The holy trinity10 Nov 2020 18:15
Good to see a lot of people on this forum staying optimistic.
My bottle crashed yesterday and I sold the lot at 112p. I then saw a bit of sense in the evening and got back in today at 103p.
I think we might be in for a rough few weeks. Pfizer will be announcing more results and going for FDA approval, which may hit us hard again.
There has been other big Covid related news on the testing front. The trial in Liverpool seemed to go well and quick,mass testing should shortly be available in the UK.
Even if we take these at face value (a vaccine which is 90% effective and robust testing, one thing is still missing - effective treatment.
Richard Marsden said it himself, the key to combatting this virus is testing, treatment and vaccines.
There is still a huge gap in the market for an effective treatment and I really hope that is where we come in. It might mean that we're not suddenly going to become millionaires over night but at this stage I can live with returning to profit and being part of something that helps the world get back to normality.
Keep up the research, look behind the headlines and the figures,and don't forget, we have good news coming this month too.