Member Info for Miggy007

Sharenews- see you tomorrow under a new account no doubt:). You have to love the one day wonders.

He'll vanish guaranteed. Good news is that once Acacia are done selling and I admit i have no idea what level or how many shares they will dump, the shorters will disappear too as they won't want to be on the wrong side of COPD results which could land within the next two weeks. This SP is then due a big bounceback imo.

Sharenews- Thank you for proving my point. Member from today is it? ******* jokers.

gkb- wouldn't surprise me in the least if a lot of shorting has been going on too in this stock. Wonder how zip tight Acacia are regarding the initial deal and the gameplan of dumping big chunks of stock. People sat in America knowing this was going to play out would have been stupid not to take a short position. Also explains the idiots who appear with new accounts as you said around midday to do a bit of deramping, friends in america talking the stock down to help with their short positions. Only supposition but does explain quite a lot when you think about it. Could also explain why some on here tolerate the negative folk. i.e. they may be holders but they may also have taken a short position as a hedge. Just my opinion but DYOR as always.

One thing i would say from today bearing in mind we now know we have had/have a big seller again in our midst is who is buying these shares?. Around 12m shares traded today. The way this share has been going im struggling to see how PI's would be wading in yet we still finished slightly in the blue today, any ideas?

try2buylow- I'm with you on that i think its disgraceful, lives are damaged and taken with those decisions being made. i do get it.

Hopefully with Acacia's business MO of patent litigation they may see SNG as a potential partner if the drug is successful. Certainly places themselves in a good position if they fancy partnering up with patent litigation. They operate on a 50-50 split.

I don't and i wasn't a woodford fund holder but glad you are happy with the return.

I think you may need to ask woodford fund investors if they are happy with the return of 224m when the biotech fund Acacia bought from link is now valued at over 400m.

Its been a shocking bunch of II's that SNG have been backed by unfortunately. Lansdowne, Griffiths and Link/Acacia look like they were all down on their luck (distressed sellers) or in Acacia's case clearing the portfolio at profit for them. It has impacted the SP for months now and may continue for a bit longer, although over 11million shares traded today so someone is shifting a lot.

As I said yesterday the company hasn't changed its ethos or product so principles are the same. Just a bit fed up like everyone else with the Institutional churn.

Just a reminder for those who may have missed it regarding COPD update:

We have received approval from the Medicines and Healthcare products Regulatory Agency (MHRA) to run an unplanned interim analysis on the grounds that data from 109 COPD patients with confirmed viral infection generates a useful safety, biomarker and potentially efficacy data to support ongoing trials of
SNG001 in COVID-19 patients. We expect to have data from this interim analysis in the Summer 2020. In due course we will consider options as to how to progress SNG001 in COPD.

The doom monger new postees just need batting away like flies. They are a temporary nuisance who will disappear into the ether when this SP hopefully starts to go north.

Probably a transfer although only a guess and hopefully Acacia have sticky fingers. Couldn't be worse than Link anyways who didnt care about SNG but were their to sell for ditressed Woodford fund.

solid buys going through now at 36.3p only being quoted 36.01 to sell for last ten minutes.

Destitute- you have won the Misery/Deramper of the day award. Warwick, Duble, Seb will be gutted.:) Four horsemen of the apocolypse.

So has Link sold their shares via the market or have they sold to Acacia? TR1's don't seem to give any detail on that.

If the link shares went to Acacia then I would be very surprised if they are selling that quickly as the deal was supposedly going to take months to finalise. If the link shares are not part of the deal and being sold by themselves then hell of a weird time to be selling giving they were sat their with them for months when the SP was between 40-70p.

They look like sells I agree. So an II still selling, nothing new there. Someone picked them up though and with luck heavy II selling will stop soon. Been going on forever It seems.

The doomsters distract from any interesting developments like our old pessimists Seb, Warwick, Duble D and others. They never add to the debate with any thing useful, normally start their own thread as they want the attention. It’s just so dull. If you don’t want the share to do well or you are genuinely not a believer in what SNG are trying to do then just move on to another stock and start whingeing their. Everyone left now will I assume hold until results and we are in it come good or bad.

I think this is a big development and a good opportunity for SNG, hopefully they will take advantage of this u-turn in government policy. Afterall what is the point of testing in care homes if you can’t offer the sick some help with fighting the virus.