Member Info for Bluelight

Not to bang on about takeovers again. But lets look at the numbers, estimated c £100-150m in cash, mcap of £230m... Im not a forensic accountant, but even the most pessimistic of peers must be looking at this and licking their lips.

Wishful thinking on this board lately, as we now seem to be infested with people who feel the need to distract and by said actions discourage interest. It's saying something when I'd rather read the garbage that is twitter than this board, pathetic.

Don't see that on reuters exmex, blackrock holdings look pretty unchanged. They do have multiple portfolios though, sure you aren't just looking at 1 of them? A couple have 0.99%

It's clear to me the price is being held at this level by market makers, french ones it seems to me. They control it all day at a 1% range, then dip it down on a uncrossing trade so uk opens up negative the next, to keep sentiment negative. Only reason I can think why is that they are trying to fill buy orders but there's no volume on offer. Frankly though they've made the price so cheap it is meaningless even contemplating selling, hence why volume has dried up. Any nervous Nellie's are long gone. Also why I think shorts will mostly be gone, no volume to drive it lower, and no volatility, nasty setup for a short position that.

They've had the option since March so if they were selling it would have been done at higher prices. Why hold 3 months watch the price drop to 350 and sell? Simple answer from me, no I don't think its anything to do with vatel, for me they've sold that already or hold long-term, it's just **** sentiment.

Frankly I'd be surprised if the shorts are still around in any significance. Volume is non existant and price is flat as a pancake. It is a classic signal of a bottom. All we need now is the upward catalyst and we are away.

Frankly I'd demand payment I'm advance next time, no messing about

Jesus 5300 positive cases today, escalating very fast.

It's relentless, for the last 6m from 8:30 to 4:30pm everyday, grind it down. When are they going to finish messing about and let it recover at least a little, is 75% not enough of a bloodbath gees.

What is it with France and these manipulated uncrossing trades. Sooner we leave that dog of a market bourse the sooner we can realise our true value. Nova, get it all in the UK or better still the US. Pig sick of the French price action lately.

Maybe its just me but we seem to be cornering the market on private PCR testing. We are everywhere, and have the best most flexible tests. Maybe I'm talking my own book, but honestly with cases rising rapidly again, pcr testing now the norm and private demand rapidly increasing the future sales must look excellent. The share price is insanely low right now, but wont be forever, for those not invested I'd suggest now is the time to be getting in because I can see very little downside here fundamentally.

The issue is its a report from 21st May., its already known, it's been in the main news for weeks. Anyway, this discussion is going nowehere, I'm tapping out and focusing on other things than chatroom education. I expect we'll get our rally this afternoon back to the mornings highs, we usually see it in the afternoon session, c3pm. Anyway I'm off for a while.

Personally I am a big believer in pschological trading signals. General rule is when everyone is hyper bullish, it can only ever go up etc, then its topping out. Conversely when people start poping up with doom and gloom, posting old stories to try to facilitate a negative environment, and worst of all posting downright misinformation, then prices have bottomed. Its people trying desperately to eek out the last profit on their long/short positions. What I have seen this last week is definitely a sign for me the the price is losing downward momentum.

Nothing whatsoever, which is why frankly it gets a bit embarresing when people try to start arguments or post negative old stories to try to impact sentiment. All it does is irritate, which is probably the point from most of those posters. Still people will continue to do it for whatever reasons they have.

I think the point being made is that posting a report from 2 weeks ago which was negative at the time, on a day with a very positive RNS smacks a little of games being played. I think most of us on here have had enough of the games played this year and our tolerance for the people doing such things is limited.

We are regurgitating old news reports now to support our trading positions? Fun game. My turn... "PathFlow® SARS-CoV-2 Antigen is a professional and home use LFT for the detection of SARS-CoV-2 antigens using non-invasive anterior nasal swab samples to provide a result in approximately 15 minutes. Novacyt has been working with a partner to develop this test, which is able to detect the virus regardless of current known mutations. The Company intends to launch the test as CE-IVD before the end of Q2 2021 and expects it to complement Novacyt's established position in COVID-19 PCR testing. As the market for COVID-19 testing continues to develop, the Directors believe this product could add significant revenues for Novacyt."

Anyone else spotted all the new posters on here today, posting simply to disrupt and try to start arguments? Interesting development. From a psychological trading perspective it is a bullish indicator

Unlike most other covid companies NCYT hits its specified deadlines. LFT in next few weeks folks, exciting times :)

Also worth noting we are on the purchasing framework, and with cases currently doubling every week I see an increasing pcr resource demand again. When cases were under control they gov was happy it had enough stock, with cases starting to look exponential again after lockdown, that may not be the case in a month or two..

Good summary Hillseeker