The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
30% in one day! That must sting.
That's a nice list, looking forward to quite a few of them. Its assuming we aren't back into lockdown in Autumn, which is not something we can be that sure of.
" 90% vaccinations in the US by the end of April"
That's not what he said at all. He said 90% would eligible by living within 5 miles of a vaccination centre by that date.
Its a company in such a bad way they had to change their company year not once but twice to make the accounts not look disastrous. Be realistic.
"Businesses operate to make money" How much has SYME made?
How is this worth so much more than Card Factory?
Trouble is the news of WallStreetBets being interested in silver as their next play was fake news. If you actually went to that reddit and searched for the word silver its quite the opposite. Most recent examples:
"The Silver Squeeze is a hedge-fund coordinated attack so they can keep fighting the $GME fight"
"There is no silver short squeeze happening. NONE. NEVER"
"DO NOT BUY SILVER!"
"We should be compiling links of sources claiming WSB is for silver"
"Note down every single person and News channel promoting silver using our name, and now you have a list of news channels and people not only manipulating, but they are insiders who you definitely can’t trust ever again. Their loss tbh."
You really have to check the facts on such stories.
I don't think so. Why would this share in particular suffer such a huge drop for that reason?
Yeah I sold a few minutes ago. I might end up regretting it, but having been up over 40% and it being either my top 1 or 2 profitable share to then breaking even. I just couldn't take it going negative on me.
AMC up 242%. Why do I bother investing in UK stocks I wonder? Might have to have a rethink on my strategy.
whoops... 30.8K comments.
I dont think so. Today's post has 30.8 comments so far! I think its something all of us need to keep an eye on. Interesting times.
They will mostly Americans so although we may get a boost like we did this morning, if you really want the gains you have to focus on the exact stocks they do.
"Control the Virus, Cure the Virus, Reopen doors and take off again."
Vaccines given in only a single dose, and the dose 3 weeks later being skipped or delayed 3 months. Do you really think government is going to succeed? They never have before, ever.
Have you factored in FOLE? Fear of losing everything.
Heart breaking seeing such huge drops day after day.
Every time I look away for an hour, then come back and its dropped another 1 or 2%. I wonder where the bottom realistically is?
"SYME is by far my biggest holding."
On purpose?
"I could be wrong but this wreaks of a preempted move"
It might be interesting to see who has been their auditor previously and how long they have been using them. Suddenly changing auditor might be a sign of a serious problem or irregularity that the old ones refused to overlook. Especially combined with the extending and shortening the same financial year.
"So in June 2020 they added 6 months onto that year, meaning it would be an 18 month year.
Then this month they take off 9 months meaning it will be a 9 month year."
This is the bit you need to focus on, and ask yourself why they have done this?