RE: Just Added9 Nov 2021 12:03
@EdCJones
FYI, No, what it is, i research a stock for a while before i invest and when i do i'm rightly bullish about it and i tend to tell every contact i know about it. I also put a lot of effort into it as i have a vested interest. Some could call that ramping, i call it being uber positive. Why invest unless you are going to back the business after all you own some of it, that's how i see it.
Anyhow, I did that with NCYT but unfortunately i called it wrong, i didn't see a major contract dispute coming which ultimately killed the stock and it just went downhill from there. It also alleged that the CEO also shafted investors by feeding positive information to help his bonus scheme and then didn't care less after which added to the price collapse. I lost about 160k on that investment. Hence some blame me for that but i genuinely had no idea.
I then spent a lot of time researching Valirx and went in heavy there. I still hold stock there 500,000 but materially reduced from1.8m of stock following a deal they did with their prize IP with a US Start up. I still don't know if its some back door arrangement the directors set up to take ownership stateside via a new vehicle, in time, i will be better informed but i wont put big sums of capital at risk unless im sure. i might buy back in later if i'm satisfied but for now i'm just monitoring. The share price has fallen back but that is because many are not yet convinced the deal is that great. But again im blamed for that by some.
So you could say i am a bit marmite, some investors cant stand me, some i have great relationships with. Don't much care i do things my own way but that's why you see the odd Troll pop up here and there.
I am a genuine long investor, i don't short trade. i detail my current open positions on my twitter account,
https://mobile.twitter.com/Porky9Here/status/1457866571955720199
I will continue to add to this specific position here as i believe we are on a bull run to about £1.80 if not significantly higher should one of the drugs come good. Also the placing rate was £1.10 so at these levels its even at discount to the placing rate.
GL