Member Info for JohnHenry

SUM1 the price is simply unwinding an overbought technical position until solid news.

TILS is a news driven stock so very much a trading stock.

With no clear horizon of short term news, SP will get sold down until tech support materialises and demand out strips supply.

i use charts to see where that support may materialise.

Purchased a few today scale in.

area is failing, techs looking pretty abysmal. Buyers need to come in at this level or its 100p

identical to yesterday with MARX selling the overhanging Invesco stock.

G.Star i suggest you do some research and maybe learn a little about market supply and demand.

Note the shares in issue

MARX has a tranche of Invesco stock overhanging the market

Demon its always best to call as sometimes they havent change their position online.

in Marx is on the offer in a few UK covid related stocks, they may have an institution selling out of this sector.

wrong Demon the reason SBs stop taking open position is for 3 reasons
1The market cap has gone below £10M
2 They have reached 3% of the issue in open position.
3 Broker has raised the Risk premiums.

boom

IG s brokers have raised their risk premiums.

Padrock IG are not taking open positions

Take out non core and ORPH will need to be generating £350 -£500 Million a year in revenue to justify a MKT Cap of £1 Billion.
Pharma services companies valued at 2-3 times revenue.
Using PE lets give ORPH a PE of 15 Profit of £60_70 MIllion a year needed to justify £1 Billion.

Yes

Yes they do have a shed load to sell, however imo they are selling in blocks.

Witness today almost 100% buys, heaps of buying @ 31p yet the SP barely moved.

latest Tranche has been sold SP goes to 35p aimho

Institutions still selling.

Covid Testing sector is being dragged down by the constant decline in NCYT.