Member Info for Rcdm

Forget daily infections and knicker wetting.

Just tests, orders and being at the forefront of it in a business sense is going to help the world here understand more and how to cope

Last three days here
497 high
-5%
1%
-14%

Pisch.

Pick

1 - short at open
2 -mm gap fill (see my notes today on spread going sub 1p)
3 - sentiment shifting to odx
4 - abingdon dhsc piffle
5 - insert doomsday ****pit theory

So the bull**** at abingon affected us today?

Different contracts and looked like a short to me.

Sells at 1245 to 1400 here, but damage was done this morning so its lulled from there.

Did struggle back up to 370p but the sales action post lunch has burst it.

Watching it the spread has been very interesting at one stage it was 355.20 sell, 355.90 buy.

Sells were at 355.20p, dropped to 351.4 very quickly then jumped to 352. Where as Buy was still 355.90.

Looks like a bit of a raid after morning dip.

Sells from 1245 to 1400 didnt feel great so its reacted to that and dropped 10-12p.

Day to forget.

-12.5% and struggled to break -9% today holding at 370p odds. I am not sure it will recover, but happy to be proven wrong.

We can all see PCR's are the answer here, but whether NYCT can convert this into meaningful orders, business on books and future revenue is the key to informing the market.

The giddy sentiment of the market from Friday/ Monday has shown there is 'intent' but still a few skeletons to come out the NVCYT cupboard before it isnt dragged down by the infamous dispute.

For me this is bobbling around 200s, but feels like a small leg up to 210 is possible if it can tip the resistance point.

Looking 'ok' for me and in the past 5 days has been pretty consistent.

No wish to be flippant but dont give a siht about ABDX.

NCYT has pretty strong commercial fundamentals so not even same league for me.

Plus after last Fridays RNS Id imagine that there is more positive chats with the Gov than not at this time.

It felt held back yesterday, but not so much today. Usual 'ok' opening and then from what I have read a short slapped on it and hence its fell apart.

They are definitely moments where its evident that the spine of the share is weak. Yes the world needs tests and that is a growing sentiment, but in a business and investment sense the market still views this as a 'short term' thing. I do feel the range of 370-440 is 'real' based on the RNS and trading update.

Looking around the Covid stocks there has been a few batterings this week so it was inevitable that NCYT would not escape after the giddy tones of the weekend and the RNS.

Not a total disaster for me as the play is probably expected - but not liked.

Think reality is large that more 'good news' is required to create that spine.

In the next few days/ weeks 'll expect this to revert to a bit of a rollercoaster again. Hopefully it can hold a stake at 375 or upwards. Time will tell.

I am sure all the naysayers will be onto the 'back to 220p' bandwagon soon enough.

The world needs answers and combining the science here and results pending Id expect this to cruise up to £8-10 for starters.

From there it will be all about scale, process/ procurement and business capacity to potential bolster this further.

yesterdays 497p high being case in point. I dont think its being held back, but its clearly being manipulated of sorts.

the market (FTSE) over reacted. However, the testing regime in a winter with other 'bugs' has always been the best way to tackle matters. This has just been extenuated by the latest goings on.

I think the science side need to monitor strains and their associated formats. This is where NCYT will play a useful part.

Only comment I read here over the weekend (including all the ramp/ deramp patter) was that NCYT havent traditionally had a great unique staple on the 'new' variants. I would say fridays RNS has cleared some of that mystique.

I am not thinking today is ferrari brouchure terriority. I think it will be steady, but happy to stand back if I have called that totally wrong.

My projected range for this share I would state at this time is 395p - 480p.

DHSC is still an incredibly large skeleton in this stock.

watching the price today has given an insight to where the hold patterns are/ is. Basically its cycled from around 11am between 406-438. It generally seems to be at its happiest around 420p range.

That is today with the RNS and the worlds reaction to mutuations.

I'd expect that given the sentiment and latest media reactions that this will now be attracting some inwards confidence.

How that 'pans' out over the course I would expect will be lead to a bumble around the wider ranges of the 400s for me.

Completely not investment advice!!!

DYOR as always.

moniman - you spelt £54 wrong.

Before everyone gets the ferrari brouchure out from January this year, I think there is a moment to reflect on what we know.

221p - 2/3 weeks ago was a low ball value. But that was where the market perceived this to be
450p - this has never been breached since May (approx) in the face of the DHSC fiasco
700p - 800p - This range was with the DHSC on board and the process was 'meant' to be going swimmingly and future phases, orders and blah. We all know what happened next.
1200p - Famously on 25/01/21 was this lovely number. Hmmm sweet like candy, but it was only there for a day or two and receeded.

I am enjoying all the giddy vibes, but jesus.....

This has literally just clambered back to life and holding beyond 400p for the first time since August and may also hold 420 and push on, but I do think all this patter over 7/8/9/10£ needs measured against some frank reality.

The world is in a bad way on this mutation but dont get blind sided by the true market value rather than just horsing in here thinking you'll be with Rodney and Delboy on Christmas day.

Caution please!!!!

500p would be a great milestone.

DYOR and Cool heads!

With the recent rebound in the past fortnight mashed in with the news in european cases and now the latest on going mutuations.

Whats the views and likelihood of some ii's coming into this again? Demand is evidently going to come forward across the latter stages of 21 to aid the response to the latest on going developments, but realistically has this got enough 'draw' in it to get 'backed'?

Interested in the views.

Iv said this on another thread, its not a question of whether its spread. It has.

Now the smart moves are on trying to understand who has it and where it is.

Imagine there was a company that specialised in that type of test for this virus?

Sentiment here has rapidly changed in 3 weeks.

The amount of folks praying for 4quid to get out of this share and do a craig david.....