.25 Feb 2020 12:06
Repost because some of you are chickens..... first thing's first movements are almost completely lead by the french exchange so no point ramping/de-ramping here
Ask yourself a few questions:
- Is the virus getting worse - yes
- Are FDA/CFDA, NHS talks, discsussions with 5 countries still pending - yes
- Are they funded - (circa 5m from sales, balance at 31/12/19 and warrants)-yes
- Is there any other CE marked competition - no
- Have any other biotech had skynews and CNN coverage - no
- Do we have a global presence and production capabilities to meet demand - yes
- Do the MM's have any more warrants/options to bail them out and take it down to 70p again - no
- Do you have any other stocks to buy in light of the current situation - probably not (maybe gold)
- Are people jealous/trying to deramp - yes
ALL IMO though