The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
I must say this doesn’t happen often, but it’s one hell of an experience riding on the back of a small cap stock. It’s like being on a rollercoaster, amazing. I’ve been in shares that move quickly but this one beats them all. It’s jumped 700% in five days, mind boggling.
I sold at a small loss here last Thursday and put the lot into HE1. Not only have I recouped my losses but making good profits, and it's still climbing. Sometimes you have to be ready to switch if the opportunity arises.
I'm expecting the SP to drop a bit now that we have CBs to execute. This can be offset by the cash Dermatonics generates . Once we can get accurate figures from Dermatonics, then we will know where financially the company is. We should get that information in the coming weeks according to SA. Expect the SP to drop some more. If it doesn't then market sentiment must still be strong around the stock.
Mol42 - That's why they're not getting full payment upfront. It won't work out well for them if it's discovered they have been massaging the books. I don't think the board are as naïve as some on here seem to think.
Well done to the board, Dermatonics I'm sure will add value to the company and that will reflect in this years Annual reports. The SP has dropped a bit since the acquisition but that's to be expected. Once the market has digested what this purchase means for the company, that will reflect in the market 'value. Wont be long before this picks back up.
Sold for a small loss over at ENET and bought in over here. Time will tell whether I've made the right decision. Done a little research on HE1 and discovered that helium is a highly sought-after commodity in the world. Seems like a better option of the two.
Was going to sit on my hands with this one, but after checking out HE1 I've decided to sell up here and move the funds over there. Didn't really want to but that's how the cookie crumbles sometimes, best of luck to all invested.
What's happening over at HE1 suits more the LT holders rather than the ones chasing trying to make a fast buck. Those who bought in under 20 are winning right now. Those jumping on board now will likely get spiked, not enough time to check over the company, and when you do, multiple red flags start waving, and you jump back out at an even bigger loss. Over here you know what your getting and the potential is there. Better the devil you know. Then there's also the possibility that you could stay over here and it drops a lot more and your at an even bigger a loss. You have to weigh up the two evils and stick with one. I'll be staying put for now, as tempting as HE1 seems.