Member Info for cl81227

First post as an investor who has been in for 10 months, so class myself as an LTH.
I'm taking to post because I'm not happy about what went on yesterday and the company's seaming obsession with twitter.
Let me start by saying in a company that is in such a boring run of the mill manufacturing business, making diagnostic tests, not attempting to make diamonds from charcoal or similar, I cannot believe the number of nut jobs this share attracts, WHY. ?, its beyond me.
Anyway lets disect what went on yesterday and what I thought began on the two days before, when ODX started to tweet numerous positive messages, including big things about to happen, videos of LFT's coming off the production line and boxes of shrink wrapped stock all sending out a positive message that big things are coming.
The problem I have with this, is that this gets seized on throughout social media and gets re tweeted with the add on that owners add their own positive slants, and as we saw by yesterday afternoon this had got out of hand and a feeding frenzy had ensued, accompanied by most part of the day by a SP rise. Sell off towards the close and ended pretty much flat. I'm old fashioned if companys have good news it should be announced to the market in the traditional way, what is this fixation with social media. Then as we all know, we get a comms via twitter just before 10, which could be interpreted in all manner of ways, as some have tried to argue since.
But I will tell you something for a fact, the MM's who thrive on volatility, will interpret the Tesla tweet as a car crash, and in the absence of any more substantial updates between now and Monday open, its heading south. And that's not the first time in 10 months we have seen two steps forward and one step back.
Please ODX concentrate on the job in hand, there really is a good story waiting to happen, you don't need to be engaging in these social media campaigns particularly late on a Friday night. You only have to look at the massive number of posts that have appeared since, to realise that was an absolute PR disaster. If the SP loses 20 % on Monday morning as a consequence of this, you cannot deny this wasn't market sensitive information which was issued at 10 pm on a Friday night. That Tesla reference was completely uncalled for and has been seized on by day traders and shorters and the usual trolls. Please ODX concentrate on the job in hand, and when you have genuine substantiated good news release it to the market in the conventional way. Rant over.

Not only that, this treatment is looking to replace a substance IFb, which the body naturally produces, but which the Covid virus has suppressed production of.
That sounds a really risky treatment doesnt it

Virus may never be eradicated – WHO

The coronavirus that causes Covid-19 could become endemic like HIV, the World Health Organization has said, warning against any attempt to predict how long it would keep circulating and calling for a “massive effort” to counter it. The organisation’s emergencies expert Mike Ryan said:

It is important to put this on the table: This virus may become just another endemic virus in our communities, and this virus may never go away.

I think it is important we are realistic and I don’t think anyone can predict when this disease will disappear. I think there are no promises in this and there are no dates. This disease may settle into a long problem, or it may not be.

However, he said the world has some control over how it copes with the disease, although this would take a “massive effort” even if a vaccine was found – a prospect he described as a “massive moonshot”.

More than 100 potential vaccines are being developed, including several in clinical trials, but experts have underscored the difficulties of finding vaccines that are effective against coronaviruses.

Ryan noted that vaccines exist for other illnesses, such as measles, that have not been eliminated.

Maybe, but there's no logic or sound reasoning behind where this could end up now. It's all being driven by the herd mentality. Ultimately, when the coronavirus scaremongering and infections die down, climate change and the drive towards mass EV introduction will continue.
Just need to watch and wait unfortunately.

Unfortunately I think it will get worse before it gets better.
I'm looking to top up possibly sub 20p

When the market is spooked as it is now.
Company valuations and sentiment and share price can be miles apart.
Not pleasant as an investor to watch this play out every day, but with time, life and a dose of reality will all return to normal.
It usually always does.

Just wait until the story breaks that implies that the entire workforce of Ganfeng has come down with coronavirus