Methinks a raid on stop losses?13 May 2021 09:34
I truly believe that the time has come to sit on hands and almost ignore the share price games at the moment.
This morning is typical and will have tripped out any nervous and inexperienced PI's, and, in my opinion is all to do with the short positions.
The other factor at the moment is the obvious and blatant posting of scaremongering rumour, total fiction and doubt-setting drivel that is designed to create nervousness and panic.
It you want re-assuring, look simply at the facts. Even if every last drop of bloody DHSC business disappears (and how likely is that!), this is a company that is seriously undervalued, has huge cash reserves and a gold-standard portfolio of products and services (and with more in an ever expanding pipeline). Read the posts from people like ShaunP, Kaeran, VanV and a few others if you want an objective and realistic opinion of where this is going.
If you are after a quick buck, go day-trade shares like ARGO and SYME (but be prepared to lose your shirt as well!). If you want a sensible investment, pop a few bob in here and shut the drawer. All in my opinion and my money is where my mouth is. GLA and chill :-)
It is also not a simple Covid company. Yes it has had a bonanza out of the pandemic but it has nearly 600 tests for other diseases. In five years time, this will be GM's mid-cap Global diagnostic company and probably will not be on this excuse of an exchange.