NCYT Promising Rises and Significant RNS17 Apr 2020 17:44
All,
One last one from me, I will stop the tiresome nonsense for the purpose of this post, although I do like to see people so easily wound up over meaningless posts!
Let's not focus too heavy on the volatility that has occurred with this stock over the past couple of days. We breached 500 twice and obtained a new high score (or 52 week high, whatever you prefer).. this has been a really positive week for NCYT with a significant RNS that only supports the purchasing of this highly demanded stock at this time. The WHO emergency approvals are going to give us a serious foothold in global markets including India (2nd highest population at 1.3bn people). We are working with a company specifically tasked with enhancing our processes to make us more efficient with agreements left, right and centre with manufacturers to increase our supply that is already uttered to be 8m per month. This is exponentially increasing every RNS we get, testing will not stop and we are all clearly aware of that.
Competitors should not cause us distress or scare us in to selling, the market is absolutely huge and as mentioned before our footholds and partnerships are far wider reaching and much greater than that of any competitor at this moment in time, that is clearly demonstrated in the share price which has excelled head and shoulders above any other competitor. I firmly believe there is much more to come, partnerships with Amazon really aren't that ridiculous of suggestions given we are partnering currently with GSK and AZN. We have not heard any news on licensing, surely for any business that is limited in manufacturing capacity, this has to have been a thought and whilst we may not be privy to those discussions they will obviously have been had and whether licensing occurs or not, the decision will have been made in respect of company and shareholder value and i have every faith in Graham to find an outcome that benefits us all!
We've had another great week and one that appeared out of reach when I invested at the 170's.. must have appeared impossible for some of those who were lucky enough to get in below 50p, but I suspect the doubts and the derampers we see now were also there then 1/8th and 1/3rd of the share price ago respectively - of course there is more fuel in the tank, we haven't even got started yet!
Hope everyone has a great weekend and buy or sell, you're happy with your decision. In the end, it is all a gamble but its based on an individuals risk appetite to whether or not they would prefer the feeling of missing out or the feeling of consolidated profits. I for one will be staying in for the foreseeable future, I just wish I had more to invest! Bring on the next pay day, and I hope NCYT hasn't taken off too much so I can buy some more!
Happy Friday,
Denn!