I think the bottom line here is that something like this was expected and is reflected in the SP.
REDX has a great future and next month when this is over the SP will improve steadily.
I will certainly buy in at 37.5p
RE: trading/investment/skill/gambling2 Feb 2017 10:36
The skill comes in choosing the right company to invest/trade in.
The skill also comes in choosing when to invest/trade in your chosen company and especially when to sell.
Everything else is luck!!!
Not sure - may be spontaneous?
May be small investors were looking for the bottom and when it did start to rise all started to invest.
Results are due and the potential here is huge!!
I have brought in here for the long term.
It seems Redx is a well managed company doing an amazing amount of valuable research.
It looks like a year end report is due that will have good updates on the research but also there may be a dilution issue and this is why the SP has fallen.
It could be an interesting ride!!
The bottom line is that since the end of October the shorts have hauled the SP down by "legitimate" [in the eyes of the authorities] and foul.
It is going to take some time for confidence/ sentiment to return in our favour.
In the meantime patience is the key!!!
The long term prospects I agree are superb but I think we may have to be patient for maybe even six months.
Some of those shorts started when the SP was around £4.50.
Just keep the faith!!!
RE: further reduction in short position13 Jan 2017 17:51
Is it possible that we are in a sort of unofficial armistice period where the shorts are being given the opportunity to close and the buy back scheme is being less aggressive than it was last week?
While it is impossible to be 100% sure it would seem to me that PAYS is a long term hold throughout 2017.
With the share buy back battling the shorts.
An undervalued SP - mainly thanks to the shorts - we would have been close to £5 by now!
A company on the takeover trail with plenty of cash in the bank.
A very well managed company.
Why sell?? - There can be few better options for 2017
PAYS was on a strong upward trend until the shorts started playing games.
Hopefully most will close now and then I see no reason why we shouldn't see £5 after the trading update in January.