Understand your emotions...and use your head29 May 2020 11:50
Right so when we saw the SP this morning a lot of people asked why and some will have panicked. They are natural reactions and emotions. But when you are about to panic, it is best to check all the facts and information before you do.
This morning, the "doubter" on my shoulder said sell. My head said check the facts. Then my finger said BUY so I bought after checking the facts.
Facts:
- Buys today are 2:1 - no mass sell off. This indicates the sentiment is to BUY not sell
- No working vaccine has been announced today which will be readily available tomorrow. No reason to sell. More to BUY
- No Rapid test producer has come out and announced they can meet the global need alone and can produce 100-200M tests per day. No reason to sell. More reason to BUY
- News is still to be announced by our collaboration partners. This indicates to BUY ahead of news
- We are still pushing for fast track approvals. This indicates to BUY ahead of news
- We have a distributor to distribute the rapid tests on a mass scale. Why sign up a distributor without strong confidence in your test
Gl all