Member Info for Chrishar

Reservoir Dogs
Taxi Driver
American History X
In Bruges

I had you down as a Cotswolds man Ghia!

Sorry that was meant to say 'Only those businesses most at risk of bankruptcy will be badly hit by a lockdown - I think NEX has found its bottom...

Noggers, hear me out... I've been thinking a lot about this over the past 24 hours.

What happened in February/March was very different. It was a major shock to the markets and each escalation caused another little tremor until March 23rd, the day the lockdown began, when the markets rapidly recovered some of their huge losses. This time is different. It was expected, 'inevitable' as described by Boris this time. The markets have been ready for this for the past few months. It's why the likes of NEX, a fundamentally sound business, couldn't catch a break back to the 200s.

This time will be different. Share prices will not crash indiscriminately. Lockdowns will be somewhat localised and much shorter. Any falls will be quickly bought into. Only those businesses most at risk of bakruptcy will be badly hit. I think lockdown or not NEX has found its bottom...

I reacted Friday by selling my riskiest contrarian stocks - CINE & RR. I then topped up on synairgen and novacyt (covid related stocks) and a little more in NEX.

I don't think it's baffling at all, there's clearly a reason that we've heard nothing yet and it's not because nothing is happening...
As for Chris Whitty, there is absolutely no doubt that he knows all about synairgen but still, great email!

I don't want to massage the ego of the shorters here ha this is a highly tradable share. Whether or not cine are able to stay solvent long term, there will likely come a big rise off the back of wider global factors i.e positive vaccine news. How big depends on how low the share is trading at at the time... This is worth a punt at this level for that alone however I think it's better be on the sidelines right now and either jump on if it drops to 40p ish or just get on board as soon as good news lands...

I took a gamble and exited on Friday expecting a new low over the next few weeks when the reality of what's to come hits. Covid is going to have a substantial impact on CINE for at least the next twelve months and I imagine by that time either debt will have increased significantly or there will be dilution.

Having said that it could well go the other way and my exit was due to feeling there are much better risk/rewards elsewhere.

Dave, go on google and type in 'Davethedumplin' OR 'Davethedumplinwife' OR 'latenightshowerstunt' OR 'shower+affair' OR 'NOYBDave'

Learnt a bit of SEO from pjmh yesterday...

Crash? No. Markets will be unsettled and I imagine the ftse will be lower this time next week. But as Boris said a second wave was inevitable - this is not a shock to the market...

Lewis. Current sp is 128. Forecasts for the next twelve months average about 290p. Even if it did 'come crashing down' to 120ish temporarily is it really worth trading?! For a few percent?

No offence Seb but your view is an uninformed guess. It could be end of Oct but it is evident from Richard's interview that he expects to have news well before then. I'll go with Richard in this instance...

Agreed. It's clear (besides a nationwide lockdown) that we've bottomed out and the reversal will arrive in due course...

I plan to hold for at least the next six months unless I feel the share price is suddenly overbought. That's many pounds from here though...

The government are stuck between a rock and a hard place - cases are spiralling out of control but they simply can't return to a national lockdown (both economically and socially). They absolutely need to pull a rabbit out of the hat in the next two weeks... step forward Richard the rabbit Marsden.

A rolls royce in 2034? They're struggling to make it through to 2021!

Whilst the wider stock market is going to struggle through the precarious environment over the next few months, we're going to be seeing this sp rise and rise and rise. Took a lot of patience and nerve but we're going to be handsomely rewarded!

This is very naughty and rampy Crabtree. I promised myself to stick with what I've got and leave the last bit of money in the account as cash in case of another market crash... but now you've gone and put thoughts in my mind!

It is not the other extreme, it's the reality. We have had the COPD results, we have had the patent rns, and we have had the Richard interview which explained where the company are at and what they're up to. Until there is news to release you have three choices; sell, wait patiently, or hold but make a song and dance about it. You've gone for the third choice.

What do you expect the company to do whilst they fight tooth and nail to get this to market? Let us know each day that they haven't given up and are crossing their fingers and toes?

We all pray this turns out as we hoped but there really isn't much to do but wait. It's helpful to see positive comments and new findings in between, rather than fearmongering.

falklandinvestor - don't get me wrong I wasn't deramping, I'm in heavily here. I was just saying it's a waste of energy and time worrying about the sp as currently it has no way of breaking out whilst the virus outlook is so dire.

I'm here in order to see 450p in 24 months time.