down Monday am. Ignore this. Let it fall. Stay strong. Wait for 100p before you sell.

I buy on iWeb. Might take a few attempts but eventually get through. I have epilepsy and am grateful for companies trying to find medication that can help. A few weeks ago I was looking for a product I could buy on Amazon. I am willing to pay for a product. I was particularly looking for cbd based items. I didn’t find anything i was prepared to put into my body. Since then I’ve read the details related to this company. I genuinely think they have a good long term future. I just hope they don’t sell out too quickly to a big pharmaceutical company.

The price on google is incorrect. Go to London stock exchange to see trades, download all of them if you want. The price on this site is correct. Google is taking a price from earlier in the day, a large trade that wasn’t completed until later. For newbies, my advice is to ignore these large swings and go for a longer term view. If you sell, without warning an rns will appear at 7 am one morning. By then you will have missed the boat. Have to be in it to win it.

When there are more people who want to buy than sell the price will increase and vice versa. I would expect most people who are interested in buying shares will now be familiar with the recent entrants who have made a good start. Some will be waiting for them to crash and then feel reassured they didn’t buy. Others will be kicking themselves that they are not already in it. Is this the next
‘Big thing’ a bit like Bitcoin was in its initial phase or is it a flash in the pan. I own and am therefore optimistic. I have read the RNS carefully. What I’m most assured by is the suggestion that they have mote news to come. For these reasons it has legs and could easily increase by a considerable amount in my opinion.

If you go onto LSE and download trades you will see a relatively large trade for 200000 at the google price of 6.56. This took some time to fill and was completed after hours. You can ignore this price. It is 7.43 as correctly shown on London Stock Exchange.

There are a lot of newbies on here. My advice if you own is ignore daily fluctuations. This company has more news to offer in the future. The price will fluctuate wildly on speculation but ignore these prices and wait for a few months to see what happens longer term.

I’ve made a reasonable profit in 2020 from pubs and miners. I’ve cashed in and put it all in U and I. Richard Upton’s confidence in its future is my main reason. I visited Tunbridge Wells last year and am originally from the North West. These areas look perfect for investment. His clearance strategy is, in my opinion, a good strategy to for any new manager. Let’s sit back and watch.

I’m really undecided what to do ? I own £40k of shares. If I buy more then these are diluted. However, if I do nothing and others don’t the share price will go up by a third. I think I’ll do nothing and have an instant 33% increase. Not a difficult decision...

On Thursday evening I looked into placings of a similar nature to this that have happened previously with other shares. They indicated that the sp would move to about 370. I was reassured when it did. On all the companies I looked at in the past this was the lowest point from which it returns to the prior to placing price within a relatively short time. Friday was an opportunity to buy some shares at a lower price than the 400p that the big investors are purchasing them at.

I expect the inside sellers saw an opportunity to release some cash at a good price.

The question I don’t have an answer to and would like to know, ‘who has bought them?’ Is it perhaps HL or Plus?

Brilliant film, hilarious

They don’t have a proven vaccine yet. I’m trying to point out that the article referred to in the 14.45 post from the Telegraph is portraying positive results in a negative manner. The drugs they are testing have managed to restrict pneumonia from developing, which is potentially a life saver.

Here’s some comments about the telegraph article:

I’ve just read the actual study.

It looks like this 'newspaper' has actually spun a positive trial to be a negative result.

Disgraceful

"Here, we showed that a single vaccination with ChAdOx1 nCoV-19 is effective in preventing damage to the lungs upon high dose challenge with SARS-CoV-2. Similarly a recent study showed that a triple vaccination regime of a high dose of whole inactivated SARS-CoV-2 protected rhesus macaques from SARS-CoV-2 pneumonia"

https://www.biorxiv.org/content/10.1101/2020.05.13.093195v1.full
I read it too...the vaccine works. That Forbes article is by a hurt American who cant accept being 2nd best at something