Member Info for Popeye62

Nice thought, but it's gone from 10% up on the day to level? It certainly looked like a recovery but alas it's normal service resumed.

AA with its present market cap is still currently eligible for automatic promotion into the FTSE 250. We will know for sure next week and then it will be officially announced the following week. The SP will then tick up to 150-160p imho. Good luck all. Popeye.

SBB1 - You could well be right in your call of 97p, but I think you're wrong in thinking it's going to bounce. In my honest opinion I think it will drift lower. Good luck if you're thinking of buying in at 97p, but be careful.

150p by Friday?

250p by Friday?

If people can say 250p by Friday as a lot were the week before last then why shouldn't say 97p? I see this falling below 100p and always have done. When institutions dump at any price to exit, then this should be a clear signal.

At least it's holding above the £1 mark.

Come on boy's! What about a bit of 150p by close today? Or 250p by next Friday? I hope everyone is enjoying the sunshine. Good luck to all, short or long.

SBB1 - That's what I was thinking. Earlier when it bounced off 113p somebody posted it was a double bottom, unfortunately I think that was wishful thinking. I suspect it will close lower than 113p today. At what price would you come back in at SBB1?

Bladderman - It's only a 10% loss at the moment. Some peeps are a lot worse off.

113p was the low of the day today. Will it go any lower today? Where is the bottom?

naz11 - Well done. It's always nice to hear of someone making money in the AIM market. More often than not all you here is people losing money. Well done on your profit.

Bladderman - Thank you. So the current SP puts them on twice their cash position.

naz11 - That's interesting, over 95% of phase 3 trials end up in failure. I wonder with an SP of over 800p success was already priced in? With of odds of over 20/1 for a failure does that mean the SP could 1/20th of it's original value prior to the announcement of the phase 3 trials failure?

Bladderman - How much cash do they have at this moment in time?

No it's not in auction. It's trading quite normally.

mrcalm - You're right it does move fast. You've certainly got to keep a close eye on this one.

SBB1 - I take it your out? Well done on your trade if you are.

St.George - I agree people shouldn't be attacked. There always two sides to a discussion forum. We can't all be in complete agreement. Bad manners shouldn't be tolerated. Good luck with your investment.

Double bottom? It looked like it's making lower lows to me. Unless I'm reading it wrong?