RE: Keyboard warriors and top up kings29 Sep 2020 00:13
Not sure its quite like the dot com. There is definitive money to be made from Covid stocks. No reason for the bubble to burst as far as I can see. Its just a race to be first and dominate the market. Number of players is the problem here. Im sure there are other tests aimed at the 3rd world. America sounds out, as Trump is going with someone else - Abbott. Just been on the Novacyte page, looks like they have a UK contact to announce tomorrow. Glad im also invested there. You cant be emotional about investing, if GDR cant pull this off very soon, then best cut your losses. I am pretty sure when I invested and did my due diligence in March, I read that they were behind on the delivery of the Hep-C test. They had missed a deadline to the US army? (from memory). From what I have seen over the last 6 months, they seem to struggle in the execution and investor relations. I am staying invested for a little longer albeit with a reduced stake, as I do agree the potential here is phenomenal, but it seems all ifs and buts at the moment. From my own perspective a lot of my mining stocks are crying out for money with a dip in Gold, Novacyte would be a good top up tomorrow having secured a UK deal , the FOMO from Genedrive is waning a lot. Even if I miss the bus, I think there are plenty of other busses. Without covid testing this is just a ****y aim stock that has been on aim for 20 years, hardly a compelling investment (is not a bus I want to be on).