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The volume of buying at these high prices here and in France tells you all you need to know about the direction of Ncyt .... it has a solid foundation now and it can only increase from here.
Hope it is passing ... NEX was 460 just a few short weeks ago ..and for good reason .. this one like many other companies out there is well undervalued even in this climate and still under the ‘ herd’ radar ...any sign of an end game to the lockdown and this will fly up there again ...i was lucky enough to get in rock bottom on 18th March and will stick with it now as really apart from the usual peaks and troughs it is only heading one way .
“ Just like Eddie “ ....
A lot of Pi’s will be stashing this one away in their Isa’s starting Early next week for the post- lockdown and the rise somewhere back to where it should be on the financials alone . It’s as sound an investment as any out there.
jacksD ...early testing would have protected the front line staff from nearly 20% falling sick as would proper PPE ... they did get both spectacularly wrong ... and it will cost precious lives .
It seems obvious that the government was unwilling to pay the price at the beginning to roll out fully Ncyt tests which they had the opportunity to do so ... they were hoping for a cheaper option either home grown within the NHS or from other cheaper sources and it is backfiring on them big time ! However the lies and blame game will continue !
Come on Eddie man ... do something ... anything ! ..... Sticking with it but it’s like watching a slow puncture all day !
“ European hedge funds struggle as short-selling bans disrupt strategies “
You really have to feel for these guys ... they might even have to forgo an extra bottle of ‘ Bolli’ this weekend ..... good luck to the rest of us err mortals on here for the weekend and a great bubbly Monday !
Why should it crash ? it’s a highly advanced research company with a lot more in the pipeline than just one test !
Why are you so bitter ? .. did you sell at a loss and want others to do the same ?
Why not move on if you have no skin in the game.
There’s likely to be cover to cover news in the press and media over the weekend.. The Government are already under pressure from doctors and NHS staff to stop the incompetence and get people tested quickly ... NCYT is likely to feature in depth .. so looks good for Monday .
1,000,000 shares in 2 buys at about 4 ... of course it edges down slightly .. must be a very large butt sitting on this !
Panic receding lots of sensible buys coming in now .. think the derampers hoping for a silly figure here already missed the best price while trying to gloat ...LTHs let’s hope for a 30 finish .. this was well overdone knowing this project will be completed !
Hold your nerve it will even out .. wait for crazy hour to end and it will get to a reasonable level .. hardly the end of the world chaps, they still have a recruitmentdrive going for a huge range of staff. This is going to happen just a minor set back but the big deal is not far off now .
The volume has been high but trawling through the pages of buy/sell it is not that far off even .. certainly doesn’t warrant a 7% drop ..a lot of automated sells and more buys Overall on ordinary trades ! A nice day for the MMs and something is not quite adding up !