The Race has just begun..Avacta15 Jun 2020 12:21
Morning to you all...This morning was not unexpected in my view and whilst none of us can predict the future all CV shares at present are following the market down...As some of you know, I come from a horse race betting back ground and you can get live prices on the Betfair Exchange for every second of any race...The bookies or layers give their prices and the punters or backers , either take the price or ignore it..however, if a horse before the off was 2/1 ...often during the race , the layers frequently offer far bigger prices for the same horse because the layers are looking at all the runners in the race and the 2/1 favourite might be held up at the back of the field, meeting trouble in running or simply running its normal race...The problem is ,if you are inexperienced at watching races , you may start laying the very horse you have just backed because you now think your winner is a gonner...Shares over days and weeks are like the race seconds in a race....believe me being a successful layer is harder than being a successful winner..many will disagree but you try it and you will soon find out .
Before, buying into Avacta I studied every bit of form I could get my hands on but in the end my decision gave me the confidence to invest and either way , win or lose I will not be losing sleep over events today...even if Avacta falls to 50p.
Accordingly, I rarely take bigger prices in running for my bets and do not bother to lay my winners if they look like they are in trouble, ..often, things are not going their way or just running their normal race..What separates the winning punter from the losing punter is the ability to see the reality of what’s in front of you...many will disagree with your choice of horse both before and during the race but as is often the case , what really matters in any race is what the horse does is in the final furlong of a race...as that is where class comes into play ..not during the early seconds of a race..Avacta are still in the early stages of their race to bring the CV and cancer treatments to market..competitors are everywhere trying to beat Avacta but I know one thing and all of you who have studied the form of Avacta know this...the products are potentially best in class but right now some shareholders only see the problems ahead and have bailed out..for fear of losing all that they have invested...Very few make big money on shares and some view those that do as clever, they may well be clever but they are as human as you are and if you read this BB you may think ‘I am a gonner and I need to get out now before the price falls further.’..However, if you are researched , patient and able to afford the luxury of giving Avacta the time it needs, the prize money will be secured ..it will not do it in days ,weeks or months perhaps , as the race is a long one but if what I have read, seen on video and believe is true, Avacta will cut through the field and deliver the results we hope for .LP
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