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@At_Home
Regardless of the company, it’s still an AIM share so it will go violently where it goes. Nothing any of us here can do. They will take it down and they will take it up. They make their money in these quiet periods by doing just that. Dropping to shake out the weak for them to be bought by those with a longer timeline. It’s all just froth in the short term. You can try and trade for a bigger holding or just sit it out.
This was actually a relatively useful post for once.
Good post. Look at future earnings potentials, look at market conditions, look at competition, read other analysis (such as Myles papers summarising Avacta opportunities and touching on some competitor valuations, or Zoes thesis). Do not listen to these guys quoting share prices and attempting to totally derisk the share.
Jones - "Sounds very positive, so an sp of around £35 is required here to match ncyt rise" - this guy can't do key stage 1 maths never mind give investment advice.
Considering another top up, although volumes very low at this price. Market seems to be holding it's breath a little (perhaps anticipating an RNS tomorrow).
If no news soon probably some opportunities to top up 80-90s again. With the volatility around this stock it will have attracted a lot of short term traders.
Expecting a repeat of today, pretty much every day until there's news. No surprise to see the 80s again. I'm actually more surprised that it's as strong as it is at this price. I guess we're all banking on a Wednesday RNS ;)
ODX was a good punt for some but boat has sailed on that now.
I'll be keeping an eye on Avacta, I'm sure we will see some down movement this week before news, especially with movement on the ODX and NCYT - 87p to buy now.
Enjoy your day!
Hey comek2, I don't know what crazy backroom criminal mafia society you think I'm part of, but nice to get a personal reference there.
Anyway, the dream is to ride ODX short term, jump into an Avacta re-trace and ride the encology success to the moon.
Good luck all.
@Olderandwiser - I think this is what we're all waiting to be revealed right? Next RNS will have to provide more detail on the success of the affairmers and the strip.
Interesting to see if RNS tomorrow am off the back of the no-news sp rally last week. Somebody knows something we don't.
If there share price was £50, here's a list of companies Avacta would be valued near to or more than:
- Aviva
- L&G
- Hargreaves Lansdown
- Coca Cola UK
- Interek
- Flutter Ent. (PPB)
to name a few..
I'll let you guys be the judge of that 12 month prediction.
@Green23. You know without people 'spreading fear' as you call it, there would be a lot more people losing a lot more cash. I've no doubt you're and your type are one of the many facebook posters from the crypto bubble a couple of years back. Tons of people lost their life savings because of the hype seeping onto their feeds, they see all of the upside and none of the downside, and nobody is there to educate them otherwise.
Risk by definition is the abesence of certainty, there is ofcourse downside risk associated with this stock, just as there is upside risk. It doesn't do anyone any harm discussing the risks. There is a bubble around covid stocks that will cost alot of people a lot of money, but does that mean Avacta isn't a good long term punt? No.
Even though crypto was a bubble and is inherant with all kinds of risk, I own 10 bitcoin because I believe in the fundamentals. I'm looking at loading up on Avacta shares because I believe in it's fundamentals, I'm just on the fence if now is the time given the COVID bubble around all of these stocks. That being said, I do fancy this market bubble to ride Avacta to £2 before it all pops, and ofcourse it would be nice to have a piece of that pie. Decisions decisions.
I'm getting easyily sucked into these petty back and forth nonsense posts, so in the interest of not clogging up the board I'll try avoid responding to anymore of them - but as you've probably noticed there's not much to do in lockdown and I tend to not be too good at ignoring them ;)
I am very interested to see how the market reacts tomorrow.
On the face of it, the last news we had was last Wednesday, and we hit a high of 97p, before a significant drop back down to 65p - stable here for a day. Then there was the ride to 93p from 3:30pm on Thursday.
I see only 2 scenarios here:
1. The stock has gone up off the back of no news, in which case it's fair to expect a small retrace (probably 80p?), especially if MM want to mop up some shares off stop losses for the 93p buys Friday.
2. (more likely given the trading volumes) The stock has gone up off the back of some news we just aren't privy to (in which case £1+ in the morning!)
Exciting times for Avacta
I think the most important thing for ending lockdown is an antigen test.
Ultimately, if results are within minutes, then this presents a lot of opportunities for door testing so large public events and workplaces would be able to reopon.
I don't really understand the biology enough - if you have the antibodies, presumably that doesn't necessarirly mean you can't spread COVID still?
You're in dreamland with 65p. This my pull back slightly as people take a profit, but honestly I see furher RNS coming out this week re commercial deals to push it into the £1+ range.
Alistair doesn't strike me as the type to alude to new deals unless he's confident of closing them.
Hi guys, been on this forum as I'm a long term Avacta investor. The chat over there and the daily mail article has led me here. Can anybody give me the low down on this business? Are we expecting big increases off the back of the news?