The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Basically, just take everything that everyone says with a pinch of salt.
People always have an agenda.
Do you think this company is in a good position to capitalise, grow and win contracts?
At the moment, it is based purely on potential - so if you think anything is likely, you can infer the share price will rise dependent on the size of that contract. And if it's a government one, considerably so.
Make this decision on your own, based on your own research.
Always DYOR. We all have an agenda - some will go to more lengths than others to aid that.
Everyone is overlooking the fact that it was likely to be a buy dressed as a sell. The SP was low on Friday and rose into the afternoon - and that trade took place 18 minutes after a BBC Correspondent confirmed they would be on BBC London News that night.
There's a very good reason why they would want to hide or manipulate people into thinking buys are sells - and that's to weaken confidence, to accumulate cheaper.
Bullish. But agree that a catalyst is needed. IMO, could be imminent - on short term time frames 1hr and below RSI is coiling on the decline - looks ready to pop up soon. DYOR.
It's not really odd. This share has been frustrating, but when you think about it - there's logic.
The age old saying: buy the rumour, sell the news.
Friday, most of the market cottoned on late that Catenae would be on BBC News. The rise was small, so this continued a bit with some hope and hype this morning. Then the usual sell off occurred.
Until the day something significant and concrete is in place, this will continue to follow this pattern. Easy 10% to be made here and there.
The question is, do you want to sell for a 10% and risk missing that big RNS landing?
To anyone frustrated, pick your side and stick with it. Are you an investor or a trader? If you're a swing trader and find yourself stuck in this, you should have played this move better. But if you're an investor, and believe in this, then I wouldn't worry about a small decline after a larger impulse.
I believe news is coming, and soon. There's too much bubbling here - don't forget that all of the eggs here aren't in the same basket.
DYOR NFA etcetc
My dialogue earlier today with the BBC Correspondent on Twitter has been liked and shared by Catenae and a number of their directors.
To me, there is a clear shift here - this kind of thing did not happen when the Sky interview news was tweeted some months ago.
I believe that there is clear belief now, and there is an active drive from Catenae and its staff to publicise and drive this forward. It suggests to me that for the first time, they feel truly confident in their product and ready to get this out there.
Add TA into the mix, we're looking at breaking 50 RSI and stock again - this last happened last Friday before it took off.
DYOR, not financial advice, etc etc. I'm feeling jacked though.
Thanks - it clicked upon seeing that post. Catenae have taken criticism for quietly getting on with business for months now - the sentiment here has been low for some time. I'm confident now this will start to shift, as their hard work starting paying dividends, with more exposure and a solution that fits nicely. DYOR
Confirmed that Catenae will be live on BBC London News tonight, 6.30pm.
https://twitter.com/casual_journal/status/1365280402022297602?s=19
Agreed, bunsenburner. People are getting too caught up with the UK, and forgetting what a strong foundation is being built within Africa. Don't put all your chips on a UK announcement because there's seemingly a much more significant plan in place across the shore. Any involvement in an announcement over here is an added bonus.
Some of the buys that went in yesterday were not play money. Usually a very good sign.
This week signals four months since the pilot update of Afrik-ID. I expect something to come out by means of an update imminently.
There is lots of hype around the UK government, but the links being built across Africa (BHA and their presence in SA and links, Afrik-ID trial with influential individuals involved) are hugely significant and should not be understated or ignored. It seems to me that this is and has been a target area for Catenae for some time now, and with good reason. DYOR, but I'm still in deep and staying that way.
I'm sure neither of you have bad intentions. But in trying to 'protect' potential investors your words may hinder existing investors, like you both were, by holding the price down. In other words, you're shifting as many as people as you're trying to help.
Anyway, this is all off topic. I still maintain that this has a great chance of multi bagging. It just requires some hard hands and patience. Side note, people talk about Botswana as if it's a laughing stock - when it's a gateway to Africa. Personally, I think it's a touch of genius. IMO DYOR
And a polite reminder to anyone who watches these forums intensely... nobody on here is just a good samaritan trying to help everyone out. The kind of people who set up accounts to post on these forums are the same people who set up trading accounts. And they don't go piping up on all boards regardless of having any vested interest. It's to inject fear (or hope) to influence a share in a certain way. The sheer notion of trying to help people out is fairly diluted anyway by the fact that for every winner in the market there is a loser, thus voiding this claim. I'm still sitting in here and feeling good mid to long term. GLA
Well Said Bobsworth.
These forums are full of a lot of rubbish, on both sides of the fence. This has been swaying more negative over the past weeks and days. We've seen some individuals who were positive, vocally lose that, and some sell out. To me, that kind of behaviour suggests fear is almost in full swing- and when that happens, market psychology suggests that bullish moves could be imminent. Maybe not today, or even next week.. but these posts encourage me too. DYOR.
Much obliged. Let's hope we can all make some good money on this. As I said earlier (now deleted) I've been in this since 2p and remain bullish.
Mohammed, it was at 1.45pm on Sky. I've not tried to find it as I watched it live but can only assume something will become available later on.
Apology accepted.
Entitled to your opinion. I think it's got a bright future IMO.
Crizmo, could you ease with the positivity please?
I'm happy for a private apology to my tweeter handle if you wouldn't prefer a more public one for accusing me of making up lies to ramp this earlier.
I hope everyone enjoyed seeing this share on an international platform. Just the start. DYOR.
I agree with the notion of some good late afternoon movement as it tallies off with my TA as well, below if anyone is interested. Timing is always difficult but I expect this to start picking up in the next hour... fingers crossed! Sentiment remains the same, bigger moves Friday if all lands well, but I wouldn't be surprised if this was the last time before then to get it for less than 2.8p. https://twitter.com/casual_journal/status/1273235673206722560?s=03
Also, regarding the movement this morning... nothing just goes straight up, not without big news anyway. From an Elliott Wave perspective though (which I know divides opinion) it looks to me that we may now be correcting this morning after an impulse move up late yesterday and early this morning. I'm half expecting this to drop to c2.5p before a nice big push up. That's just my opinion though.
Best of luck for anyone still in, dont get caught up in these little moves whilst nothing has been released.
Hi all, been watching from afar until setting up an account today.
Surely that is the point - investing own funds prior to a deal being struck is where you are going to catch a bargain. Sure, it may not come to fruition but if you're only interested in investing in established companies then why bother looking at shares like this?
There is something brewing here, and I am sure not selling up any time soon.
If a company can so easily get the green light to raise capital through additional shares then it suggests that there's a market for them and suggests something could be going on. That's my two pence anyway.