Member Info for Porky9

It's good to see a small correction in the right direction, still a long way to go!! Not excited just yet but its a start after the number of depressing weeks we have had in the Red. Lets hope we can have a good run towards results day and some positive news along the way.

I was reading a Midas Share Tip the weekend and the Mail were basically recommending a stock generating £20m of sales with a market cap of just shy of £400m and i was thinking, bloody hell here is Novacyt a business generating significant revenue and its current valuation is so pathetically low. Lets hope the market is finally waking up to this companies true potential worldwide.

GLA

I don't have level 2 so can't see what's going on SETS but cant see any immediate resistance points to £ 12.60 but that's still a long way to go from here

ODX is down 6% so clearly this is isn't just general covid stock adjustments we are caught up with.
A few days like this will put us back on track

Its behind a paywall Kaeren
But i don't think the the vaccine hold ups would make much difference, or the fact Covid Virus is increasing in London but they could be contributing to the SP.
Maybe another share buy article out? or confirmation of a tender win long over due?
Frankly, I think you will agree, I'm happy for some price rise increase correction without news over the next few days. When news does drop it will take us the new trading range.
GLA

Just stating obvious;
Automated trade buys in volume, lots of retail buys and no news out? could be a correction back to where we should be or are we not picking something up here that has landed because investors are adding ahead of official news?
Interesting, time will tell

I think most of us are a bit in shell shock that we are starting to see a bit of blue at last, with so many red days we have put up with lately and experts like Triumph1 to kick you when you are down frankly it makes a refreshing change.

Still one swallow doesn't make a summer, still a long way to go yet.

GLA

@Airlineboy
Well done, I think I need need about £9.80 due to some chunky ill timed buys I made in the £11 region that I’ve since averaged down on, not to mention being shook out of some stock on stop losses and not getting back In quick enough. On one day I added £10k and half hour later the SP dropped 90p on the vaccine news

Just can’t see much retail selling before £12.60 due to the previous raids not to mention buyers at £11 still trying to recover losses.
Many that were sitting on the sell button are already out

Hear, hear

@Sharehunter
Go on say it......
The forum is not the same without your positivity and we are all still waiting....
Take care :)

This is possibly one of the best stock forums on LSE with professional retail investors sharing information ahead of the market.
Some really outstanding contributions here. If all boards were like this one retail investors would have more chance against the institutional investors
GLA

Remember that 70% is traded in France and we don’t have aveve that muchstock in trade so it doesn’t take much to move the SP in either direction.

If we have won either a chunk of the Spanish contract, the french tender, the USA deal, the U.K. DHSC extension, the U.K. capital are home contract or a major partnership deal we will instantly move up a gear into the £12-16 range imo.

A combination of those orders and it will get very exciting. I agree that there is often no smoke without fire and investors do get wind of deals before they break but on the basis the SP has been raided since £11 it could well-be just a simple price readjustment back to where it should be now the market really understands that testing is here to-stay and vaccines are not the full the complete magic bullet, only part of the solution

GLA

I am not a great fan of charting myself but i do appreciate its a religion for some traders.
The suggested immediate bull run to £14.60 i would agree is highly likely, i actually watched one where it was after £ 15 it was showing a bull run to £26 and then on to £ 42 and beyond.
There would have to be some serious orders to back those numbers but anything is possible. The worldwide market potential is just enormous and will remain so for the next few years

delayed that long, i thought at one point the engine was still in repairs..
we should be north of £ 15 by now. Shareholders have had a royal bashing this last month, would like to see this trading in the £20 to £25 before results day that's for sure, make up for the retail suffering....
GLA

Position stateside unfortunately getting more and more out of control

A package of measures needs to be brought in and quick imo

@Hartlebury
LMOL short positions haven’t started coming under any real pressure yet, it’s still to kick off imo

I hear they are trying to put a small fire out but it still about to turn into an inferno ....

Expecting this to go +20% today just on shorts closing...
as we gain traction, it will force them out, happy days

@Wilson63
I can see an RNS coming to
And so can my wife...

LOL Ohh the joys of investing...

Have to say I miss his positivity surrounding RNS and him not being around when they do come is ironic really

Will have to start a bring back sharehunter campaign, like free the Tamworth two

Lol, GLA