Stay Calm and Carry On23 Mar 2021 09:43
A little profit taking is only to be expected after Friday and Monday, Day traders will come and day traders will go let them have their fun and like wilderbeast they'll move on to pastures new. My strategy for FUM is to buy and hold, daily fluctuations are neither here nor there, it's where this company will be in 12 months that really matters. FUM have never been in a better position than they are now to maximise on the EU approval. Let's get the US FDA trial underway and whilst that's going on in the background no doubt they'll be in commercial discussions for the UK & EU territories. People need to stay calm and not panic. If you bought at 80p yesterday you might be twitchy today but just hold on to them as they'll be over a pound in 6-12 months. The fundamentals are strong for this company now which hasn't always been the case. It may even drop back to 50p but so be it, it'll rise again stronger on commercial partnership news. Big pharma won't want to miss out on this product now we have all the testing and EU approval in the bag.