Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
Someone seemed sure enough to put in a £93,800 buy on Friday?
The other thing we need to keep in mind is that it won't be just a case of testing each person once; we are going to need repeat testing as this vile virus carries on doing its work. No telling how many waves of infections we will see but it most definitely won't be just one! The health guy is already hinting that the second wave could be worse than the first.
We also have the other lines of business that should be bringing in increased revenues before too much longer.
Just my own views.
Hope you are all enjoying a safe weekend out there.
Just been looking at this one in a bit more detail and have a few observations.
Has anyone seriously looked at the fundamentals here? No excuse for not doing so as they are right here for all to see.
Market cap if it goes back to 15p is £59.5 million! Can anyone give a bit of detail on where they see revenues coming from to justify that, given the previous years trading history?
Admittedly this is a potential CCP virus money maker but there is a practical limit on that even considering buyout potential.
Before I go any further I'm not in any way deramping, merely trying to throw a little objectivity into the ring here.
In fairness the SP held up well throughout Friday, admittedly it dropped near close as some took profits, not wishing to risk being in over the weekend. Anyone holding from a week or so back would still have made a tidy return and taking profit is the name of the game at the end of the day.
Are people still trading without access to live charts and prices? I'd be interested to know why if so.
Do people have a trading strategy overall? Breaking down available capital into high and low risk categories, or is it all in on one share? Personally I have found that the latter is often not much better than a coin flip, however much you want the price to rise. I've massively over invested in a company in the past that was made to look fantastic, in hindsight it was a scam, the directors of that company moved on to another and rinsed the shareholders there too. :(
You don't have to consider my words but it is just feedback on my own years of trading and learning from early heavy losses. A wise man learns from his mistakes is a well used adage, i believe that an even wiser man learns from the mistakes of others, it is far less costly.
I firmly believe that in the short to mid term the CCP virus sector is the one to be looking at, I'm expecting to see the bull run that we've seen across most other sectors to fizzle out as the bears come out of hibernation. I think the catastrophic effects of this vile virus have been seriously underestimated, the banks have set aside billions to cover debt default but it isn't going to come close to the losses they have coming. My long positions with UK banks were all closed on Friday. My SIPP capital will be retained and added to until we see where things are going, I'm in no rush to jump back in!
My share ISA's are well topped up and partly invested in a couple of CCP virus related shares, I've picked a couple that have existing diverse revenue and sound looking fundamentals, investing with the head beats investing with the heart 95% of the time IMHO.
Anyway, enough of all that as I'm sure all I will get in response is a load of abuse. I can categorically state that I have no vested interest in this company, I'm not paid (as some are!!) to ramp or deramp but merely wish to share views based on my own experiences.
Do you think those trolls have been less well matched by the blatant rampers today? Admittedly most have moved on to their next assignments but this SP hasn't been too badly hit, given the big rise earlier in the week and no new news.
Anyone who has been watching the charts will be fairly happy with the movements today, it has held up very well in reality.
Have a safe and chilled weekend mouse fans!! Back on the merry go round Monday :)
Andy.........best one yet, I'll refrain from stooping to your levels in response. I'm sure you have given all an insight into your own state of mind by your own post! LOL
Careful there old bean!!! Don't got stating the facts, they will stone you to death on here PMSL
Given the support and resistance levels you could trade between with the relatively narrow spread. Don't forget the impatience factor and that people do tend to wind down positions on Friday to some extent. They all contribute to how the price can swing.
Andy....merely the latest news out regarding the company, hmmmm meaning "I wonder"
I've seen a few of these over the years, some have been boiler room scams, supported by people you'd have thought very respectable. I'm not suggesting for one minute that it is the case here but I would be cautious.
I've not appointed myself as anything here, it is an open to post forum for people to exchange views, you will note that mine are never abusive towards anyone else.
What are your thought on the bigger picture across the broader markets? Likely to retrace from the recent bull run recovery from the big initial drop?
Hemogenyx Pharmaceuticals PLC - cancer therapies - Pretax loss narrows to GBP1.5 million in 2019 from GBP1.6 million. Administrative expenses down 2.5% to GBP1.6 million and company reports other income of GBP213,126, more than double the amount from 2018.
Groover...................the point I was making is that people are repeating the same stuff over and over again to try to reinforce their beliefs that they have done the right thing and that everybody else should think likewise. The ramping has decreased significantly since the hype a couple of days ago and the SP is within a fairly predictable post excitement range.
At the end of the day it isn't my business to try and warn unsuspecting people, if they can get as far as opening a trading account I guess it is their business if they don't mind trading on nothing buy hype.
I wish someone had warned me about it all those years ago when I started!!!
I didn't know they had made any yellow 996r models? It is a limited edition WSB homologation bike. I wanted to have that as the last bike Tamburini did for Ducati and then bought his first design for MV, I still have both in my collection.
Groover....apologies if I'm disrupting the ramping LOL All I've mentioned is the reality here if you don't like that tough!
There are desperate people sucking up all the hype and losing money they can ill afford, I've never suggested this can't do well, merely that it is a very risky play at this point.
Loot.....well put, we are currently going through some crazy times, it happens once in a while when some tragedy strikes and tends to chuck a lot of the trading rules out of the window. Massive spikes across the CCP virus markets as people merely have to suggest that their company has a cure or test. A good time to make money but just as easy to lose a fair few shirts. I've bought into a couple that I feel have potential and might have a small say £5k punt at one or two others along the way but I'm focusing my main attention elsewhere.
Always remember to look out for the "rope, soap and dope" The people who sold shovels and pickaxes during the klondike gold rush made way more than the poor saps digging for the gold!
A really good opportunity for you guys who are new to this to take a look at the chart and see what is happening, I know that a lot more of you read these forums than ever post here.
It has everything in a nicely compressed timeframe, big pump and dump, people who bought at the to trying to "catch the falling knife" and increase their loss making positions. We are now looking at a consolidating phase with repeated failed attempts to breach resistance BUT not seeing a big drop off from people wanting to take profit from their buys.
I'm watching to see how it shapes up but have been concentrating my own investments more on some bigger FTSE trades this week.
Safy....I can't really answer that as I've no idea of his circumstances and whether he is playing with pin money or having a serious punt. I'm wary of it in general as IG won't even let us open a position!
I watch things like this one with interest, it could go either way and the time to have been in it was from 2p and out at 15p, that is a spanking profit in anyones book.
Each of us have developed trading strategies and self imposed rules along the way, as a result of experiencing a variety of trading situations, it is important to protect your trading capital.
Unfortunately people in times of crisis can become desperate and jump into tradng thinking they will make a fortune, alas most are totally unprepared for the savage place they have come to!
It is obvious from the comments that some don't even have access to basic charting, some are profusely thanking blatant rampers for encouraging them to get in. It isn't for the faint hearted and definitely not for the desperate!
You have done precisely what the MM's wanted people to do and exactly what I outlined earlier today and warned about earlier in the week.
Your money, your risk of course and the market needs people not afraid to lose their shirts to be able to function.
The strategy sometimes works but IMHO fails so many more times than it succeeds that it makes it very risky.
Stone the heretic!!! It is mice to the moon, no stopping them. LOL
It has been an educational few days for the novices; they've seen it all right in front of their eyes....ramping, deramping, pump and dump, chance to buy on a high that may never be repeated with the chance to "average down" to build up an even bigger loss.
Hopefully the Chinese will buy the mice to chocolate coat for Christmas.
Selling on news, how unusual :) Can't see a lot wrong with the fundamentals so may well top up amidst the panic.
Where will we be going today with this one?? Might even have a few myself if it looks like getting lively. Interesting to see some of you guys moaning at the rampers.
Sam, you clearly don't understand how it works with the best will in the world. If people from days before with holdings 5 times the market price on the day see it starting to slide they are likely to jump out, as momentum builds downwards, then the people waiting to buy in jump on it. In between you have the paid rampers hyping things up to try and get people in.
It goes on for a couple of days then things settle awaiting news to move things one way or another, the rampers move on to the next big thing for the day.
It is the way of it and sooner you get your head around it the less you are likely to lose.
Good luck!!
Profit taking, people who bought at a lower price than today thinking they will get more action elsewhere then come back and buy in ready for the next rise here.
How unusual to see that going on!!
I'm happy with the fundamentals and my entry price so not going to need new underpants over this anytime soon!