Member Info for EthioEthio

Elon, as you know, i've been in this a while and i also thing we have great potential. But they told us to expect this early June and we're all here thinking news any minute. if no news this week and early next week, we will see the same think i've seen elsewhere. imho

"Ethio - Strange statement. Why should they provide an update for a random PI's self proclaimed deadline?"

if you don't know what delays mean in this game, i'm not going to tell you. Look at avct, 214 three days ago and now at 159. it will tank further. peeps have been waiting for design freeze news for 7 - 8 weeks. its in the odx benefit to update not a PIs.

can someone tell us - PEEL on the offer?

I hope they are

i think we'll move up once they are

i'm only asking why?
not said anything about the product. i'm just asking why the alarming drop?

deadline for me was 1st of Jun.
they've got to provide an update with regards the cause of the delay.

GLR1990

It was 214 few days ago.
its not at 159.
I would call that a proper dive

why is this tanking?
2.00 last week i think and now in the 1.50s????
There has to be a serious reason.

MMs must have wanted cheap shares.
I did not sell 1 share.

Do you guys think seller is done now or do we still have background selling action?

It was the same when i bought in.
Its easy to tell just looking at the trade price.

if you check my post history for HZM you can see when i posted my trade which showed as a sell.

Good progress today. Like i said, Q3 is weeks away and this will raise again approaching Q3.

They already have a distributes in India i think - someone should email him the link - £££

Like i said in my post below, this is not an easy test and there is no competition out there.
If and when we get it out there, we will sell in millions and millions.

NEW DELHI: Two weeks after drawing up plans to launch antibody tests on a mass scale, India has shifted its focus back to RT-PCR, the so-called “gold standard” for Covid-19 diagnosis.

https://economictimes.indiatimes.com/news/politics-and-nation/covid-19-diagnosis-india-shifts-focus-back-to-rt-pcr-tests/articleshow/75462357.cms?from=mdr

@Marve
I think they will be done late tomorrow or Wed. imo
Lets hope for decent volume tomorrow

Jun 1 2020, 17:09 73.50 117,543 0.00 0.00 ? £86,394.105

That was a buy i think

Reason for delay - imop, i think they may have added (may be gov) new features to the original specification and they may have asked for extensive validation. As we all know, a lot of companies who tried producing this test kit failed. Meaning this is not an easy test and when completed, it wont have competition out there with regards quality.

China tried and failed. The millions of test kits bought from China are worth nothing. The UK gov took the blame for buying from China but they're not looking to be disgraced again. They want to make sure this is validated, again and again which is why its taken longer.

This product will be the best out there and not only in the UK, it will help millions overseas. With a few manufacturers working together, the numbers are going to be incredible.

buys or sell?
again, not easy to tell

What's the point of L2 if MMs can hold big trades till the following business day?

Background sells from today will be released tomorrow after 5pm

PDMSPiper
i agree - de-risk almost.

Flavour - i would be very happy with 250k short term. I've got 128k at the moment.
It all depends on my other stocks, ODX, GDR and EUA. I've done quite well out of the covid stocks
and waiting for ODX and GDR to move up again , which they will. Most of my profits will be coming here as i plan to hold this long.

I can't see the SP dropping below 3p here as Q3 is weeks away. If it gets anywhere close to that, i will def top up.

MMs drop this any lower - am loading up
The SP will start to raise just before Q3
30p my target
10p+ after finance - if this drops below 3p, am loading up