Member Info for Deal3r

I see a couple II came in this morning following the news.

Building a position- they see some of the risks having receded.

https://citywire.co.uk/funds-insider/news/star-small-cap-investor-hails-truly-fantastic-virus-drug-trial/a1382443?ref=citywire_money_latest_news_list

JSP123

Many people bought this stock as a punt, however many on this BB have told of personal stories regarding COPD and the hopes that this drug will bring in the future. Let hope that those 6% have a lasting legacy.

I'm buying a house so had to tell the Mrs - she has designs on it for the stamp duty and new sofas......

Average at 18p.

Finn Cap have upgraded the target price to £3.60 but recognise that it could go much higher as valuing the stock is impossible until regulators make a pronouncement on it.

Welcome to the board.

There is no right or wrong answer to investing.

As for adding to a position, some say never average down, average up - ie dont add to a position until your first is in profit, but if you believe in your hunch and no new information has changed the premise, top up at lower levels. Very rarely do you pick the bottom of the trough ( or sell at the top). It is worth deciding what you want out of a position before you buy it and its always better to get out too soon rather than too late.

A good simple book on trading rules is called the Zurich Axioms - Max Gunter. It gives 12 general rules to improve investing and they are not one you will find else where, like - dont diversify your investment too much. Always play with meaningful steaks. but also one like - If the ship starts to sink, jump dont pray.

41p

I think the cost would be comparable to other interferon beta formulations
https://bnf.nice.org.uk/medicinal-forms/interferon-beta.html

I will be much higher price in the US.

New virus perhaps. Kaz shares a boarder with China. Are we here again?

Has anyone else seen reports of an unknown illness causing pneumonia coming out of Kazakhstan?

It seem twice as deadly as Covid. The Chinese are worries and have put out an alert.

One to watch.

So I posted a Morningstar snapshot in mid June showing polar cap with 5m shares, it is now over 7m shares, which seem to have come from Acccia.

The other ii are interesting and I will try report back next week on what is going on.

Added a few more @41p

I would not call that sharing level 2 data as it is not specific enough.

Cheers Nolupus

Does anyone have a link to the most recent interview?

There does need to be a re-thing on how hospitals are structured. Talking to my brother who is a clinical lead at a hospital, there are now almost no Covid patients in (3 patients - down from over 75) but the hospital is still for all intents shut except for emergencies. More people will die from not being treated for other thing!

There was a hot spot near Bradford at a meat packing factory - I understand 155 cases. This article suggests 25000 across the meat packing industry in Europe have had Covid.

https://www.spenboroughguardian.co.uk/health/coronavirus/coronavirus-outbreaks-are-appearing-meat-processing-factories-meat-safe-eat-2891606

I've been to to the Macc site and the Alderley Park a few times a few years ago. I was really impressed with it. Possibly some of the most expensive real estate in the north of England.

I dont think the markets will react to this too much. I quizzed a guy about it today. They thought that the these spikes were in secondary states that had not really locked down much and never had much of a covid problem before lockdown anyway.

I saw a comment from you which sparked a question. I saw you were picking SNG up in Jan at around 7p so I wondered why you originally jumped on this stock? I scrolled through a few of your post ( not stalking you honest) to see, but I did find it funny as you commented on a few of my purchases at the time.