Wow I feel sorry for shorters here, what a ****ty weekend you're going to have, not knowing how far it might spike on Monday, particularly as this closed at the top of the candle and trades were still to be filled.....
Garyn just had his gerald ratner moment "lol its on or around the date" ROFL.
Mkt closed with the candle right at the top, thus there were shorters that didn't manage to close out their positions, what a ****ty weekend they are going to have not knowing quite how high it might spike on the open on Monday....Good! lol
Well we have just had 2 great RNS's, but of course they always come along in three's I expect we will see another Director BUY from Ian Johnson, and then the biggie, the TA update early next year.
What a stock this is turning out to be, two big hitter appointments, a massive Director BUY, a clean up of the old guard, two recent FDA approvals a new sales team in China. I think another RNS to come and a TA which will at minimum confirm guidance.
I have reconsidered my medium term trading target as I expect 50p will be on the cards which would be the 61.8% fib retracement from the high of January 2018.
Oxford, UK - 6 December 2019: Circassia Pharmaceuticals plc ("Circassia" or "the Company"; LSE: CIR), a specialty biopharmaceutical company focused on respiratory disease, today announces that on 5 December 2019, Garry Watts, who will be appointed as Senior Independent Director to the Board of Circassia on 2 March 2020, purchased 477,340 Ordinary Shares on the London Stock Exchange at a price of 21.0 pence per share.
Prop5, I wouldn't look to this board for advice, that would be a dangerous thing, we are invested, or at least some are. The information you receive could be biased. Look to your own research, the information is out there. The company has some great propects, a reported oil find in both Serenity and Liberator but does not come without risks as the shareprice will attest to. Although as stated by the BoD's the trading was on volume and does not truly represent the company's asset position - We cannot and should not advise, you have to make your own decision on that I'm afraid.