Member Info for RichTheNewbie

That's the former-Woodford holding (Link Fund are the administrators).
Latest rumours sounds like there's some fighting over the biotech holdings, and even Woodford himself potentially trying to get backers to buy them up, but this time focussing on professional investors rather than retail punters.
Yes, as far as anyone knows, they're still holding. I imagine it's a no brainer for them.....without success they'd find it hard to sell huge volumes without tanking the price. If this has the success many of us expect shortly.....then it could easily end up a £100m or £200m company (and they won't have a problem selling anymore :p)

Still playing out exactly as predicted, so far, with the pattern incredibly strong.

First observed it nearly a month ago as you can see from these old predictions all posted on here in advance:
https://www.tradingview.com/x/X3nuKJEc/
then
https://www.tradingview.com/x/SzdLbPjX/
then
https://www.tradingview.com/x/OEQQKyA5/
then
https://www.tradingview.com/x/SzdLbPjX/

Hopefully this continues - and if so we should be approaching 30p relatively shortly.

Believe it's just automatic rather than someone actively choosing to do it (if that answers your question - and it wasn't rhetorical).
I think it's interesting it was a considerably larger, in the middle of the closing spread, and coinciding with the expected bounce point (on scribbly chart below). Might suggest the buying from the big guns is again coming back in to mop up the recent sells (as us mere mortals rarely get involved in closing auctions).

Just have to treat it as an opportunity. Played out perfectly to the pattern again.

Quite interestingly, each time it drops and they manage to get a PI sell or two, someone's still coming in and buying them back up.
I remain of the opinion there's someone/some-entity who's been accumulating heavily (and still is) in the background.

Posted this yesterday: https://www.tradingview.com/x/SzdLbPjX/
And if I update it for right now - you'll see we're still smack on course with that trend again: https://www.tradingview.com/x/7aDowCe3/
For each big rise they need to pull it back and shake out as many sellers as they can.

This is exactly the point Bruce....you think there has only been one buy this morning!
In reality, there have been more buys than sells today, but they position the spread so that they all appear as sells on the automated trade feeds, which just guess at whether they're buys or sells, based on the mid-price.
Therefore people who don't understand this see a load of red/sells, think it's going down, and influences them to sell.
That's the game.

I reckon they're probably still net short of them overall. Hence the games to try and gather some sellers.
There was lots of buying well above these prices so they need people to sell them back to them cheaper.

That's the point. It's a piddly amount done for one reason (imo). It means the closing price is artificially higher than what the actual trading was taking place at. Therefore in the morning things appear to be down (even though they're trading at the same price as the end of yesterday). It's a classic tactic to fool people into thinking its another downward day before trading even starts.

Mustn't grumble I suppose. My cheeky attempt to snipe and buy the dip failed but good to see buying from elsewhere resuming (whilst being flagged as sells, obviously, as intended).

Hmmm. It came up with an expired quote eventually at just under 20p. I think those two trades before must have been buys and beaten me to it. I guess their systems are struggling under all the action in the wider market at the moment.

Just tried to buy on IG and it's not giving me a quote. Weirdly it's not saying it can't get me a quote - just the entire quote page is blank after clicking request quote. Anyone else use them? Platform b*ggered again?

They're trying the old classic now.
Make yesterday's closing UT trade 20.6p so that the price finishes high (despite the trading being slightly down on crash-day).
Therefore the opening price ends up artificially higher today, and they promptly put through the only big sell from yesterday morning, thereby hoping to make it appear a bad day and spook some sellers out that they've been failing to get recently.

Next attempt to shake people out in progress.

I disagree with all of that ;) (well apart from the volume being a bit lower today)

Pullback didn't get many sellers, and actually got bought into heavily again, so now pushing back up quickly.
Back up to 20.8p to sell and 21.6p to buy now.
Market makers must be shorter than ever.

Well I don't want to jinx it, but personally I've not sold a single bean, and there doesn't look like a great deal of selling to me. In fact it looks like it's bouncing already - with the bid having gone from 19.6p to 19.8p and now 20p. I think they're still very short of stock. I'd never rule out further/longer pullbacks, if they try to get more stock that way, but thus far it seems like it just gets bought into after the pullback, so there's a good chance we'll have another move up, and we'll have to reach a point where people consider selling a meaningful amount of shares, to restock their coffers. I think it's clear we're not there yet personally ;)

Indeed that's the reason I've been invested for a long time (nothing to do with this current virus outbreak).

Of course you never know, the company might potentially get a massive short-term boost, by helping treat THIS virus.....but I don't bank on that happening.....

What's more important, is that it can potentially help the body protect against, and fight, many/most/all respiratory viruses!

Although on reflection the "widely available" and "having a licence for" bits don't fit (or not yet publicly :p)

Someone just posted this on another messageboard and you've gotta say he's/she's right (as the description does rather nail SNG001):
"Prof Chris Whitty, speaking this morning, has suggested that existing drugs could play a role in treating the coronavirus:

"Can we find drugs which we have got a licence for, we know the safety, they are widely available and which work against this virus?

The answer, I think, is going to be yes.

They won't necessarily be perfect drugs but they may be enough to improve the outcomes for the people in the most high-risk groups."

It is almost as if he is talking about SNG!"