Member Info for JustHereForHemo

I cannot believe anyone is opening shorts at this point. The very fact that the traders/shorters have all gone silent just proves that everyone knows its highly probable the FDA will lift the CH and nobody can possibly know if its coming tomorrow or in a few weeks. Much too high risk to play with shorts, a bit of trading? Sure, but not shorting, not now knowing whats coming.

Interesting fact... you can get a live quote to sell OVER 5million shares in one transaction for 2.6p That is pretty unheard of with Hemogenyx over the years.

For once I agree with pumpkin :-)

Don't care. Those people who say that are traders on here who are chasing the next big thing. I don't care what they think, either way they will sell when they get bored. I care about prevail, I care about the fund managers who start buying into a CLINICAL Hemogenyx. The value of Hemogenyx has been dominated by traders for so long, time to get some investors in who actually know what end of a needle goes in your arm.

If someone sells at 3p then you can bet your ass they will sell when ind lands for 5 or 6p. So let them sell now, absolutely no issue with profit taking.

I agree, IMO there will be traders and maybe some LTH derisking slightly above 3p. No problem with that. Mms need buys AND sells, we each must make our own decisions, me? 3p is not even break even I think, no chance!

Technically they are clinical as soon as FDA approve clinical trials, not expecting it to be like flick of a swich and we gap up to 9p(100m) but you can be sure when the FDA does lift the hold there will be a series of updates, each attracting attention and flurry of interest. Lifting of CH is important, probably just as important will be the funding arrangement for CAR-T trials, a public placing in February is possible but unless the SP is significantly higher will not be useful, more than likely prevail will make a further strategic investment, hopefully 6p+ again which will really set the cat amongst the pigeons. Then with prevail making updates on the clinical trials etc I would expect us to get up to that 100m+ ball park pretty quickly.

I agree Matt, good indicator is twitter, there have been ZERO tweets that I can see about hemo today, none, zilch! So the usual P&D traders have not even had a sniff of Hemo. It is fantastic to be going up solidly like this without their involvement. I am sure they will still arrive at some point, but they will be paying much more than us for the pleasure :-)

IMO 100-300m mCap for clinical, based on the fact that all the similar small cap pharma with CAR-T for cancer were in that range or higher and all licencing deals I found were at least that figure. So it stands to reason that Hemogenyx will attract a similar valuation once it is in fact clinical. Of course when you take into consideration the potential for CBR, the impending patent cliff that has big pharma desperate for acquisitions and the possibility of major cash injection once they are clinical my valuations could be way under. I will see how it plays out, unfortunately Vlad has me stuck here, whilst I might top slice a small percentage at some point I am unlikely to be able to take advantage of any significant spikes.

I view IND approval as just a small step until Prevail inject cash, then a small step until trials start. I fully expect a ramp up of CBR to start as soon as the company is clinical and secure that first sizeable cash injection, and because it is a platform I expect horizontal scaling with multiple strands providing updates, It is also possible the CDX licencing was somehow contingent on Hemogenyx going clinical.

We KNOW there has been progress all around, but no brokers notes, no website, no updates on most candidates, everything has gotten backed up behind this Clinical Hold, the plug in the dam about to be pulled..... So... How the F am I ever going to get the balls to pull the trigger and sell more than a handfull? Thanks Vlad, you have really sucked me in here :P

Death and taxes, nothing else is guaranteed :P

Dhub and davie... you can sell 5mil at 2.4p :P (I am not!)

We will not know what Hemogenyx is worth IMO until 2 conditions are met:

1, MCap > 50mil

2, Hemogenyx are clinical.

Spoken to many people in the past who work for funds, online forums, share sites etc and none of them were willing to look at Hemo whilst it was below 50mil. Many of the pharma funds have prospectuses also that look like Hemo would qualify to be held but again minimum mCap AND clinical status required.

So enjoy this build up, traders will buy and sell and try and make a few quid, good luck to them, but serious games start when Hemo hits those 2 key constraints and we see who buys in then.... Tick Tock!

On a more depressing note... Looks less likely that I win the Bingo today, but I can console myself with my loss, who has tomorrow?

I say, that put a smile on my face :-)

Move on. IG dont lie, if they say all customers now long then thats the end of it. Only need to print a large balancing trade if they did not have enough people selling/profit taking to cover the closing shorts. Also as pointed out it was 7% of IG stock, NOT 7% of all stock in issue so only around 6m shares.

That aside, looking great today! slowly creeping up and its NT to buy again at 2.7p

The rules of the game:

" who gets closest to CH lift "RNS"." - So if its on the 22nd then myself and 2 others win :P 7am or otherwise. For it to be 7am I guess the FDA would have had to have responded to Hemo on Friday and there was not enough time to get it done before tomorrow, its possible, after all the shorts on IG are all closed as we have been debating and there are no trolls, so maybe they know something? ... Personally I doubt it, Vlad has been very good at stopping all leaks so I think traders just decided its not worth the risk. If I win tomorrow its a fluke, but I still hope I win :-)

Guys, just relax and enjoy whats coming.

But yea, IG have 85ish mil, so a short ~6mil closed, HOWEVER they are not always printed, there was alot of selling and profit taking on friday, IG only buy or sell shares if necessary to offset risk, for a small number of shares they wont .

Probably easier to think of short positions on IG as betting rather than actual short shares but I understand why people get confused...

When you buy a share you own the share, its in your account, thats what most of us on here do, when we decide to sell, we sell the share and done.

The shorting we all are familiar with is where a broker for example will fill an order, sell you or I shares that we want to buy but the broker does not have (YET) that is naked shorting and the broker expects to cover that by other PIs selling. The other form is people who approach a platform like IB, and "borrow" x million shares, they get placed in your account for a fee and you have x days to return. You can just let them sit there or you can sell hoping to buy back cheaper.

What we see on IG is different.

Some people who use SpreadBets or CFDs BET/Gamble the SP will go UP (They buy) or DOWN (They Sell) IF there are 2 people and one goes long 1m shares, the other goes short 1m shares they cancel each other out, IG wont have to buy or sell any shares on the market to cover. If that was the ONLY shareholders in Hemo on IG it would show 50% short with zero trades printed anywhere. There was a fair bit of selling/profit taking on Friday, if the shorts were closing at the same time then they would zero out some of the sells from profit takers meaning IG would not have to buy shares on the market to cover. Bottom line is we dont know the exact numbers AND IT DOES NOT MATTER.

The shorts are closing, trolls have moved on, FDA have like 2-3 weeks max and its looking like a fantastic week ahead.

Bobby was reporting what IG shows on the website this evening, what is printed in coming days is irrelevant. Guys, its late evening, chill, have a drink, lets see what happens tomorrow.

Apologies! Bobbyjack09 you ARE correct about IG! I checked close of play on Friday and it was 7% I have just checked IG.com and its now showing 100% long

Spreadex is still showing 17% Short. On the one hand I am disappointed that shorts have managed to close, on the other it is reassuring to know that everyone is now accepting that keeping shorts open at this point is a very foolish idea. It corresponds with a complete and utter lack of trolls, no sign of certain names in weeks now...

Ig report 7% think that's around 6m, spreadex it's 15% not sure what that corresponds too, interative brokers, have t checked in weeks. Those percentages are of total shares held by that broker not ALL shares listed so not a huge number, really can't be sure overall shorts, not enough for a huge short squeeze but still enough to make it interesting 😊

I have tomorrow on the FDA bingo, fingers crossed, slim odds as the FDA have another 3 weeks but it's certainly possible, good luck everyone!