Member Info for Odysseus07

Dammit. Missed the boat, its at 15p and left the dock. I knew I should have bought at 14p. Missed the boat..... 30p here we come (by end of Jan). And then 50p (end of Feb).

Ody

Lucky old us. ANOTHER buying opp.

Ananda - your thoughts? How many of these will we get? Last year we had pretty much every day since June. How about this year?

Dont worry, to quote Ananda its "days away" now from being at least a £1. This was said before Xmas. I was generous and gave him to end of Feb.

So dont worry, Days away. (technically already weeks, but hey, im a good guy - end of Feb) :)

Perhaps NDR50, i do analyse a lot. You may have a point. Each to their own investment strategies :)

"but even that was NOT proven...."

There are a few differences.
1. Its not the same "erotogenic" gel. Med3000 is a different gel to that used in the condoms
2. Condoms never showed improved erection, just helped maintain erection that were established. But even that was proven clinically
3. This device, med3000, contains no active ingredient at all..... so what is the device? (the above was a condom). This is "just" an erectogenic gel/solvent with no active ingredient, that FUM postulates works by evaporating on the skin of the pen1s and the cooling effect stimulates pen1s nerves and sparks an erection

Just not convinced with that, given the history and recent (last Dec 2019) failure of their flagship active product.

just came through on my screen. Good brave gamble. But £15k is someone like us gambling on profits. Not chunky £40k or so, from "knowing" something

I just checked trading. Only about 20-30 trades today and only about 2 sizable ones .... 1 for 20000 volume sell and one about same for buy. All in all, equal sell/buy. Where is the 100,000 buy???????

pounds or number of shares? If shares then its about £14k gamble, and some people have that as "risky" bet or risky bet with profits from recent market +35% rise.... if its £100k then promising.

entirely agree ndr50.

just my honest thoughts. If all that happens then at least £1... and potentially more. Thats my dilemma. I just maybe disagree on the hurdles. But agree, there is a chance

yes, if all that happens, then £1 plus.

Down over 7% today! Great timing so near to ema news and approval, so near to partner significant investment; so near to FDA trial starting and approval. So near to ema approval in 2021.

Great timing and direction given the above. Im so lucky! Portfolio sold order in and ready to buy Monday mid morning - just waiting to see if my luck can get any better and the buying opportunity get even better then!!!!

Hi Ananda and ndr. Fantastic. Another buying opp so close to imminent 60p. How lucky can i get??? Just hope this buying opp continues to monday - by which time i will have sold my portfolio and buying FUM. So so lucky. Cant believe it. All these mini dips and buying opps, when "days away" from approval and when 60p is "imminent". Thanks ananda

and buc. I think the housebuilding one will come good. I bought bayer shares about 3 years ago. All time low. And i knew their pipeline was decent. Then roundup...... i took a 25% loss recently and thought "ok, these will come good....but will skinbio give me better return sooner?". So sold , took my loss and bought skin. And that is doing very well.

Like you, no more deets as will put the hex on. But buc, that house building share will come decent and be a solid bedrock performer over next 2-3 years.

Good luck all again.

I also use the HL platform. Its cheap for what i have - shares, ETFs and investment trusts. Wouldnt use it for SIPP or unit trusts.

Yes, HL give very poor advice. They used to be a lot more influenced by how much money they made from the investment. Less so now. But even so, the Woodward fiasco .... and their Wealth 150 or whatever is a joke. I qualify for their free analysis and help, but better to do your own research.

I invested heavily into bombed out FTSE 100 (with good dividends) and india inv trust, asia, some biotech and also transportation and engineering. As well as some Shell when they went to below £9. Doing ok so far. Aim to keep it all for retirement nest egg in 20 years' time. Who knows - got to keep the day job!

Good luck Buc and all.

Ody

PS hope the grammar pedants liked the apostrophe after the 20 years! ;)

Fair enough. That was all pretty reasonable. Different takes on the same info. I'll invest after the dilution. I cant see a partner coming on board before they need to raise capital.

Good luck. Hope to see you on fantasy island with some dancing girls lol. How are your other investments doing?

Bucolic that isnt true.
1. Look at the interview the CEO gave to one of those "paid for" news bulletins that are really an advertisement. I can find the link if you insist. News reporter "I have to ask you this before you go.... will there be a partner announcement before xmas?" CEO Response "I would love to say more. Really. You can tell im excited. But no, I really cant. But we are extremely happy where we are and it is looking very positive". Ok.... that is the essence (not word for word) of what he said..... an implication there I think. People on here certainly said "any day now"

2. A regulatory asking for a new trial is not "small". It is one of the biggest asks they can make after a Phase 3 trial. True, it is "small" but it is "small" from a big ask (as opposed to simply clarifying data or resubmitting). It meant the FDA were not convinced of the product and wanted another data set.

3. Condoms. Ok, not directly connected. But they did use GTN (as did the med3000 solvent when GTN was dissolved in it - and called MEd2005). And condoms did use an "erectogenic lubricant" - similar to the erectogenic solvent you apply to get an erection now with MEd2005
4. Money runs out in May - any response?

Look, good luck. But on the balance of probability FUM is a dud. I still dont think med3000 will sell (even if it is approved) hundreds and hundreds of times more than the condoms, and thats what you are banking on (even if, and its a decent sized if, if approved)

Hi Bucolic. To answer your question. I think if Med3000 gets approved, it will sell more than the condoms. Very several reasons:
1. Target audience, as you say
2. Use - condoms used less than ED treatment, as you say
3. FUM will have learned from previous very bad mistakes on marketing and choice of marketing partners

However, i dont think it will be on the factor needed to get the SP where you guys want it. Condoms sell £35k a year - revenue. Not even profit. So nothing. You will need it to sell by factor of 100s to get anywhere near your more optimistic levels. I dont think it will happen.

Also, the current situation also makes me negative on the stock (in addition to above and the bad management and mistakes FUM have made over the past 15 years). Do you think that after that time they will have learned any better? I think bad management is now ingrained. sorry. But beyond that, the current situation is negative. I repeat:

1. After nearly 7 months, no news from EMA. From experience, the longer it goes, the more questions they have
2. FDA (similar to EMA) have requested a new trial. That is a pretty major ask (relatively)
3. No news on partner - it was implied by FUM that news would come before Xmas
4. FUM runs out of money in May 2021

Doesnt look great does it? Ananda keeps on saying "days away". Even he doesnt believe it. But lets see by end of Feb

What makes more sense of a stock being "days away" is skin biotheraeputics. I bought at 19p with profits from other investing just after Xmas. Now 34/35p. Up 30% yesterday, 20% today. That is what happens to a product that is planned and getting good data. You get stagnation with shares like FUM that have over 15 years continually disappointed. And Im afraid it still does.

Honestly. And i mean honestly, Bucolic. Back in July when i joined this, did you think FUM would be in this situation in January 2021? I remember a ramper saying to me "you dont know its going to only approved in 2021, it could be before then." If you look back at anada/rampers posts in July, it makes a mockery of where FUM really is now

I am sorry for you Bucolic. Really. But the share is a dud. I will only invest (and even then only £3k for fun) after imminent dilution and if it goes below 10p.

lol oh bluechip