The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
KungfuEric...Woodford has backed a load of dogs recently. These so called experts eventually get it wrong, just like you and I. Thelix is right....stick rigidly to a stop loss and never invest too much in any one share....spread it around. Your profits may be smaller, but so is your risk. Nothing worse than seeing your money evaporate in front of your eyes.
This is going down the pan faster than a King Richard the 3rd.
On the OXP board, no one can hear you scream !.
Thelix...for you to even mention the words " dead duck " is a turnaround and quite worrying...a far cry from the heady 3p days of plenty. I would be crying into my beer, but for the meteoric rise of UKOG these past few days...and at least their BB is alive. I am still holding here,....just !.
Obviously not !. It does say that all resolutions were passed....so pay rises all round then !.
Thelix...so if we don't get a good partner, we are stuffed then ?. From the tone of your blog, it sounds a long haul anyway. The Mail's Midas said recently that very, very few small pharmas ever make any money....and this looks like another one for the scrap heap. Not even a 20k buy today, could hold the SP. Methinks that my previous prediction of 1p , won't be so far off. I wouldn't like to be in the BOD's shoes at the AGM.
I wish you luck with this share...you will need it !. Lost a bundle on this one early in the year...same scenario...price rises temptingly and we all pile in...then BOD goes silent for months and price drops. Of course, it may be different this time ??.
Not the result we would have liked....but not a disaster. Thelix is right...this could still be profitable....but only if the BOD get off their backsides and market this aggressively. I only wish that I had more confidence in their commercial abilities. If the SP falls any lower, we could be taken out for the cash value alone.
Crisp1n...I am not a shorter......never have been . I was bullish on OXP to start with, but then my 20 year trading nose began to sniff a dud....and I've had plenty of those !. Take today...another 3% down and 1.5p support was breached...still silence from the BOD. I have taken my own advice and offloaded 40%.of my holding today. Feel a little better thanks !.
Hi Ctw...it's obvious that the MM's are trying to keep the price in a tight trading range 1.5-1.7ish. Why ?...well, you can be sure that it's not for our benefit. Being a cynical kind of guy, I would say that the MM's are trying to wring every last trade out of us, before this share goes bottoms up at the AGM on the 19th.
1p will seem a good price in a few weeks time. This share is going down the pan fast. No support at current levels, losing 2-5% per day, no information from BOD.....yeah, this is a great investment !.
I see that RedX Pharma has just gone bust. Also engaged in enhancing the characteristics of existing drugs. I know that OXP are better funded, but it can't help sentiment towards this sector. The only thing that keeps these minnows afloat is news, news and more news....of which we are woefully lacking !.
Hi T.R.....You didn't believe all the hype did you ?....yeh, so did I...more fool me. Now the reality has set in....no product, no market and no information. Still, the share price is holding steady around 1.6p....was expecting 1p by now. I believe that the AGM is on the 19th June, so the BOD can't hide forever.
@hitman....Yes, but which Christmas ?. Can recommend Wilko quick dry satin wood paint, if you have a short attention span. Looks like we will get our 5-a-day....that's another 5% drop !. Have you noticed the lack of postings from previous so called " experts "....probably down at Wilko too !.
Masters...so sorry....dead money IMO. Know how you feel....lost a packet on GAH [ went bust ] and EOG [ multiple fund raisings in quick succession ]. That's why I'm just glad to get my stake back, if things go sour. I have held other companies for 10 years +, so used to waiting. However, I have got a tingling in my roots about OXP....just don't like BOD's going zombie....often have something to hide. And yes!...I did ask for a french polish at massage parlour...got the sap flowing, but too much staining !.
Damn !....you found that old video of me pre - infestation. Looked pretty good though !. OXP holding around the 1.70p mark...must be NAV...am hoping for predator....would willingly sell for 3p at moment. BOD are testing our nerves with this silence. Thank you for having a sense of humour....you need it here !.
Kick a man when he's down would you Masters.?. Wait till you get a fungal infection !
Yo Tivv...Don't need to swap into another duff share....can stay here and watch my money go up in smoke. Like you I'm laid up. Took my wooden leg in for annual service. Been told its got Dutch elm disease, ash die-back and gall wasp infestation. Soon I won't have a leg to stand on !. Have a nice day sir.
Blue all day...then one piddly sell at end....and down 3%. Talk about blatant manipulation !.
Not in a good mood today !. IQE and Van Elle up again. I had a potload of these and sold to buy....er, OXP...Grrrrrrr !. Are you sure this isn't a Russian company.....everything is always red !. Still, only down 1% today....mustn't grumble !.