Member Info for deepjoy

1,2,3
1. Cathal is now t'ed up nicely to speak at the investor events the next few days (particularly Mello) and not wince when talking about the SP. He may, in fact, be able to talk about a legacy seller finally being out and the opportunity for entry at a great level without a spike if we continue.

2. The SP has been worn down over six weeks and today's price action suggests to be that we are entering the recovery phase. I bought far more than I should of all the way down the past few weeks and took a risk. I what the reward for that risk to be significantly higher as a result. So if one had the guts to ride the downside, then I must have the guts to see out the upside. Too many of us sell down at break even and Yes, I am guilty of that in the past but learnt not to do it on conviction plays last year.

3. Cathal will be acutely aware that Retail took up all the slack from two institutional sellers over the past few months. He is not stupid and would have that foremost in his mind. :)

Well said Tiger :)

Finally from what I can tell Immutex ltd has no employees or turn over and as such is a vehicle that owns I.P only . happy to be corrected but the price bounded around is that of simply buying the rights to the vaccine development.

I should add that Immutex is a Ltd company so it is also illiquid at the moment. The plan is to monnetise it which is way both Orph and PepTcell Ltd (majority owner) need a buyer outright or a list shell company to reverse into and gain liquidity to sell their respective stakes. That is what Cathal is planning as options to gain income from a hidden asset and it is his specialism given his brokerage background :)

Nth.... The value of imutex is not featured on the company balance sheet. Its a minority interest in another company therefore not counted in the company assets and no income or liabilities arise from owning it.

interesting given the MMs code of conduct states that they must maintain a buy (EMS) quote 90% of the time during the trading day. It has to give before 3pm either way :)

with RSI on 46 on the daily chart we have a long long way to go yet Si for investor level overbought signs.. :)

signal move. Been waiting for what seemed like years for these signals whereas it has only been six weeks.... how time drags sometimes GLA :)

happy days .. bid has risen three times today so far... x fingers this continues. It is hard holding onto shares and no selling on the way BUT far harder to hold onto them afterward on the way back up.. Breakeven ain't profit after all. :)

Now i am smiling :)

The bid price is the key indicator for me.... when that starts to move up I'll smile a lot more :)

trades at ask and MMs will take 700k dummy sell instantly... Early days but looking better so far :)

Nowt.. they can be meaningless because there is an over reliance on the buys / sells being reported accurately when there are so many delayed reported trades given they exceed the EMS (exchange market size) and the Spread can be out of kilter with the actual trade price. Below is a simple example of a late printed sell from the 6th being reported as a buy on the 7th.
You have to be very cautious with live pricing and printed trades as often, all is not what it appears. Lots of orders run behind the scenes and the only real gauge is the actual SP..

06-Jul-20 09:44:55 11.55 1,401,964 Buy* 11.20 11.50 161.93k

The other way of looking at it is to accept that when the dark pool orders or sell order dry up MMs will look to obtain shares ahead of any re-rate. The easy way of doing this is to drop the price below 11p and see what falls out. Patience therefore is the hardest thing in the world but can be the most rewarding...

KTRB...patience is the only bullet left in the breach if you're over exposed.

Well which ever way you want to look at it but with a company who now has 20% of their Mcap in cash, a coordinated sell group nearly out and two investor events scheduled this week. I am happy overall, not with the price you understand but the fundamentals of a business going over the profit margin line in the weeks ahead and pivoting wisely ATM. Hope he continues to do that its a shrewd move. one thing i would say about research, it gives you confidence when all around you may have doubt. :)

J427 - Acacia were out a couple of weeks ago imo, what we are now seeing I believe is the residual amount of 25m shares they offloaded. By the end of this week things will have changed now the volume is better.

2020-07-07 08:50:53 11.29 677,561 Buy £76,496.637

I agree 100% Andino. once we knew Acacia had no intention to hold and also, the fact that they were part of a hedge consortium there was always going to be downward pressure and smoke and mirrors. I am pretty confident that the sell at any price brigade on the open market are reaching the end. We may see the MMs shock the price at some point but true value of the balance sheet will always win out in the end. :)

that we have a large seller here; one needing volume to sell into on the open market. The SP will reflect that in the short term irrespective of the news flow . It's a means to an end and my research for the past couple of weeks tell me that the end will come soon enough. I might even buy some more if the panic kicks in.