Member Info for Magsy18

Honestly, do people forget the basics of markets when trying to convince themselves of things.

I think realistic posts are the ones that most welcome.

What's your thoughts on the 170p by the end of the week that you were talking about before yet again your unrealistic expectations were smashed?

It really isn't odd. We have been going down steadily for weeks and this is the 2nd product based RNS in a row which has not met the expectations of investors. Investors sell on news.

Yes, let's scurry around trying to find reasons to justify the drop. Just take it in the chin lads.

I doubt DB is ordering the news based on how he thinks the market will react to things. He is simply updating the market with information as it becomes available. There is nothing special about the timing of this, they just completed a milestone and reported it. Simple as that.

And of course, as with all drops, there is something suspicious about it! No one was suspicious when we hit 150p last month based on nothing. The reason for the drop is simple - there isn't enough buying pressure to keep it up.

I am one of the people who, back in May, felt that GDR had the best potential for gains out of the COVID stocks. Obviously I was and still continue to be completely wrong. However, I still do believe that I will make some profit here (my average is in the 140s) and although there are probably better gains to be made elsewhere, after waiting so long, I don't think I could handle seeing GDR rise if I had sold!

Haha just go back and see the people who were calling 130p+ today.

This is back to where I expected it to be with no decent news. As always, if LTH truly are LTH and still believe that sales will come at some point then there isn't anything to worry about.

I'll just leave this here. Always nice to find an excuse to show irrefutable proof that twitter twerp MOIL is a liar.

https://mobile.twitter.com/Moilgas/status/1314834781805346817
https://twitter.com/EpistemBiotech/status/1315005134750056448?s=19

If that happened the GDR share price would go absolutely crazy.

It won't happen though.

Why would I sell up?

I see you missed out Africa which was also one of the targeted areas.

SA has given us nothing yet.

Just to be clear, Croc, are you suggesting that initial revenue generating sales for a new product launched 5 months ago would not be newsworthy or price sensitive?

Saying there there have been no completed sales to date that we know of is a true statement and given that GDR have consistently disappointed, why would anyone assume something without having actual confirmation from GDR themselves?

...but there is a good chance it won't happen.

It's a grey area unfortunately. I do agree that once you have established regular sales that updates would then be acceptable on a periodic basis but initial sales of a product that launched 5 months ago is 100% price sensitive and they should release the info.

NCYT did it, no reason we shouldn't.

We have zero completed sales unless GDR are keeping this price sensitive information to themselves. Indicative sales does not = revenue.

I already said the news was positive in the long term. It’s irrelevant in the short term as we need sales.

My agenda isn’t hidden, I am quite outspoken on GDR. I have have been consistent in my views since I invested back in May. Of course I could have just spent 5 months lying but it’s unlikely.

Investors can be disappointed with the current progress of companies they are invested in.

Apologies if that concept is difficult to grasp.

They have ‘over £1m’ of indicative orders, they aren’t completed. Divoc have not confirmed they are using our test, in fact LP said that he had been told it wasn’t our test.

I really don’t think it is beyond you. Let me help.

Good products don’t pay the bills. We already have a world class product that has so far brought us zero revenue.

It is fantastic news in the long term I agree but it’s just not the news we needed right now. I am certainly a little frustrated about the situation but on we go.