The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Well we’ve had 64 working days since the 16th of August when CPI announced their selling. They had 56.25 million shares left on that date. During the Kissei news period they were unloading huge amounts. They’ve averaged around 500,000 sells most days. So let’s pray that they are nearly out or just out. Does anyone know the rules on TR1 thresholds?
The seller is probably still CPI. I doubt they’ve got much left, a few snowflakes bailing because they can’t hold for more than 10 seconds as well. So much for my predicted breakout, oh well will start topping up again if we keep going down.
Never in the history of mankind hath so many buys not affected the share price! There must be a trillion pound sell in the background to soak this lot up (or MM games!). I know that every investor blames “MM games” on every move down but today I think it’s warranted!
Up she goes, this should be in the 20s anyway. Good to see movement upwards and good vol. I can't make sense of the tea leaves (the trades they show us) and whether that one yesterday was a buy or sell, we'll never know, could be the options disguised. This and I3E are my only investments, so I'm having a good day today, shows the importance of thorough research and HOLDING. Yes snowflakes and so-called traders (or losers as I call them, because all traders loose money in the end).
GeordieShore. If a deal is announced then there will not be any time to buy in, that will be that. No one here really knows anything about the inner workings of the company, so how on earth are you going to foresee a deal landing?
Jesus can no one even hold a share for 24 hours anymore? Ive been holding for 7 months. Everyone chasing rainbows. How anyone can make money long term hopping about so much I don’t really know. It’s mostly always taken me months and years to get my best gains.
The evidence at the moment looks like we have a big buyer, unless MM's are playing big games of course but then why make it so difficult to buy stock? Its looking great, this is exactly the moves we need. The last time this happened was when Higgins was loading up in early May and we all know what happened then :)
Thanks, well I imagine the commencement of CPI selling in early August couldn’t have helped his case. We’ve had around 45 - 50 trading days since they probably started selling (second week of august). 56 million shares they held on August 16th. Still a way to go but it soon goes. They are getting mopped up quite nicely at the moment, but they are definitely killing any breakout. Without the CPI selling we would undoubtedly be in the teens by now.
That is what Newhorizon said but there is no source, sounds like BS to me. Why did he update his Linkedin to say “ Non-Exec CFO at Nuformix Plc” then? The amount of speculation without facts on this forum is staggering, it seems people here just make up things and post them.
Can anyone answer my question. Is Kirk Siderman-Wolter still CFO? It says on his LinkedIn he is (https://uk.linkedin.com/in/kirk-siderman-wolter-ba7282)?
I think the RNS about his resignation from the board was badly worded and made it sound as if he had resigned fully from his position.
Well on closer inspection it seems that one of the Bermele’s director’s, Anthony Reeves, was previously a Nuformix director. He might have copied the Nuformix website template and forgotten to change the search description and terms. Bizarrely it looks like BERM’s whole objective is to “acquire a target company (or companies) with realisable or developed commercial technologies in the pharmaceutical and biotechnology sector”. Anthony Reeves has been buying £100k’s worth of BERM’s shares for some reason, but BERM has dubious foundations and this could be a classic pump and dump because the Twitter squad are currently ramping this non-company on full throttle.