Member Info for Bluelight

I find it hard to understand why the covid stocks got so hard hit when its the escalation in the very thing that makes them money that is causing the market to drop. It defies belief really, its such a contrarion price movement. Its like saying oh covids now disappeared so all covid stocks are now worth 3x as much as when it was around. makes zero sense.

Makes no sense to none of us really. More covid cases unfortunately, but that means more revenue for NCYT. Its been a brutal few days, but the price action has gone so far into oversold that it's now pointless even following it. Set my alerts for getting back to fair value and just wait now

Well if they were after peoples stops they certainly got them there. Crazy valuation now, time to load up more

I for one will be glad when the MM has got all the shares it needs, because this is getting tiring at the moment. get on with it already and lets all make some money

It's the same information flow porky as it was whilst it was rising. It's nothing to do with a lack of information (it rises and falls on no information), its simply MM action combined with new investors questioning their own decisions. You wont find any long term holders losing any sleep over the price action as we've all seen it many times before

Anyone else read this point for today's ODX RNS as meaning NCYT has cornered the market? "ODX. Following initial orders for this test, traction has not materialised as the Company was originally anticipating. The Company believes this is due, in part, to competition from ELISA antibody tests that are now available on larger automated instruments and an evolving market need that seems more geared towards lateral flow antibody tests."

Same as uk today, so all good

For those of you that were in on the last 2 day 25% mm drop, this setup looks pretty similar. In fact from a neutral perspective it is even more bullish as the second days losses have been engulfed by the recovery, which is a bullish technical indicator. Tomorrow could be an interesting one, I'd expect a strong gain tomorrow.

Generally it is the one with the greatest trading volume, which for NCYT is France. I believe its 70/30 France/UK. We tend to follow their moves. Sometimes uncrossing trades differ, but then they merge the next morning like we saw today.

+3% in France now, strap yourselves in its lift off

Our French brothers are now in le blue

I dont think people are getting distressed actually. From the tone people are happy with the fundamentals, and most of us will have seen such percentage moves many times before on the run up. It's part of investing, you can't sweat things, just let it do what it needs before we continue up.

What I'd love now is a nice juicy new contract that blows these movements out of the water. Trap alot of people who are out and short, and rocket up. Likelihood is high given news is imminent any day on a number of fronts. Oh for an afternoon RNS :)

For me I just use it as a good opportunity to do some deals. I now have 15% more shares at no additional cost. Just have to be patient and trust your own views.

It's the exact same pattern as the last 2 day mm share hunting. 2 Day drop then rally to new highs. All very predictable, but does create some lovely opportunities.

France pre open price 10.92 euros, equiv £9.93

Not sure that price is correct, as the french price is currently showing 11.38 euros, equiv to £10.35. French is usually the correct one in these cases of difference, usually revert to the same in the morning.

That's about a classic as a MM action to get shares cheaper as you are ever likely to see. Didn't phase me at 250p. not phasing me here. We all know the value. if they want the shares they pay the true price not these artificially created moves.

Tha Dianond guy is a joke. If you believe what he writes (and I don't for one second) then hes been shorting all the way from £3. Hes constantly posted entry points only to then state later he got out and reentered at a higher price. Utter nonsense from him, no trader in existence trades like that. Well at least none that make money anyway. Thats the definition of chasing your losses.

Well said Lolo. It's good to find a board where in the main we are all in it to help each other, and to achieve good profits for ourselves and our families. You get the occasional fool who pops on to spout random nonsense, but they dont stay long because they cant dissuade us all from our path. Here's to the first £10, and on to the next.