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Totally agree with the market being bonkers! I actually feel quite sorry for folk being mugged of their shares at this late stage. The sellers can’t know anything just as buyers can’t either. If the sellers can’t bring themselves to hold for just a little while longer then why did they bother buying in the first place? Crazy !!
My view is that Synairgen know the trial results have come good and are currently in the final day/days of checking and rechecking them. All the signs are there for all to see - recruiting, sorting PR (as per Brand’s earlier post) etc. I wouldn’t be at all surprised to see further ii buying at these silly prices.
Brand another super-sleuth from you there - many thanks!
You’d have to wonder why Jordan declined to name the other client. Maybe a they are a significant player but if that were the case, wouldn’t they have their own PR machine? Hmmm intriguing …
Kev I agree - I don’t know how long the ‘use by date’ is for SNG001 (has it ever been disclosed) but after the last 2 years, you would have to take as read, that any government with an ounce of common sense, would learn the lessons and stockpile / regularly update therapeutics that work and save lives. SNG001 seems very likely to become one of them imv.
While acknowledging that as a complete layman I know zilch about the real science behind covid 19 and the vaccines, I honestly think it’s very premature indeed for anyone - even the boffins - to be saying that we are approaching the end of the pandemic. What chance of another problematic variant emerging ? Can the experts really rule this scenario out with any degree of scientific confidence - I’m talking 95% + confidence levels ?
There have been throughout this pandemic and still are, many moving parts, vested interests, and players in the Covid story imo.
Anyone predicting the situation next winter had better have a blxxdy fabulous crystal ball !
Doc83 steady …. I and many other investors like charting too. Charts give indications of future price based on previous price patterns - as I’m sure you’ll known. They can be a very useful tool. News will always be key, but even on news, support and resistance levels can often come into play. I say often, but certainly not always. Sometimes new highs and lows can develop if longer term support and resistance levels are broken through.
It will be interesting to see what develops upon P3 results, and whether existing levels hold, or new ones develop.
As a foot note, nobody should ever be remortgaging their house to invest (gamble) the money in stocks imho.
Atb
DBW - PFS well before the end of Q2? I will have a glass of whatever optimistic liquor you’re drinking lol and sincerely hope you are right. But we all know the track record here and what chance another glitch cropping up? We can but hope that Solg do deliver on time, this time. Before time would be dandy. Beyond time would be a complete mess.
gunto great post thank you !
I previously thought that Astra Zenica would make a play for SNG001 and they still might, but my money is now on Pfizer doing so. They could then surely tap into that $17.9 Billion big-time?
Trinityman well said - post recommended.
The idea that our directors will sit on trial results (+ possible associated package of supplying & monetising SNG001), for a single day longer than necessary, is frankly ridiculous. They will want to see the fruits of their long labours coming to fruition just as quickly as us PIs.
I shall be holding all of my shares and topping up again if this weakness (imo) in the sp continues lower. Best of luck to holders !
Absolutely beyond my comprehension why anyone would be selling today? Unlike last Friday, I think we may well see an afternoon of FOMO and a decent rise. There certainly does appear to be buying pressure at the moment.
I’d certainly love to see one or two new institutional investors entering the fray at this ‘late’ stage creating buying pressure and competition. And I do think that next week might be ‘the week’. Keep ‘em all crossed guys :D
The sooner shorting is banned in the UK the better imv - a despicable and corrupt practise. But I’m living in cloud cuckoo land of course !!
I bought a few more this afternoon - crazy low prices imo given what’s potentially around the corner. It will be interesting to see whether sellers have been mugged at these levels or had some insight.
As other posters have noted, I think it’s most likely that results will come in February. I’ll stick with my guess of mid feb.
I’d much rather have a RNS giving results PLUS something like an EUA in the US, than just results. If the price of that is another 2 to 4 weeks while everything is sorted out, then it’s worth paying imo