The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Gone silent on this for a while as it's been very bleak.
Cannot speak for the fundamentals but looking at the chart alone I'd anticipate a rise to come shortly - obviously this won't come out of thin air so my instinct suggests there will be some kind of news approaching.
Possibly this week but more likely the next week or two.
Weekly RSI looking to bounce around 30 and bull divs forming on RSI, stoch and price if price can hold by close this week.
Hi Metal, I regret to say my share ownership remains as it was months ago. A tough few months here for sure, and not much i can add on this board.
I'm not selling at this price though as there is intellectual property there and there remains to be an opportunity here due to that fact. I was impressed with the demo of their product on youtube not too long ago, it looked like a smart offering - time will tell if there is appetite for it. Until now, lockdown have negated the need for it - so opening up shortly could present a chance.
I remain cautious though, and wont be posting much as this is in the bottom drawer - and let's face it, this board is fairly depressing viewing as a shareholder- awash with negativity and the occasional mindless ramp. GL all
Hi biglad,
Fantastic to see you and your apostrophes (?) back here.
I'm glad you liked my comment about him still engaging with the gov. Perhaps the only thing you can say that I got wrong here was stating 'weekly' - my memory failed, he didn't specify frequency. Feel free to watch from 3 minutes in, this is his interview following the acquisition:
https://www.proactiveinvestors.co.uk/companies/amp/news/948427?__twitter_impression=true
I try to avoid fake news as it only undermines future posts once researched and found to be false.
Kindly take your saltiness and woeful grammar elsewhere and stop trying to cause genuine investors even more misery with this stock.
And please don't return with some comment about trying to protect anyone, it's far more deceitful than anything I've written on here.
- this company is worth peanuts
- more variants are appearing, with resistance to vaccines
- volumes of new cases are starting to grow again in the UK, with some experts stating they expect us to get at least another spike
- their product looks sound, feel free to watch the video of Nick Delacamp presenting this and tell me you feel otherwise
I await some inevitable gem of a response bleating some negative dross
Great buying volume this morning. Seeing as my earlier prediction that we'd see a surge in buys today went well, I'm going to stick my neck out and make a second estimation.
The usual ramping crew get hold of this in the next couple of days and send the price higher. Expect lots of noise on twitter etc. Probs see something from the famed Zak Mir.
Sniffs of usual pump stuff - which I'm not a fan of. However, it should move the SP higher, temporarily at least.
That said, the only thing I care about is the fundamentals of this company. As JAdam said, miniscupe market cap, IMO they are terribly undervalued based on the possibilities afoot here and the calibre of directors (whether you've grown tired of them or not, there is some great experience there). Stocks are driven by human sentiment and this has been a victim of that.
More noise around passporting starting up, and the country is trying to get back to normality. Let's see what happens. If we hear nothing by the end of next week it'll suffer again.
I think you perhaps underestimate a very shrewd man in Guy Meyer and what appears to be a very qualified team around him.
Many have slated this company and their silence and I'd be lying if I said it's not caused me any discomfort too at times. However, Guy's continuous presence with this with the Gov (as far as we're aware and stated recently, continues to be involved in weekly meetings on this), suggests to me a tenacity and an understanding that this is not a problem that is going to simply be eradicated with vaccinations, but one that will take a range of controls and a longer stretch of time to bring under control.
A fantastic vaccination effort (my partner in the NHS is heavily involved) and some less positive news items have slammed the SP down here recently.
However, I think that at some point, more heads are going to turn back towards passporting as a primary solution for returning to normality, and suddenly they'll be standing there, ready and raring to go. And I believe that time will be soon.
Note - overseas opportunities still remain in play and IMO are as big as what could happen here.
GLA
Based on (too much) experience in this share, that's the kind of news that can trigger a bit of buying. I wouldn't be surprised to see a few larger buys go in today and a bit of a rise on the SP.
It's also another green shoot for this company. Everything has looked very stark and in a few days they've put a video out showing a (IMO) pretty slick demonstration on how their product works (as a data analyst involved in building systems out in large organisations, I was actually pretty impressed with how clean this looked). Then to follow that, a bit more positive news on possible adoption with the Euros. Involved or not, it encourages the fact this will stay around.
Let's not forget we're being hit with the 'India' variant (reported to be sweeping the UK already) and there are other variants cropping up since then. The nature of new variants is they likely become more potent and resistant to vaccination - for example research has shown that Pfizer (the predominant vaccine given to under 40s since AZ bashing) is less effective against this strain than others. It could only be a matter of time before a variant comes out that has developed into something even more dangerous that we are not protected against.
My long winded point, and it's one I think Guy has intimated before, is that I think there will be a long term need for testing and control around everything.
The partnerships Catenae have and the product they've developed and showcased looks impressive, this is a painful holder for sure but I still believe it's one with a high chance of a positive outcome. The Mcap on this company is a drop in a huge ocean that wont take much to blow up.
Until then, patience. GL all, DYOR.
Still here, enjoying this like a hole in the head.
Some comfort taken from the recent YouTube video - it helped allay fears this was a dead duck. They're still fighting, and I believe we'll see something in the not too distant future. Bottom drawer.
I honestly don't know your agenda, nor do I really care.
Most certainly of all though, I am not blaming you for the SP. The silence and worsening sentiment is most definitely the cause of that.
I'm saying that the way you're conducting yourself is quite frankly abysmal.
If anything, I'd respect you a little bit more if you acknowledged trying to buy in lower. Because right now, all you're doing is smearing in the faces of long term holders who are feeling the pain here. Have some respect.
Hi Shenners. Where do you get off?
Others have deramped this stock for some time, everyone has their own agenda.
However, you seem to take joy out of the fact that people may be down a lot of their hard earned on this.
I don't like mindless ramping, but attempting to drive a stock price down for your own personal gain (or even worse, bitterness) is more detrimental to the general public who may have put some money into this share. People slate rampers but those taking time to drive a price down is another level.
I don't think much of other derampers but the way in which you conduct yourself is disgusting and you should be ashamed IMO.
On a more topical note, to sell down here is again IMO a strange decision as the company has such a tiny market cap, but I understand people's fear here. I still remain confident in the team (who have a decent track record in historic roles), moreso with overseas ventures, but time will tell. Covid and the ramifications are going nowhere for years so whilst theres some substance, talk of 'time running out' is somewhat misleading.
Like many I wish I'd reduced my position after the last rise but we live and learn. GL and DYOR
Please stop engaging TMT. Your engagement is doing this stock more harm than good in maintaining the negativity throughout the day.
Let's keep it factual and if you want to rise then do it via private messaging or social media of some form. I agree with a comment made earlier that I hoped to learn from these forums but it's just a slanging match.
Let's be real. This stock looks bleak. Negativity is rife. I've definitely felt shakier now than I have for some time as a long term holder.
That in itself is not a bad sign though - just like the feeling of greed is a signal to sell, fear is one (of many) indicators that it could be a good time to buy.
This stock has doubled with next to no news in days previously. It's at the bottom end of it's trading range for the last year and a lot of weak holders (who I don't blame) have gotten out.
Diamond hands left. And shrewd swing traders who may identify an opportunity with this at the bottom of the range.
I've always said I've felt overseas ventures would provide the first big update, I still feel this is the case.
It's darkest before the dawn.
Hi biglad, thanks for your observation.
Two points:
1. Not true. This has pumped with no news release previously.
2. Technical Analysis aims to identify when price will move in a direction, it doesn't look for a rationale for that.
I cannot argue that ongoing silence doesnt bode well. Neither of us can say when news will land, my analysis simply looks at a stock impartially and looks for momentum shifts with buying and selling.
GL mate
To move away from the petulance, here's my take.
A very modest bounce to 2.3/2.4, a retest of lows and then a rise above 3.
Momentum indicators are showing positive signs of this downtrend slowing and reversing.
Last time this happened, we flew up beyond 4p in a day or two.
https://twitter.com/casual_journal/status/1394564446916390912?s=19
I appreciate not many care about technical analysis, but if you're going to look at one of my posts, would urge it to be this one...
Everyone keeps talking about the fact this share moves between two levels, often as a bad thing. That price action is seen constantly throughout the market. As I've said before, its what's described as a symmetrical triangle: https://www.google.com/search?q=symmetrical+triangle+pattern&client=ms-android-samsung&prmd=ivn&sxsrf=ALeKk00761YpW_ARiV-iuUNr8VXO7xp4lA:1620978057165&source=lnms&tbm=isch&sa=X&ved=2ahUKEwiZsKTq1cjwAhWSEBQKHSbCBWEQ_AUoAXoECAIQAQ&biw=412&bih=718&dpr=2.63
Not sure if that link will work, but I've just searched 'symmetrical triangle'.
It's a continuation pattern, I.e price continues in the direction it was as it went into the move. That, in this case, was up:
https://twitter.com/casual_journal/status/1391672064394792961?s=19
You may not pay any attention to technicals, but in my opinion, price will dabble with the 2p area and then will blow up at some point next week. And this time, it may not stick within that range.
GL DYOR
Will you two hurry up and get a room? The heat is killing me.
1. Deramper crew en masse last few days
2. Some LTHs showing signs of panic
3. Price very close to where I've pinpointed for correction end
We're close. A few days. IMO.
DYOR.
Large selling is obviously never a good sign.
That said, volume often peaks at the end of moves (a 'blowoff') - up or down.
I typically gain more confidence a change is afoot when volume spikes.
I don't think we're quite done here yet though. Another day or three, finding our way down to 2p, then something to spark a rise.
I wouldnt be surprised if we get those full accounts in the next couple of days to cause a sell off down to 2p, where I think it will be met with strong buying, then a catalyst to send it higher.
That's just my theory based on the chart. Call me a crazy for basing this all off of price action, but at least it's based off something, which is more than can be said for many of the posts on here, good or bad...
GL DYOR
Sadly I disagree, as per my posts recently I think we'll see 2p before a bounce. THEN I believe that offers the last chance before a rise.
I'm just speculating like the rest of us though, except by drawing lines as opposed to whatever grounds that's founded on.
GL all, I remain bullish mid term and continue to hold a sizeable position.
Hi Shenners,
Easiest explained with visuals. I've knocked a quick piece of analysis up:
https://twitter.com/casual_journal/status/1391672064394792961?s=19
As someone interested in TA, I believe the market moves in patterns. Many challenge this but when you consider that price is driven by humans - how we all interpret every piece of news or silence, and the fact that we are creatures of habit and often have the same psychological reactions to anything, it makes sense that that carries through and creates some predictability with price action.
Anyway, this looks like a long term triangle correction to me (a quick search of 'triangle correction' will show this). 5 points, A-E, each with converging highs and lows. It looks like we could be finding E down around 2p. Typically I'd expect high volume into this move and even higher on the bounce out of it.
Feel free to ask anything if I've not been clear...
As I've said recently, I feel 2p is inevitable before a true bounce.
This is ignoring any fundamentals and purely from a technical perspective, for me it just looks like it needs to tap somewhere between 1.9-2.1p for pattern completion.
This is not to dampen anything, more to say should it tail further in the next few days, don't sweat it. I'm still confident we'll get a strong rise from this in May, and actually will be more confident once price has his and bounced at this level.
GL all DYOR
There's lots to it MK - its definitely not a perfect science (especially for inexperienced analysts - which I am) but it can be incredibly accurate at pinpointing key levels and patterns in behaviour.
My advice would be to supplement the knowledge you already have and monitor the fundamentals (news etc) and use patterns and other analysis to corroborate those views. I won't get too into it as send people to sleep!
Sorry MK, I talk in technical analyst code half the time. My advice is to search "correction patterns cheat sheet" or something of that ilk, and find a one pager that shows flat , zigzag and triangle corrections. If you then zoom out to a weekly chart in logarithmic view (I.e each candle represents one week) you should be able to make out a triangle pattern, with converging highs and lows from the peak in April 2020.
As I said I'll chuck an annotated graph on later which may make more sense. It looks good though.