The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Pretty much par for the course here. Sorry folks but imho you’ve all been caught in bull trap. Most peeps will end up locked in refusing to sell at a loss and watch it drop back right down. I’ve been holding for years for the same reason. Seen it rally before and still failed to get out at least two or three times before inevitable placing and consolidation.., one never learns. Back in the bottom draw for next time
Been here for years... expected a healthy return around 2017/18, held over 500k before consolidation , rinse repeat.
Did throw in a few more pound before last one.. but that me done. Over 94% down at one stage. Slowly recovering and only 60%. If we get above £1.17, I’ll actually be in profit. Now wouldn’t that be nice ...
Sell imho
Look at the price around that time.
Maybe a small amount of forward selling today to lock in small % profit. Not everyone believes in the dream of multi bagging
The city are more than happy to take the easy safe 10%
4.25p open
Think we will see a sell off
Then rise to 7p -(31/12/19)
Assuming we come out of suspension ....
IMHO I’d sell at a loss Special, you are not down that much. It will get worst if history repeats.
After a few more placements and share consolidation you could end up 98% down and little chance of recovery like most LTH here...
Read his stuff but do your own research , I’ve backed three of his recommendations , HUR, UJO, & ECHO
2 of the three have served me well and continues to do so, echo not so good but its back on the rise.
With Solo, I’ve been here years and missed out at least twice turning a profit and now I’m locked in or sell up for a loss.
Breakeven is a long way off @ 3.5p
80p a share ?
What you been drinking or smoking .....?
Dividends won’t be paid.. if your Lucky. the money will be spent / invested by the company for growth
Otherwise it will just be witted away
genuinely any LTH here must be down bucket loads. Maybe some have been fortunate enough to have traded some of the peeks and recovered some, but I suspect most are locked in wishing and hoping for the massive sp rerate upon success of some kind..
unless they’ve average down chasing the dream ... be warned imho investing in this share is bad for your wealth
It’s not all about “ if when and when the products are successful and the potential big deal”
It’s about the amount time you may have your money tied up waiting whilst being eroded away not only by inflation, but dilution. Yes I’ve been a long time and I’m bitter, when I originally invested a deal was expected 2017!
We have supposed to moved on, made progress etc so why is the SP so low and why is my holding standing at a massive lost. Slow and painful lesson for me, made worst by averaging down. There may be another P & D to ride but you’ve got to get your timing right, you’re just gambling really. Not a get rich quick share for the man street so be careful.
Ok so we all hold... and then several million more shares are issued
The cash raised burns away.., say the company value remains the same (highly unlikely because peeps know they need more cash) and guess what the company value / shares is less, SP falls
Rinse and repeat until consolidation
Not exactly.. I’m a genuine investor and like most LTH I’m so far down I’ve wrote it off.
The rinse and repeat is the continuing dilution and cash raising at the expense of the so called investor.
Yes this may well come good one day , but I’ll probably only have 10 shares left so won’t matter one jot!
Of those who back this dog will retain their shares from the placing? Could they’ve forward sold them when the sp was 3p + . Someone is always left holding the baby, usually joe public, usually locked in on a paper loss until the next snippet of news
Imho Consolidation period now, with a few shakes and some profit taking. Market Excitement and interest will reduce for a while before the next leg up, unless news but I’m not expecting anything soon.
TBH imho there’s Probably as much chance there is a fund raising rns as a deal rns next, who’s really knows?
Many a trader here evident by this board with the incessant ramping... would they buy now, why aren’t they doubling up their holding if their so sure 10p + is coming? Many will be selling off?
Still confident but Im not watching daily, just hoping we’ve built strength in holders not traders in this fist spike.