Member Info for hawkhead

" then not watching that presentation would be a serious flaw in your Investing strategy"

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If you could tell me just one thing which may have been said at this presentation, Thomas, which you yourself would have said "wow. I didn't know that, I'm going to buy some more shares on the back on that info", then I'd agree with you. Other than that, I assume that watching the presentation is a waste of time for all of us who already know about FUM/MED. Also judging by the past week's SP action, new investors don't seem impressed either.

Listen, FUM has great potential but is still very high risk. Immupharma has lost 90% over the past year following poor Phase 3 results because of the placebo effect and as luck would have it FUM might have picked a bunch of patients who might get off by rubbing an inactive gell on themselves. IT MIGHT HAPPEN! Or the higher dose dries up their privates.

You seem to be full of anger today, daringinvestor. Correct me if I'm wrong, but I've not seen any new MED updates recently which changes the landscape of what I already know. so to sit through a presentation the length of a feature film which (I assume) is simply repeating the same stuff already known about MED doesn't appeal to me. Infact it is exactly that, sitting through a movie a second time you've only just watched.

Not the best post by you also.

The Ozzy Osbourne rather than the Toyah Wilcox version.

Shame no IIs appeared to buy into this following last week's presentation(s). Unless they need a few weeks to digest the info which is a good possibility.

Didn't get past the first 5 minutes of the webcast because I noticed it was well over an hour long. Worth watching? Also noticed Mr Barder chairing the meeting. Well, he is the CEO I suppose.

However, I'm guessing he's been relieved of his Investor Relations roll seeing Hildreth and Ken James are doing the proactive stuff, and Barder no longer taking emails. Wonder if this relief of duty was a unilateral decision or a collective one by the Board? Following his shambolic punchy numbers and boasts of closing a deal, I'm guessing the decision wasn't his.

Some would call it "A Shot in the Dark"

Well I think they are, Darkyhorse.

Zwartz - don't agree. If the wait was the case then listed bio-tecs would never get off the ground. There's always the chance of a pharma buy out or a stake build. FUM will be long gone (one way or the other) long before MED gets anywhere near commercialisation. Licencing is a red herring and won't happen, but the "price" of MED will be much lower than ramper expectations on here.

What's weighing heavily on this stock at the mo is the "hidden" indirect Lombard offload of millions of shares, and the recent heavy support has dwindled.

Remember that Lombard indirectly hold the shares so it may be on behalf of several investment clients. Lombard is just a management company and their latest accounts show they have no investments:

https://beta.companieshouse.gov.uk/company/07099556/filing-history

They're just a small privately owned company making their money through management fees and have net assets of just £26 million!

Just like Barclays Stockbrokers holding shares as nominee for example having to disclose an INDIRECT holding if they go above 3%. Then it's up to the direct holders to disclose their own holdings above 3%

Forget the buy buy buy. Only a temporary reprieve IMO with the sudden large demand for shares being almost immediately satisfied. Lombard?. Not ;looking good at the moment

Big bounce coming, buy buy buy!

:Looks like another good trading day ahead. Sell sell sell, this is about to take another big dip.

Can now sell my entire 100k for 15.66p so looks like a swing back up here. That was soooooo easy!

Wow, some tree shake that was! Just made a few hundred quid selling into it and seeing a sudden bounce off 15p bid and got the lot back (didn't manage the full 100k trading) as it turned. LOL! Get in there Hawky!

I don't think Lombard are done, far from it. Putting some dummy sells through the orders will not be executed. The MMs appear to be happy with their own supply at the moment, might have to settle for15p which is only a couple of grand profit this time round but still handy!

Yes we do, coolhandmoose, and far too many for my liking.

I see Lombard are continuing to shed shares, just like I said they would, I've got my finger firmly on the "sell" button regarding my latest 100k 13p acquisition at the moment as momentum has been lost and Lombard appear to continue to be supplying the Market with all the FUM shares it needs. And with still over 35 million shares to offload this could easily revisit sub 10p. Jittery times for FUM shareholders!

Happy 40th birthday in advance, rhodi. I've just added another tranche, 16p is bursting, gonna give anytime now. Set for a few more million trades again today.

Just thought I'd give everyone an update as to how I see it. As you all know, I bought 100k for slightly under £13k a few weeks back, selling last week for a £7k profit. I saw the tide begin to turn Friday afternoon and bought the same 100k for approx. £13k (great effort eh?) so I'm already up yet another £2k !!!

Looking strong again, will keep you informed if it looks to have another retrace,

The Hawk

…………... what the milestone payments might be?

Yes I also thank Mandy for her relentless ramping. I've made a nice few grand out of this, I bought 100k at just short of 13p a few weeks back and sold at just over 20p. Thanks rampers.

I've also called this absolutely spot on by predicting a Lombard disposal RNS and we've had a few. Looks like they've upped the ante and are now aggressively selling a huge chunk so I'm now steering well clear until we have some clarity - not even tempted to buy at this huge re-trace as the overhang is extremely heavy at the moment.

It's difficult to assess Lombard's strategy because it's an indirect holding "on behalf of accounts managed on a discretionary basis by Lombard Odier Investment Managers group." so there's no point trying to second guess why they're selling other than one of these client's not caring about FUM's prospects but only out to make a tidy profit out of the 30 million plus 7p primary bid shares.

Fair enough, Yesman1. But cast your mind back to this time last year when FUM had received coverage in the Sexual Journal and the SP approached 50p. If anyone at that time would have suggested FUM would be sub 6p by the end of the year they would have been crucified, so Rhodi's pessimism is not misplaced. All the signals are that the management are extremely confident in Phase 3, but this is the same management who were also extremely confident of closing a "punchy numbers" deal several months ago.

Having said all the above, the continued high volume and strong uptrend in the face of Lombards offloading almost certainly points to something significant stirring. I think it's linked to the recent RNS stating that "based on in vitro impedance testing concluded in late 2018" which may have been a concern by one of the potential partners (possibly the punchy numbers one) which might have been brought back into the parallel discussions at the turn of the year. It seems too much of a coincidence IMO.

As I've said, Friday finished strong (despite not being reflected in a SP movement) in that stock appeared to become skinny and a significant premium on a significant amount of shares was being offered, although it seems Bazzaman's take on the Investor Chronicle tip did contribute to Friday's interest.

We've now had 4 solid weeks of unusually high volume and if this continues yet again into this week then 18p could be broken fairly early, then we have those 2 presentations the following week. Looking very good here at the mo.

Thanks again, Bazzaman.

Thanks, Bazzaman. Could someone please post a list of the other 9 Investor Chronicle tips?