Member Info for Chartist2

From your comment, fatbanker, I take it that all your 15 or 20 times 20, 30 and 50k share topups which you posted here (starting from 44p), are fully correct. Thank you for clarifying.

Best of luck with your strategy!

Alfacomp, did you bring in your 100k this afternoon?
Almost looks like it...

I for one am still hoping (for my own stake) that 34.20 will somehow be maintained later on. At the same time I am willing to stick it out down to a possible bottom at 30.80p. Technically a very good LT support level.
Best to DYOR!

A nice and neat little 10k share buy appeared this afternoon to balance the previous sells.

Well then: If the latest company RNS is of any value, the Sp will stabilize within 3.50 - 5.50p. I can only assume that PIs have become shy to trust anything they hear, after the last two years of experience. Management needs to build confidence now.

Lets see later on tonight if those huge trades/buys that went through this afternoon are maintenance buys.

Well said, Daisan, the Sp is the current reality.

This week it has been crucial to maintain at least 34.20p. If breached, then IMHO one final bearish push to bottom out nicely around 30.80p.
I think above 31.10p.
My personal TA stragety is confirmed if 34.20 is not fully regained today, but 33.70 breached today or tomorrow.
At the same time I agree that any sudden good news could lead to a massive bullish reversal. We've seen this sort of weakness earlier on last year, followed by a monthlong rise.
Its for the company to decide to give a few positive hints to the market - or not.

No advice meant of course. Best of luck with your strategy!

Mazik, thats good to see that you have these sort of capital to pump in fresh liquidity. So you must be doing very well in your professional life. Medicine...?

brother, that 42k buyer in my opinion and in sloppjockeys opinon has been to help lift the share price prior to (negative) company news.
The three mln buyer last week has likely been just for price maintenance, and little to do with someones desire for a long term investment.

In my opinion the TA bottom is likely around 8.95-8.50.

-----------
...the 3 million buyer is no fool neither is the £42k buyer last week

Quite astonishing to see how some on here can pile in and pump in shedloads at whatever price(!), never mind the price drops. Of course the question remains if "fatbanker" really topped up all those 100's of thousands of shares as from 44p down...

Sp now touching the mid term support at 8.95p.

As for speculating: Me, I also think that the recent weakness/ deflation is in preparation for massive good news. Looking forward to a sudden 10-15% spike, which would mark the beginning of a new long term uptrend. Will Bmn rise in March again? Lets see!

Calamari, the latest news read that ...Fortune looks forward to the SA listing and doesnt know yet if there will be a share issue needed, but wanted to keep all options open.... So this is everyones own interpretation. But instead of speculating, I listen to my trading companion called the share price. So far, as from the 49p, the Sp has not l ied to us GL with your strategy! ----------- when did FM suggest they are thinking of another share issue?

Any feedback from you, Mazik? Where are we with this beauty? You buying (yet) more?

IMHO its important now that 8.90-9.10 line is maintained.

No comment from Myles and his former employe / our new company broker Allenby? Great call, slopjockey, and well observed that mentioned 300k shares buy, someone placed at 13.50p to lure...

Yup, dont be fooled: The last candles (a week ago) were bullish, poinnting to a valid new uptrend.

Again the same old trading pattern with sudden sells (in Europe) with zero buys, and then in the afternoon only the buyers are arriving (from US) thus balancing the figure.
Now lets see if this 3.45 - 3.55 holds up nicely.

Well said, 993444! In my opinion one slight doubt entered when FM suggested they are thinking of another share placing. Why would that even be needed? BMN being a 1M per week cash cow?
Currently, prior to a new stock exchange listing, I think its normal to let the price float or wobble on the market (with radio silence), and make BMN more and more attractive for SA investors.

My remaining slice in here (@35.50p) is under water now, and I dont like this one bit. Lesson learned: Dont listen to rampers nor cheerful private investors ("Ohh, look, the man in the video this is our Ceo; what a fine Ceo we have with Fortune; what a nice young man...").
Best to listen to the share price that was screaming the truth, eversince the 48p bounce.

Which is the next crucial calender date in Britain?
(For the Brexit to hit the fan.)

Odd to see more selling.
Looks like some peeps didnt like this part of the news:

"...MedImmune has provided its input to the scope/targets of various studies N4 Pharma should undertake prior to MedImmune committing further resource on the back of the results of those studies."

Sp still nicely maintained. This morning another attempt to trigger some selling, and quickly collect the shares.

IMO the magic number for Roydons anti dandruff shampoo is the 618-619p barrier. This will need to be climbed somehow and held firm.