The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Mattyboy, I’m desperate to buy more. If I had the money I would. I bought a load at 11p and then I averaged down to 9.8 with a significant buy at 8p. All I can afford at the moment is loose change. £100s not £1000s.
This is a market shake out. I anticipate a few big buys as the week progresses. Still standing by a creep up to 15p.
Good luck with it all. I’m out of the red and I’m in for the long haul.
Mattyboy, not so sure. This depends on its proposition. I thinking it’s sound. I think anywhere between 20-30 achievable. Only time will tell. Happy to on this journey and out of the red. For anyone else still in the red patience is needed. I wouldn’t be at all surprised if this ends the day blue.
Marksie,
This is another chart I’ve pulled down from the app. Can see the two candles. It’s useful to learn what they mean. It takes the guess work out of trading.
In my analysis using data I’ve pulled from hear I’m still going bullish for the week ahead. Purely off data.
https://www.tradingview.com/chart/gmmnWxqt/?symbol=CBX
There is a cost. Depends on what you use it for. It as about £5 a month for basic account (from memory). Then it’s £20 month for the pro-account. I think you only really need the pro account if your forex-trading. For this type of share the more basic account is the better option.
For those that are interested I pull a lot of my data from here:
https://www.tradingview.com/symbols/LSE-CBX/technicals/
Then I work out my own forecast. It’s generally lagging indicators. I’m still going bullish for the entire week.
Enjoy the ride everyone.
Drax, that’s my gut feeling. It was my gut feeling yesterday. However, my figures/charts are telling a different story! I’m no expert this is very much a sideline, and do this as a hobby. So I could have it monumentally wrong. I’m showing growth creeping towards 15p ?????? *not today but over the week.
So, I’ve looked at the variables. I sold out at a high at the beginning of 2021. I’m no seriously considering buying back in.
Everything looks as though it’s lining up nicely for a buy.
I think I like this company because they are innovators. They are commoditising warehouse and distribution. They have positioned themselves well. I see 25% growth in this sage over the next 12 months.
Andover or Erith fire?
Lithium ion batteries are being used everywhere. The more prevalent they become the more incidents your going to get.
FM insure Ocado. They only insure highly protected risks. Ocado will have every bell and whistle in operation to limit exposure.
Fire will happen. The fire In Erith they only lost 2% of grid. That’s nothing. It happens. It made the headlines as they had the Andover fore so it’s considered newsworthy.
They take this seriously as do their insurer. FM would be out the door and looking for less exposure if they weren’t a good risk.
The management team look promising here. I’m not sure about the other team you invested in? Did their board of directors make big purchases. The board here are heavily invested. The most recent purchase in October.
I’m invested. I’ve rode out the storm. Im in a decent position. Could be stronger. However, comfortable, and can no look forward with optimism.
I believe there is is a lot of play with anyone buying under 15p. I would be more cautiously optimistic with anything over 15p. That’s not to say it couldn’t happen.
You know your own risk appetite.
Wishing you well and a prosperous Christmas & New Year whatever you decide to do.
Thanks for the share Rambino. It’s gearing up for product launch first week in December by the looks for things?? Very positive news.
I’ve always been transparent about my holding. Mainly to demonstrate my faith in the share. I don’t have a lot to invest. I had to sell Boohoo at a loss to reinvest into this share. This was a sell from my pension account.
I then have a share dealing account - it’s actually 30k invested not 20k *fat fingers. I’m just so use to see 20k or less in the numbers.
I’m transparent because its easy to have an opinion when your not invested. *this isn’t an attack on anyone merely an observation.
I truly wish I could “press the button again” and have more money to invest.
I’m 100% in. I don’t have a single penny left to invest. So that’s how much faith I have in the share. 100% committed.
When I read eye watering sums being invested I don’t have an opinion one way or another. I just think how luck he’s going to be in the long term. How fortunate, and I wish everyone success.
£100, £10,000, or £100,000 ….. it’s relative to what you have. I’m more interested in the % overall investment engaged. So if you only have £1,000 to invest and it’s all on CBX that shows me the faith you have in share. If you have a million and you’ve only invested 10% so 100k that says your not as invested.
Will check in again close of play.
It was really nice to see my dashboard turn blue even if it was for a fleeting moment. My average is 9.8p.
I happen to agree that the opportunity for sub 10p buy in is coming to a close.
Nothing to brag about my end. This has been a rollercoaster. I have a modest holding - 10k in my pension, £20k in my share dealing account. I’m not ashamed to admit - I’m all in. I have faith in this share. I’m in for the long term. I have a very small short term sell open. That’s just to make Christmas more comfortable.
Enjoy the ride everyone. Back to the day job!
100% correct. It’s just pushed past 10p with little effort. I though there would be a little resistance but seems to have done it effortlessly. Anything above 10p close today and I’m happy. Friday times since launch that I’ve been in profit. Feels good.
CoinCollector - your absolutely right. My apology. I’ve been engrossed in Boohoo for a while!! *least said about that at the moment the better! Not my finest hour - posted losses! You win some and you loose some. Which I think beautifully illustrates my point with shares. Posted some nice gains on Unite Students & Ocado. Up on the year. However, your right to call me out on my reference. Thanks again.
* Please disregard all reference to the AIM Market for CBX.
Thanks for drawing this to my attention.
@coincollector - my AIM reference for what? I’m unsure what your referring to? Happy to give you reference points but you need to specify exactly what your looking for.
My posts are largely centred around my cautious optimism. Equally warning newbies to manage their expectations and not believe too much of the hype. There are those on other forums (as I’ve pointed out) that are suggesting 100% rate of rise overnight. This in my opinion is hype!
If you can be specific I will happily respond.
HKK, nothing would give me greater pleasure than to be proven wrong! I will happily eat a large portion of humble pie.
There is growth in these shares of which I have no doubt or I simply wouldn’t be invested. My growth predictions are still incredibly optimistic but I’m not putting growth at 100% of percentage points overnight. I believe this will yield results. I’m confident in that. I standby my original prediction of breaking 10p by the end of week. Then steady growth until product launch at which point 25p is achievable. This has been my long standing forecast and I don’t see anything in my data analysis that says anything different. Amran, was looking at data yesterday evening. Maybe he has more to add??
Again, nothing would give me greater pleasure than to be wrong on this one!!!!
This is true. Also CBX have positioned itself well. They are coming to the market with a synthetic alternative which could place them well in the athletic market. Furthermore, it largely untapped in the U.K. with growth opportunity.
No doubt. None whatsoever. I am concerned about hyping this up to the levels discussed on other forums. Especially as newbie investors look to forums (right or wrongly for guidance). 25p by COP tomorrow is just over “hyping”.
Anything sub 10p (buy-in) will in my opinion provide growth before Christmas. Anything over this and it will be after product launch there will be a ROI (unless heavily endorsed). It undoubtedly has some long term growth potential. That’s unquantifiable at this moment. It’s highly speculative. All AIMs shares are highly speculative.
My comments might sound counterintuitive as I’m currently posting a loss. I won’t break even until 9.8p per share. So technically Im invested in its growth. However, I don’t want to see anyone take risk they can’t afford, or are sold on the hype they over extend themselves. Shares go up and shares go down. Nothing is guaranteed.
I’ve scoured other forums to check out what’s being discussed. I’m glad to report that we are the more measured group.
RolandRat - you’ve been trading as long as I’ve been on the planet! Very interested to read that broker sentiment is shifting. It was risk averse but seems (based on your account) to be looking to position.
Other forums are suggesting significant rate rises this week. I’m not convinced. I would be more than happy with a 10p close by Friday. Other are suggesting a 10p close by COP tomorrow. I just don’t see it based on my analysis. This isn’t me talking down the share. I’m just acutely aware that newbie trader will look to forums for advise. I DON’T want anyone investing their mortgage or life savings on this share (or any share). There is no such thing as a “sure thing”!!
This is a great (share in my opinion) especially under sub 10p. Im confident you will make a return by Christmas. Be incredibly cautious of anyone suggesting this could be 25p at the end of week and investing your cash on “hear say”. It’s very unlikely to reach those numbers before launch. So be cautiously optimistic.
WARNING to nervous or newbie investors - this is a volatile share and likely to stay that way until after product launch.
Amran, 14% of total sales volume. That aside the sales volume vs purchase volume is very reassuring. I think this is largely driven my those on the “watch list” buying into this share. I think it will continue until product launch. Looking at charts there was a lot of volume traded early between 8p - 15p (happy to stand corrected) - so there might be a lot of volatility as we progress through the price bands. In my personal opinion anything sub par 10p is a decent price for a Christmas return. As you edge more towards 15p you need a greater risk appetite and a longer term exit strategy. Anyone above 15p there are opportunities but would realistically factor in the first quarter before banking on returns (that’s me being conservative). Anyone buying in at 20p and above needs to be thinking 6 months ahead. I’m not sure how I feel about this share as a day trading opportunity! You would have to have nerves of steal and be well seasoned in trading as the is a big moving average.
Great to see movement!