Member Info for MR.Spacetomato

Blownitalready, this was from an interview of many days ago given to RSM (you can watch it on youtube). I almost know it by heart now.

It works like this:

You take your cornflakes from the cabinet and place it on the kitchen top. Then your saliva and place it in a cup. You then take the milk from the fridge and place it on the kitchen top.
You then mix the ingredients that accompany the test with the saliva in the cup. Shake it and plug the kit on the wall.
You then pour the milk into a bawl and insert the cereals in bawl.
I assume you eat the cereals in 10 minutes (exact portion of cereals was not provided). By the time you finish it your test results should be available.
DYOR.
Wilson

Sorry for the double post.

This is what I found on the other parties in the CONDOR mentioned by the Gov:

Oxford nanoimaging:
By the looks of the machine I sa online, they may only process 1 sample at a time. On the product they say:

"We are now working with clinicians on turning our method into a rapid and scalable diagnostic test to detect SARS-CoV-2 in respiratory samples. Such a rapid test can have substantial impact, since widespread testing will be absolutely crucial for disease surveillance and control"(Published on 3rd July)

MAP Science:
These are the only competitors to our BAMS, but both platforms look good.

"The developers say the technology could make a huge contribution to the Government’s plans announced this afternoon to increase testing capacity and bolster the UK’s diagnostics industry. The MAP Sciences technology could deliver up to 1000 test results per machine over a 24-hour period". The same for Adeptrix.

Chronomics:
Good product by not fast enough as they need a lab.

"Identify COVID-19 infection before symptoms appear
Each kit screens one person.
The testing kit is dispatched to your home within 2 business days by a courier.
Provide sample in the collection tube and send back the next day via courier
Results within 24 hours of being received back via online dashboard.

Avacta:
Pregnancy style - 5 to 10 min saliva test. DIY at home and workplace.

This is what I found on the other parties in the CONDOR mentioned by the Gov:

Oxford nanoimaging:
By the looks of the machine I sa online, they may only process 1 sample at a time. On the product they say:

"We are now working with clinicians on turning our method into a rapid and scalable diagnostic test to detect SARS-CoV-2 in respiratory samples. Such a rapid test can have substantial impact, since widespread testing will be absolutely crucial for disease surveillance and control"(Published on 3rd July)

MAP Science:
These are the only competitors to our BAMS, but both platforms look good.

"The developers say the technology could make a huge contribution to the Government’s plans announced this afternoon to increase testing capacity and bolster the UK’s diagnostics industry. The MAP Sciences technology could deliver up to 1000 test results per machine over a 24-hour period". The same for Adeptrix.

Chronomics:
Good product by not fast enough as they need a lab.

"Identify COVID-19 infection before symptoms appear
Each kit screens one person.
The testing kit is dispatched to your home within 2 business days by a courier.
Provide sample in the collection tube and send back the next day via courier
Results within 24 hours of being received back via online dashboard.

Avacta:
Pregnancy style - 5 to 10 min saliva test. DIY at home and workplace.

"new innovation"?

"Wuckfit".....genius!

PART 2
The tough part for retail traders becomes knowing when there’s market manipulation and when markets are behaving rationally in accordance to the supply and demand. On October 2nd, I was in a short position for Beijing IQ. While money flow index and on balance volume were all dropping, prices were manipulated higher and higher forcing me to cover for a loss. After that trade, I have not made a single day trade despite $0 commissions across most major brokerage firms. Market manipulations will always be a guessing game. To mitigate market manipulation, it would be ideal to avoid day trading and trade only on longer time frames. Personally, I find 4 hour charts and daily charts to be much less manipulated.

Now that we know about market manipulation, let’s talk about the other aspects of the rigging. Because market makers can see your stop losses and limit prices, they know exactly where to move the market to “upset” and make money off of you. The well known “level 2 quotes” may contain fake bids. So what can you do as a retail trader? Retail traders can have mental stops without exposing your intentions. The downside to having mental stops is that using market orders often face challenges of slippage and routings via 3rd party liquidity centers (AKA Vulnerable to 3rd party high frequency trading). So forget it, either way you will get dinged.

Lastly, I want to talk about how “easy” it is to buy low and sell high. If you think you can time the market, you may get lucky but you will never be right all the time. Technical indicators can be useful in down trending and up trending markets, especially moving averages. However, indicators can be very lagging and inaccurate in times of consolidation. According to historical data, markets are 30% of the time trending upward or down and 70% of the time, they simply consolidate to form wedges, triangles, boxes, etc. When one discovers about the consolidation, it may very well be too late as market conditions are constantly changing. And did I mention, unpredictable? To top it off, a tweet could change the entire dynamics of the prices.

So…knowing what we know, the best way to hedge and consistently obtain a solid 10% return would just be buy and hold. If the markets go up 30% next year, hold it. It may very well go up 40%, or would it retrace down to 20% YTD ROI. If markets fall 20%, hold it as well because you never know when it could rebound. Not selling is somewhat equivalent to initiating a buy position. I can’t promise you to be rich but I know after 40 years, you should be pretty content. I was a day trader and soon I must say how foolishly wrong and uninformed I am. Our retail trader edge was never really there to begin with.

PART 1
I thought I would share something with you that I read a while back and copied on my files for such times. Courtesy of Chiffre Zou:

Many people believe paper trading could help prepare them for real world trading. I would have to disagree because what stands between you and the profit is the person on the other side. And no I’m not talking about necessarily Goldman Sachs or Credit Suisse or your neighbor Bob. The real trouble is the MM, short for Market Maker. He (or she) is your friend in that they make the markets liquid and tradeable. However, they trade for themselves and must also give a cut to the Bank. Their job entails organizing a balanced and liquid market. That’s where the problem starts. They provide liquidity in exchange for uncertainty. Eventually, they had it. They WILL NOT keep losing money so that we retail traders win money without sweat. When a retail trader buys 100 shares, the market maker must sell you 100 shares, which means he is taking a short position. 100 shares doesn’t mean much but when everyone goes out and buys 100 shares, we would have a problem. When the market maker has too much at risk, he will manually adjust the prices to induce fear for day traders. He wants to know if you’re watching. You know you are watching. He’s watching if you react and he will keep lower prices to inject fear until you or other retail traders can’t take it any further. As a market maker, he will move the stock to levels where support and resistance are clearly defined. He will also move the price to levels of Bollinger bands, changes in momentum, or any place where he can attract both buyers and sellers. After all, the Stock Market is simply a disagreement among the prices of the underlying asset. A person would buy if he feels the stock is worth more than the Ask and a Seller would sell if he feels the stock should be worth less than the Bid. Here’s when things get interesting. Logically, Market Makers should raise the price of the stock if he is short and he needs to buy some shares for his inventory. However, he acts counterintuitively and lowers the price to get you the retail trader to sell. When you sell, he buys so that he can now have new inventory to sell to other buyers. In the Stock Market, prices on average drop three times as fast as when they go up. It can also be reasonably inferred that fear is 3 times as strong as greed. This market manipulation has been going on for a long time and while Market Makers cannot transparently collude to profit off of retail traders, their patterns for bid-ask adjustments can easily provide clear signals to show their intentions. For example, Market Makers can hypothetically widen bid-ask spreads to signal to the other market makers that he needs to buy shares and that he’s only temporarily bringing down the prices. Other Market Makers would understand and follow suit and once the shares are loaded, prices are artificially moved up again....

CaptainStanley, with this statement today, "the most advanced but the most hard to pull off is a test like a pregnancy test you can use in your own home.." (by Matt Hanc0ck), don't you get the feeling that that statement would be followed by the following in a few days..."but the UK has managed to do it"(!) ?

The government was clear about the testing kit assessment by Optigene a while back, and their positive results meant they now are selling to the government.

However, In addition to Optigene piloted in Southampton, these other companies are also expecting the results soon:

Chronomics,
Avacta,
MAP Science
Oxford Nanoimaging (ONI).

Only Avacta, as far as I am aware, has the pregnancy style kit that will allow home DIY tests (which seems what MH is pining his hopes on).

And to speed up mass production of potential approved tests, "to develop bespoke saliva collection kits and scale up manufacturing for products that can be used with existing PCR tests", the government is working with the following suppliers:

DNA Genotek,
International Scientific Supplies Ltd,
Isohelix and other leading manufacturers

I would love to think, since Optigene seems to have had their results in the past few days, that our results will be released shortly, imminently or very soon.

Secretly, bless you.

Since you are new to this, I will tell you one thing that is very valuable: Never take investment advice from BBs.

Mr.Amir said something you ought to pay attention: "Everyone isn't born the knowledge about the stock market, that's why there is places called Colleges and Universities because we have the ability to learn"! Maybe investing in some "how to invest" books and seminars would you do some good?

And, as an analogy, if you plan to buy a car with the intention to sell it in the future, you don't ask the questions after you bought it, do you? You ask them before. People will think you are strange if you do the other way round. It will be you haven't bought the car and want to talk the value down so you can then buy it? Get me?

So, I would suggest you go over the financials of the company, all the articles on the internet and analysts reports, kind of DYOR, before you post here, so you are not seen as the strange character asking the "funny" question about the car, after he bought it?

I hope it helps.

BTTW, on this uk site it tells you which companies the government has disclosed they are working with. There is no mention of Mologic. https://www.gov.uk/government/news/new-saliva-test-for-coronavirus-piloted-in-southampton

ST

"Trying to get some education bro"... sure you are. You must not be doing so well, if you are trying to be educated on a BB? Are you a newbie?

MU345, not sure when as AS hasn't given us any date yet, but our market cap is definitely much better as we are without it already.

Morning people.

Just taking up from a few posts from yesterday:

Why on earth would CINE do a share placing? They are not buying any competitors, and they are not struggling with debt as all has been renegotiated with the banks and they have plenty of cash in reserves. So, any talks of extra placing is simply annal discharge by loony derampers.

The selling of the Chinese 1% "coincided" with the buy-back of one of the shorters 1%, so it didn't affect the suppression of the sp in order to "save" the bacon of the gang of shorters. They must be desperate to get out and it would not surprise me if we see the china guy selling more to fill the orders of short closures. The gang will try not to burn each other, as if they all try at the same time to close their shorts, the sp would spike well above 100. They would have to buy back the share they all borrowed in the open market, and my wife will definitely not sell hers unless she has her pound of flesh from the heart of the shorters (that is, if they have one)!

Box office revenues, next this coming weekend, in America will be the nail in the proverbial coffin for the shorters and I wouln't be surprised we see a % reduction in the shorting hold.

Good luck all

ST

Thanks, xxxyyyzzz.

RIchob, I've ordered the cubans already. I hope all is well with you.

Wilson

RO, that's spooky, but I just thinking I had not seen your posts today. Of course, the government would want the tests mass produced, thus comes the new manufacture!

Indy, I was with you up to "why", but then you lost me. I get all that "sticks and stones will break my bones.." thing, but forgive me, everyone has different limits to what they can tolerate, or accept, and to chose to "ignore" isn't the reaction of someone with a emotional age of 7, but a reflection one's own tolerance levels to bs, bullies,..etc.

I think you are generalising a little bit here, but I do enjoy your posts.

Chengdo, I can take your condescension. ;0)

I was just trying to explain, badly I imagine, why some people may have been offended; not me, as I never interacted with Ophendian.
But I totally agree his posts were very helpful, as much as the posts of many others in here, as an example, CautiousOptiimist at 11:22 today.