The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
You know another great thing about graphs? You can take different date ranges to back up any point you like, be it positive or negative.
This share barely follows the technical analysis of experts who go into depth. So why would your naïve 'technical analysis' provide any insight at all?
You were all saying the same things last month when we were in the 140s before we retraced back to 100p.
In the past month we have moved up and down between 100p and 150p and all through that people have been using the 'NT to buy' and 'NT to sell' BS as a reason why the share price is about to rocket.
People here have demonstrated repeatedly that they know absolutely nothing about where this share price is going.
If there were decent sales then they would be reporting it for two reasons. One, they are bound to release price sensitive information which initial sales would certainly be. Two, they would want to share this success with shareholders, out of respect for them.
Anybody who claims that news is being 'saved up' so it can all be released at once is, quite frankly, lying.
DrM, I agree that something doesn't feel quite right but I will see it out. I can't see us not getting approved and when they come, if nothing else, should provide a spike upwards which may present people with an opportunity to exit.
I don't you, me or probably anyone on the board is aware of all of the dynamics regarding reasons why a good product isn't selling. So while you might be right, price could be an issue, I think claiming that it's the only realistic reason is probably a bit of an argument from ignorance.
If I didn't believe there was profit to be made here, I would of course sell but I think the potential of getting anywhere near NCYT is long gone.
Ok so the EE stuff we can completely disregard because the source is not verifiable nor has any reputable source reported it.
And the India stuff - Twitter? LOL
I mean, I am not particularly positive about GDR right now but come on DrM, you can do better than this.
I guess we don't know.
When they converted, the usual crowd were saying how it's great news as they must know something is coming! I imagine BGF selling is also great news in some way too, waiting to hear that one.
BGF will be converting the rest of their loan note at some point which will add a further 6.7million shares. Maybe they are just clearing the decks prior to that?
Another beauty regarding NCYT was from one of the posters here called RollingInit. He claimed back in May that the NCYT profit margin on tests was next to zero. Whoops. One of many, many bloopers from that guy.
https://suite.endole.co.uk/explorer/postcode/m13-9xx
Here’s a bunch of other, unrelated, companies who have the same address. Interesting...