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Where will it go? Up/Down?
All those that bought at 1p since March are going to want to take profits. So sell pressure.
All those that bought above 5p... say 7p, which is where price has roughly been since July, are no longer massively down since march, and are only slightly down - they will hold until sellers dry up and buyers take over to push it to their breakeven. So expect some resistance at 7p ish mark. Now there's a years work of 7p ish holders to work thought before price can be taken beyond that - if demand remains...
It'll gap up on open. Then crash down to 4p ish. stagger up through the day to 6p if you're lucky, then trail off back towards 4p into next week.. then remains to be seen if once news is picked apart - if it can get any higher and at what pace.
https://www.which.co.uk/news/article/eroxon-ed-gel-launches-in-uk-aRMxe4n7LOxO
Mentions "Tadalafil was recently reclassified as a pharmacy drug, meaning it could soon be available over the counter too, increasing competition and potentially driving down prices. "
Maybe they aren’t doing any promotion of it, as they are hoping for a big player to buy it from them for big £££, and so are leaving it as a virtually unbranded product.
Also sales online will vastly outnumber store sales at boots.
It just spent the last 730 + days below 56p.
It's not going to race past 56p in one trading day and that be it. As Lombard demonstrate, a lot of those buys from the past 730 days are going to be in a nice profit and as they see the market sticking at 55p and below, they will take profit, until all the sellers at that resistance are gone and buys can start to push it back up.
If Ethanol is at 35% and water is listed first, then it's mostly water, all the other ingredients are of far smaller quantity than 35%.
So it's mostly water.
Let that 'sink' in, no pun intended.
They are selling tubes of mostly water and then Ethanol which is super cheap too.
4 pack for £24.99
Share price is .52p right now. Think about it.
It doesn't, it was tested what feels like years ago and there were RNS's about it. Go read them all.
It's a neutral gel of common cosmetics / pharma ingredients, not a drug. Ingredients listed on Boots website, I've googled them for you (come on make some effort!!!):
• Aqua - Water.
• Ethanol (35%) - Alcohol, same as used in the c0vid pandemic in hand sanitisers.
• Propylene glycol - " is a viscous, colorless liquid, which is nearly odorless but possesses a faintly sweet taste. Propylene glycol is also used in various edible items such as coffee-based drinks, liquid sweeteners, ice cream, whipped dairy products and soda."
• Glycerine - "a colorless, odorless, viscous liquid that is sweet-tasting and non-toxic".
• Carbomer - "suspending agents, gel bases, emulsifiers, and binding agents".
potassium hydroxide.
Have you ever gone to say, Tokyo, Singapore, Milan etc.. on holiday, seen an advert on public transport and then remember the product (in your non native language) and then got home and faff with ordering it from abroad?
The problem is the name: 'EROXON® STIMGEL' the way they stick that 'copyright' thing on it. Surely it should be a 'TM' trade mark. More importantly, it doesn't look easy to pronounce. "Errrr... oxo... on". "Error..zon"... like how it that supposed to sound. And then don't forget the 'Stim gel' bit.
Viagra, really flows off the tongue. You hear it once, it's embedded in the brain. Easy to use in joke etc, it's name is viral, hence it easily became part of the zeitgeist.
EROXON® STIMGEL is not going to be something easily remember or part of the zeitgeist.
They should have called it something like 'Stiffy-gel' or 'Hard-on-gel' or 'Wood-polish'. Which let's be honest, is what people will come to call it if it ever becomes part of the zeitgeist.
bye bye 7 dig.
Won't be missed.
RNS. John Celaschi bought more.Also John Celaschi:https://www.thefreelibrary.com/Former+owner+banned+for+four+years.-a0323899432
£70k? in a penny stock!?
Either your network is north of £100m or you need to keep away from the markets.
Well... price down.
Yet product available online, in stores soon, advertising campaign starting soon. A little delay on the FDA approval.
Overall market down due to banking bailout crisis.
= a great bargain price on FUM to use up my isa allowance.
The old dog AEG..... comes alive, but no one cares it seems.
Thank you!