RE: trying to make sense of the drop28 Jan 2022 10:07
Agreed, genuinely thought a lot of this was priced in. Even after Tuesdays bloodbath I thought it would stabilise a bit but then another kicking yesterday and is looking the same again. Covid stocks are just hated.
Throughout the fall from the dizzy heights people on here have relentlessly said “can’t go below x”, “can’t go below y” and so on when the reality is it really can. It’s ****ing scary and feels like there is no bottom. Harsh, harsh lesson in aim gambling. It’s horrible to admit but it’s literally a traders share now, a few days at a time pumping and dumping and repeat.
Can’t see what is going to fire it up other than a decent outlook on non covid products. Dhsc dispute as well but that could be months, years away so clinging onto that is giving false hope currently. There’s a lot of **** spouted on this board but the only board we need to speak is that of ncyt.