The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Be intersting to see if the relentless selling continues today with a slight reversal in the gold price. It would be nice to have a notification that if there is a seller (which I think there must be) they have unloaded and cleared off. Not sure whether I should be buying today or whether it is a trap. Having said that, there looks limited downside to me, a chance to place stops below the 150 & 200 ema at say 19.3 with upside at the previous resistance around 23.5. I had the chance to make a lot of dosh on this share when it broke that level, could of sold into strength, got greedy & messed it up.
Yep, she's gone. Not sure where the next stop is now?
Having a go at breaking 20p, which I didn't think would happen. Be interesting to see if it holds
Trouble is the price action is not refflecting what you say Gavster, it relentless selling and down days. I've sold most of mine and have just got a token holding now. Something doesn't add up here? As you say everything seems strong - but the price isn't & that's what's worrying.
Absolute rout
Disappeared as quickly as it came
........ for 190,000+ shares @ 128 on Level 2
Well, I wouldn't be one of them
The price today is acting like that is not going to happen tomorrow.
Just constant selling. 21.6 and I'm out.
.... where would we be on a poor RNS!
Total revenue down 18% year on year. That's good?
Now we've got to do it all again and try and get through the 23.5-23.6 level. As I said, took 8 attempts to get through then like a knife through butter straight back down through it and then some in some in one fell swoop. I really don't get it?
Thanks for the explanation. Quite shocked as to what has happened here today. Not like there's been a massive run up or anything and we were due a correction.
Bit disappointing (to say the least) that the share has sliced straight back through this former resistance on very first attempt when it took 8 consecutive tries to break this level.
8th consecutive day where we're having ago at breaking out of resistance around 23.50-23.60. Hopefully when we finally do this becomes solid support
Strong close, let's hope we continue the momentum tomorrow.
Seems a lot of resistance at the 23p+ level. Thought the way gold is acting that this would of broken out and pushed on.
The Directors should be held accountable for organising a total shambles where nobody knows how to value the shares.
Exactly. Why is everything so opaque and complicated in the World of shares? If the average person cannot comprehend what something means they should not be able to publish or go down this route. The FCA really need sto up its game big time and get behind individual investors.
It is annoying that this has happened twice in the space of 6 weeks mind. It does make me a little wary of the share. Hope it's not going to be a regular occurence, looking over our shoulders waiting for the next time for it to happen. On the plus side hopefully it puts a floor on the sahre around £1.40, but I'm not impressed by these shenanigans.