RE: Perfect Storm - This is ready to rocket!9 Dec 2021 11:43
Patience is a virtu, I agree.
A pioneering testing company in the eyes of this board and partly sentiment, the market still reviews the business on the 'what if' over Covid.
I see greenshoots but with the over zealous shorting game and the yoyo from 220 at start of November to 497 around 11 days ago to now pleauting in the early 300s, its clear the confidence is low and its a great day traders pump and dump share.
I can those greenshoots maturing but as I eluded to at the hysteria raised during the weekend of 'this will be 6/7/8/9quid' it wont until we get a solid agreed business strategy understood with financial tie ins and details. We dont have this and the noise is suggesting that the trading update will arrive end of Jan.
Between then and now the usual nonsense over DA saying hello and the board being rubbish will circulate, hey we may even see a 20-30% day RNS arrive, but Id measure all this in that until ii's are on and the infamous overplayed DHSC nonsense is dead, for me this will always be held back to a range of 380-480p.
The truth is that is the short term.
Long term, well crystal ball gazing says this that and other about lockdown but I dont get the obsession with that and all this drivel about how many cases the UK will have and testing, unless NCYT are specifically mentioned and actually providing the test, in an investment sense its worthless garbage.
People need to realise this share will propel on its order book and depth of same. All this 'ooh outbreak at Tottenham' and 'There will be a lockdown' is just pisch.
Business details only please to appraise whats realistically going to happen instead of reading the daily mail to pick up irrelevant titbits of scant reality to the SP movement or this business.