RE: Anyone holding as big a loss as me?30 Nov 2021 18:27
"Ask Captain Swag,I'm sure he will be itching he will give you honest advice. And I'm no expert, but I'm pretty sure he will tell you to Sell asap lol"
horse - the advice that i gave if you look back was not to buy at this price. We could carry on down and then you can buy cheaper. Even if we bounce back on a recovery you will still have time to get back in at a reasonable price in my view. it is a risk v reward calculation. i suspect you want people to buy so the price goes up and you can get out - so is your advice and position honest?
if you already hold then you have to weigh up if you think ODX has a good long term future. I am sure they will get CDTA and self use in uk and eu - providing the test can detect the new variant. In all honesty i think approvals will now take longer as the new variant has to be looked at closely and that will take time. i can't see any body approving a test with a brand new highly transmissible variant. I am hoping current tests do detect it not as a PI but as a person worried about the consequences if they don't
i have already said i believe DAM could be £8m a year if they get self test and decide to contract. the worry being colin selling exclusive rights to what is in effect UK and spain. please someone take his pen away and give it to the lawyer. using that figure the current price could be the right value. There is no way the non covid stuff comes close to supporting the current mcap - at least not until 2023.
i think ODX is still over valued- whether sentiment can keep it up in 20s is another question. I do think odx will recover - they have a great portfolio- but they may need to ditch the flotsam.
unfortunately the timing is not great.pre- xmas often sees a sell off and I can't see news in the next 3 weeks.
my guess is that by xmas market close the price will be lower
I have given my rationale - feel free to disagree and point out where you think i am wrong. or of course you can just keep with the insults and digs. it is up to you. i honestly don't care so you are wasting your time if you think i do
but everyone should do their own research...dont buy or sell on my ramblings