Member Info for greggreen

This is my largest holding also at 1.8x years salary. Many things could happen just have to wait and see.

I was in NCYT Feb 2020 not many parallels in my opinion. I kept about 60% of my gains 9+ before the peak and then sold on the way down. NCYT had proven sales nothing huge, but failed to lock in the boom (a placing to cool the rise, locking in some of the hype for later). Covid testing fell off a cliff, direction has been sad ever since. FARN has golden egg products if they get to market, time scales and risks are hard to gauge from a private investor point of view though. I am hopeful, but have lost in the past. This has multiple products / treatment targets just needs wider trials, and deals longer term (note we do not have a positive cash flow).

I am sure it is not new information, but I did like the focus on 1st 2nd line of treatment. I got a bit focused on the multiple treatments stacking up benefit, rather than the obvious Bex tested to see if it plays nice. Proving current drugs can be used in conjunction with Faron's (probably the next gate after toxicity tests).

I admit I took advantage on the last dip (like the old days) sold a small sum, got a rise out of something else bought back in ^^. Its all good though, nice to see a bit of volatility and trades again tbh. I am still happy to be in, rather than out.

Depends on the size/price paid of the holding though. For some its a punt, others a long term investment. I have too much, no way I would be holding onto it all on the way to £7 (unless it moves too fast ofc).

Nasdaq has gone mad, not eye watering volume though. Could even be just one person re-buying a position.
https://www.nasdaqomxnordic.com/aktier/microsite?Instrument=HEX185076&name=Faron%20Pharmaceuticals%20Oy&ISIN=FI4000153309

Looks like the buy it in a year / going to 100 chaps got it wrong. Missed out on a nice big short term trade from a low. Nasdaq sitting at 9.8%, What a great week!

Shuffled quite a few K around for my Wife ... couldn't buy 2k chunks on the open market.

If it does go up and holds for Friday I think you have officially earned the, 'I predicted It's HAPPENING badge' ^^. Or at least it's not going down for once :D.

I was hoping for a bit of traction in Q4 seems like it's trying, but this is still noise tbh. I prefer to be in before people take positions though. I remember times where I was buying in 500 quid chunks just to get in, years ago. My max share limit is hit (6x what it was in 2020). Nothing I can do but wait now, lots of practice at doing that here :D.

Not much razzle and dazzle in toxicity, dosing studies, predicting patient effectiveness, and no one likes placings (bread and butter for AIM so no idea why people freak out). But it will grease the wheels for the FDA going forwards. Nasdaq asks seems to like it, all be it low volumes ^^.

Finally helping patients already receiving market treatments, in parallel. Bit more time to go yet but encouraging.

Working with patients who have little hope ... here is a drug that will help you get to see Christmas or maybe another. What is it going to do for folks in the early stages. Topped up the other week, still no regrets even though some of my shares are in the 80p club.

Whoever buys Victory wanted more than 100% profit, they got a great deal we got £30m enough to move projects on (which is what I was hoping for). Lets hope any WN drilling equipment is pre-ordered and we can get moving next year. An RNS should have made things clearer as the ramps got more and more got out of control. This why when people ramp punts it's dangerous, welcome to the Hotel California. Thankfully I did not add much if at all but in the red yet again. I think this will roll back up with that much in the bank, for now back to waiting, sigh.

Did you not see the Corporate Presentation for Daybreak, via the 8k Form? It was pretty interesting. IF they pull it off I would call that moving. Deemule and JackDiamonds were talking about it around the 23rd. Would be nice to hear it from Reabold, but that's the way they are for now at least.

https://sec.report/Document/0001515971-22-000157/
see link at the bottom
99.1* Daybreak Oil and Gas, Inc. Investors/Corporate Presentation

Well I am hoping they invest as much as possible into multiple projects running at different stages all at once. This was how I viewed Reabold initially. Even with the few things going on, it turned into a one trick pony. Looks like it's working out with Government policy changes for the icing on the cake. Well in the green after some scalping to UJO, if we can only get back to those 1.25+ days.

At least I don't get up every morning for the bell anymore (this will be the time something happens).

If you are thinking of your trades as gambling or blackjack, I can't imagine the chaos you have seen. I did that in my early days, then I realised I wanted the most likely not to crumble, with as many opportunities as possible. I mean I have seen some much risky, heck boarding on gambling pharma than this. To compare it to oil and gas when its been in slow decline for ages makes no sense. I wish my shares behaved like that a bit more on the downturn in oil and gas!

Mostly this has been a boring wait, sliced a bit on the down bought back in. One top up if my other shares kick off a bit.

Yeah the pace and number of patients is disappointing on the other hand the cash burn of the studies is eye opening :D. I always prefer to be under invested, looking to top up these days. Being over invested means if there is a delay you are locked in, like this. That said, I am sitting tight waiting to buy more, but my other shares are flat lining so pick your poison :D.

Not going to post one of your UJO Barcharts.com posts, that you assign so much value too then?

Oops that was cumulative, so its $4m a year in 2.5 years, half as good. Still paid itself back by then, not bad!