RE: Its gonna be a flurry of news ....16 Aug 2022 08:52
Mornington-Oz.... I had the same share and sold out like you. I never thought a share could rise so quick and so massively but that had some similarities to the situation we are in :-
- Negative sentiment changed overnight as they got coverage and announced a successful covid drug
- That was highly undervalued and a coiled spring .. just needed 1 piece of positive news and with limited stock, a short squeeze started
- Trust which was uncertain quickly increased and with Vlad we know his decisions have been poor in the past but he seems to have changed and now focused on delivery and bringing hemo to the market (Hiring right scientists, lab opening, no funding etc)
Lastly, we have been in the worst bear market for years. The war in ukraine is starting to stabilise (even though still disgraceful), money is coming back into Pharma and small caps and we are on the verge of a massive newsflow for 6 months +
If i had more money, this is a great time to load up before the 1st big news arrives. 3p is probably the 1st target.
What i have found is that people and market are expecting something specific and when a bonus like the chinese patent arrives, it gives shorters to push it down but eventually once people see the jigsaw pieces coming together, the rise will be non stoppable.