The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
The spread is a joke! 21 ask v 24 bid on HL. No wonder this share isn’t moving. Spread stalling at its finest. Just waiting for all the sharks to arrive as we get closer to RNS date, aka Houston we have lift off or Houston, we have a problem.
This time next month we will be talking about the share in totally different light. We are going to see restored faith on the next announcement which will be a huge crossroad, it will either stay steady or head on up up up. I’m not ramping, it is my opinion, but you will never see this share below .2 ever again. Bold statement I know.
I would not be surprised if we were back in the mid 30s this time next week, end of the month could be a game changer remember. Yeah the JV news isn’t what we were all hoping, but it’s possible time is just being bought to allow even more offers to come landing in the desk, thinking about it, and try and transpose the situation like you were sat in the board room. You not going to want to settle for a rushed deal. If this goes south then I think the guys at prem know this IS the end of the line for shareholder confidence - hopefully that focuses minds in the coming week or so.
If the ass was going to fall out of this company Imminently I’m sure people were not going to drop 40k in an after hours trade. Too many faddy investors who have spent to much time in lockdown watching YouTube videos of tracksuit wearing gimps making 30k out of a 100 quid, it’s all *******s most of time and when it isn’t, it’s pure unadulterated luck, like buying a lotto ticket. Zulu is good, see where we are in 2 weeks and re-evaluate your position. Don’t spend your days watching the ticker..
So I may be new to the table here, but I have been doing my own research for a long time in various shares but I have spent some time really looking at the chart for PREM - to me, the last significant dip happened in 2017 after people bought in at around .36/37. As the people who bought in there and choose to leave the table (where we are at now) the only way is up surely. I can understand many people just want to become whole, especially if they have endured for many years. The biggest *******s will hold on past there initial investment, and will hopefully be rewarded handsomely but I totally get why anyone would be happy to walk away. In my opinion and based solely on my opinion, research and risk appetite, .45 will be an absolute game changer for this share. It will be holding .50 from there on out, so long as news does not drag it heels.
GLA
I use HL, a little pricey but a nice app, and never really had a problem buying, unless you count Monday morning on PREM which was hectic! I like the quote and buy system! Just don’t have fat fingers ;) Good firm and a good name, wouldn’t trust the rampant cliche trading apps but that’s just me!
PREM, RNS tomorrow lunchtime would be nice!!