Member Info for Lakshmi888

Im still confused?? :( My brain hurts;)

That post completely contradicts what you and I do ie trade via TA even though TA has nothing to do with recent dvpmnts at MTFB so either you or me is having a senior moment.

It cld also be both of us of course...:)

MTFB bb is making me bite my tongue harder than Ive ever bitten it before but nowadays I cant be bothered correcting pis. Not like the good ole days of FARN lol.....

Prefer a quiet life nowadays...Let 'em real out the nonsense/c**p/laughable conspiracy theories:)

Huh??

Not sure what TA has to do with what has happened at MTFB or its relevance with the current situation which is more to do with fundamentals than TA...

Talks dont really matter.

Yday's poor data led to a sell off whereby all indices tanked and hit first targets shown in charts of 2 days ago and almost hit 2nd targets such was the extent of the drops.

Significant sell offs just before close for past 2 US sessions shows how nervy markets are.

Most know Trade Deal not going to happen yet and in any case one wld assume they are factored in to a large degree anyhow

Truth is marlets are not moving on real news. Else wld why they continue to rise on poor ED and the fact Trade Deal still not yet done nor shows signs of being so for the foreseeable...

It's so incredibly tedious and just one of the cards left for Trump whenever actual economic data like yday shows what state the economy is really in ie pull out the Trade Deal, Government Shutdown, Wall etc cards.

So bored with it all...prevents 'real' market movements for weeks, if not months, now....

I literally NEVER go on any other bbs and post or even read them for a v long time. Ive remembered why.

The nonsense and egos of some on FUM made me do a runner quick smart, cldnt be bothered with a few there who think they know it all but actually don;t....

MTFB is just a class of its own. Or maybe they're all like that and b/c I no longer read any of them, Im clueless at the level of stupiidty, ignorance and egos on the bbs.

Dont know, dont care but not hard to understand why most on AIM lose £££ in the L/T....

And b/c my b/g is Pharma, guess Im less likely to suffer fools gladly....and trust me there's plenty of foolish posts on there...

I seriously need a quadruple dose of sucrose....maybe if I only have a triple dose ie if I reduce the dose, it wont affect my pancreas at all. lol....Ahem...;)

Can see pis getting spiked on MTFB soon.....AIMHO....

PS G/M:)

As said yday, a trade is a trade and admittedly been in and out of MTFB a number of times since yday BUT that bb is a stark reminder of why not to read bbs on LSE anymore.

Conspiracy theories re the FDA, shutdowns as excuses for delay (seriously!), 'tweaks', 'reducing the dose' so as to reduced liver side effects (give me strength!!) cos it's really that simple isnt it ie let's just change things such as dosage, efficacy, administering mode etc as we go along pmsl, reducing the sp so ppl higher up cld buy in (??!) etc all cited as reasons as why it was dropped.

The level of stupidity simply astounds. Obviously NO CLUE how Pharma or the FDA work and trying to make themselves look clever but ironically showing their complete ignorance of how Pharma /CT/FDA approval all work.

Not even worth correcting them.....

FDA will have provided MTFB with additional info when submitting the CRL as to reason of rejection which MTFB have not yet disclosed.Why?

Until RNS'd no-one knows anything so put your stoopid conspiracy theories asides. FDA have legitimate reasons and until RNS'd we dont know what the extent of remedy will be nor how long nor how costly.

But definitely NOT a simple 'tweak' FGS else dont you think MTFB wld have stated that in the RNS?!!

#FGS

Nothing changed here from 2-3 months ago.

Daily chart. As long as lows hold, chart remains valid.

https://imgur.com/a/O9XPSrw

GLA:)

In case anyone is int'd:

https://www.accessdata.fda.gov/scripts/cdrh/cfdocs/cfcfr/cfrsearch.cfm?fr=314.110

https://www.govinfo.gov/content/pkg/FR-2008-07-10/pdf/E8-15608.pdf (See page 3 Table)

Right, done for the day. Im outta here. Have a good eve one and all! :)

Hope this helps LTH. They shd have provided further details within the RNS today.

Pretty disgusting they didnt as going by the links below, they will be in possession of add'l info. GL to LTH esp.

https://www.accessdata.fda.gov/scripts/cdrh/cfdocs/cfcfr/cfrsearch.cfm?fr=314.110

https://www.govinfo.gov/content/pkg/FR-2008-07-10/pdf/E8-15608.pdf (See page 3 Table)

HTH

''Motif Bio plc (AIM/NASDAQ: MTFB), a clinical-stage biopharmaceutical company specialising in developing novel antibiotics, announced today that the Company has received a Complete Response Letter (CRL) from the U.S. Food & Drug Administration (FDA) regarding the New Drug Application (NDA) for iclaprim for the treatment of acute bacterial skin and skin structure infections (ABSSSI). The CRL states that the ***FDA cannot approve the NDA in its present form and indicates that additional data are needed to further evaluate the risk for liver toxicity before the NDA may be approved***. Motif Bio plans to request a meeting with the FDA as soon as possible to discuss potential options to address the deficiencies.''

I personally dont think this part bodes well:

''***FDA cannot approve the NDA in its present form and indicates that additional data are needed to further evaluate the risk for liver toxicity before the NDA ***MAY*** be approved***

If additional data means further clinical trial data, that's going to be a massive setback, extremely costly and very time consuming. And event hen, they say *MAY*.....??

But I guess clarification is required as to exactly what the FDA wants and until then everything else imho is supposition....

How the h*ll it got to this stage before this issue was eventually addressed, goodness only knows.....??!!

as thought, doesnt like the news re MTFB and just not buying it....

US far more stringent re Pharmas' negative issues than UK/Europe

Gaps to be filled at 'some' point..

Sooner rather than later w some luck....

https://imgur.com/a/akYnWI3

https://imgur.com/a/3qgX2tE

Target 1 hit here also from charts posted yday eve......

Turning into a not so bad day;)

Chart from yday updated

Target 1 hit! ;)

https://imgur.com/a/BKLtlx3

Target 1 from yday hit already:

https://imgur.com/a/2C1QOXN

Indices getting walloped currently:)))

For those currently ramping /trying to spike others on MTFB bb currently, well I now see this but hey, WTHDIK...

https://imgur.com/a/kh5zXYO

Rampers, carry on telling e'one it;s going to hit 20p today. Not sure why seeing as 25p was the support for a v long time prior to the rise that began in Dec. The recent sp was at a 'premium' and not where MTFB sat for a v long time

Gap or no gap, some shd stop spouting c**p until the company release an RNS stating WTH has happened....this morn's RNS gives away v little.....

Focus to US now.....:)

Banked. Out for now. Expecting a retrace...............aimho....

All taken different times throughout this morning so no being wise after the event lol but targets were in yellow recs:

https://imgur.com/inrvb86

https://imgur.com/e4zQ7Gn

https://imgur.com/EPI6SvO

Sliced profits here; 50%+ not to be sniffed at . Next target areas possibly:
https://imgur.com/a/eJdJow4

But with US open, who knows. They normally 'slamdunk' pharmas that 'fail' in any way.....

#BankBankBank GLA:)

This was worth a trade all day long but anyone saying it is oversold and all the normal c**p hasnt a clue.

A pharma share can NEVER be oversold. If a drug fails or is not approved etc, there is no grey area. It is black and white and catastrophic for ANY pharma company including the likes of Glaxo etc

Until more is known, everyone on that bb is simply guessing at mo and the sp will undoubtedly rise on sentiment and speculation....

Hence why I traded simply based on techs.....and def'y not 99% gumph currently on that bb...

*sigh......

MTFB posts and no doubt 395 guesses re sp.

No-one providing techs /credible justification. Just pull a figure from the sky, any figure will do, lol....

Everyone a sudden expert on Pharma & trials.

Only on AIM.

Using 1, 5 and 15min charts so have a ST exit but that bb currently...seriously!

#MindBoggles