Our latest Investing Matters Podcast episode with QuotedData's Edward Marten has just been released. Listen here.
Feel for those that got spiked fat 37p. Virtually a 30% drop!!! It's been a terrific share to trade though. I'm all cash at the moment on this one, but waiting patiently to jump back. It's all about timing the entry exit. Could well go back to 24p. There's a massive gap to filled from the huge rise yesterday. I'm joining to wait just a little bit longer to let the dust settle. Good luck.
I think it's holding up extremely well this morning considering the huge rise yesterday. This is the inevitable retrace. I sold at the close of play yesterday and took profit as many others did, but I'm looking to get back in as soon as the SP settles. Good luck all.
Harizma - I totally agree. I think the SP will creep up to 16-18p before any rns lands and then gap up to mid 20's when the rns lands. There are three pivotal pieces of news expected. Personally I'm going to sit tight until all three pieces of news have been announced, because I think it will go an awful lot higher than 25p once all the news is in. Good luck. Atb Popeye.
NikNak - Give it time, just a little bit of patience is required. With a £6m mkt cap and £5m cash in the bank, this is now seriously undervalued. The contract business alone is worth £7m. Once the anticipated news starts to come through then this will move an awful lot higher IMHO. Good luck. Happy new year. Popeye.
The figures are exactly as forecasted in the trading update. The company has caught up in October/November and therefore YTD are ahead of the previous year. Achieving a raise of £4.4m in the current financial climate was a feat within itself. My belief is that the contract for £1m within contract manufacturing business was subject to RUA successfully carrying out a raise, in order to increase manufacturing facilities. A 30-50p target over the 12 months is extremely realistic IMHO. Good luck all. Atb Popeye.
IntraVnus - I totally agree with the trades that you've just mentioned, but Giovs was asking about the 3 large black trades 30k, 55k and 30k??? They are all buys by the timing of the trades. At least we're still respectively in the blue. I also agree that traders need to give the trade a chance to breathe. Good luck. Atb Popeye.
Gordonbennett1 - What you're doing is very naughty!!! Give it a rest. Because people will get spiked here whilst you quietly slip out the back door. Hopefully people will have the sense to take your habitual ramping with a pinch of salt!!!
FlyingHigher - You need to make your mind up!!! You had this as a strong sell when it was 12p and then a strong buy when it was 50p!!! All within a two week period!!! Absolutely hilarious. Good luck when you change your mind again!!!
ProfitJock - You've called this spot on. I bought in yesterday for the first time going into the close and again this morning. My average is a lot higher than most here at 32p but I'm already in profit and will wait until we go into the 50's before top slicing. I sold Genedrive yesterday at a £6k loss. When this hits 38p on the BID I will have my £6k back. Good luck all. Atb Popeye.