Member Info for RichTheNewbie

Performing exactly as before, cooling off phase after initial rise, small batch of trader sells, and buying coming back in again now.
I don't really believe in this "technical" malarchy (barring its self-fulfilling nature) but Zak Mir's posted another update and saying this is targeting 20p or so now.

Very rarely do I find I can't buy on IG but at the moment it won't let me (exchange check failed). Can only get the quotes.

There's clearly feck all free float. 10.84p to buy less than a grands worth.

Into the 10.xx's to buy now.
Current batch of PI sells exhausted again.

And because of the location of PXS, chances are it’ll probably mean overnight news they’ve done a deal, out of the blue, and the opening price of this will gap up, before any trading starts.

Heh, I was just copying that part, having read the link, but not your follow up message :)
I reckon the situation is there’s good interest but the pharma companies are trying to drive a hard bargain. However PXS are standing up to the pressure and making clear they can sustain themselves without needing to jump at lowball offers (and/or probably demanding a decent chunk up front - which suits SNG).

And I think I need some sleep judging by the start of that last reply ;)

Certainly definitely doesn't appear to be masses available now.
Anything over 50k and the quotes just to 10.5p.
Little bit of buying should nudge us into double digits.

Please don't jinx things :p
Nothing is certain.
However I think this has a great shot at being a huge winner (hence I've been invested for a long time :p).
We're now at crunch time.
Signs the Woodford situation is being resolved, judging by the trading, or it never actually was a problem, and was simply a fear of it being a problem that led to the deterioration of the share price. Either way, it appears that people are no longer judging it as a problem, and the buying has been steadily increasing.
A deal for LOXL2 from PXS could literally come at any moment and leave the majority of the MCAP underpinned with cash and many many multiples of the MCAP in milestones on top.
Similarly, the SNG001 trial, which was scheduled to finish in April, presumably assuming a normal flu season, must be close to completion, as the flu spike was about 2 months early this year. There would be nothing to stop SNG's management to have been lining up deals contingent on successful data from the trial. So, frankly, from now onwards, there's the potential for a blockbuster RNS.
You pays your money you takes your chances as they say......I'm in for the ride and hopefully it's finally time to for this stock to shine.

And then Mr Woodford came and scuppered the best laid plans....;)

I still find it unnerving all your positivity now you've bought, you rascal ;)
But yeah, when I was searching around for stocks, back when I first invested in this, I did consider that ones with large amounts of PIs already invested, were more likely to be those that are already in a bubble, and therefore the potential pool of new PI investors smaller.
That was on top of trying to find ones where I thought huge multiples of their share price were realistic / undervalued compared to their assets, ones that rarely diluted, ones that had competent/credible management, etc.

Looks like another pause to gather all the profit takers they can from the most recent jump up. Eeeking out as many PI sells as they can sub-10p by the look of it.

And that figure is only an average across a wide range of stocks anyway...so there's not much point in trying to draw any direct inference to here.
Would be good if they manage to take everything in one go though.

I wouldn't call peak value 13-14p or anything like it. Woodford bought at 50p in 2014 so I don't think you could call peak value anything under that. It was briefly up to 70p after that. If you said 55% of 50 that'd be 27.5p. That's still just half of the most recent broker note which estimated the current risked valuation here at 54p. Success on SNG001 doubles that (and more potentially).

Scratch that. Still seems to be a bit of background selling. The trade feed and quotes on this one are clearly little indication of anything and supremely obfuscated.

Looked like most of the short-term trader sells have been absorbed. I could only get 10k before the price quoted rose.

(mine being yesterday for the avoidance of doubt)

Interesting trades today.
Looks like I'm not the only one who's mopping up the remaining sells from the traders after recent rise (only a couple of the trades being me).

The very short answer is nobody here will be likely able to tell you that (unless they happen to work for PJT, Link Fund, or the brokers perhaps). I'm personally not even convinced they're selling any on-market down at these prices judging by the trading.

Second batch of 50k added now.