Member Info for RichTheNewbie

Interestingly I've been occasionally checking the IG market for this which has been closing-only for a long time.
Since it's common for share prices falls on AIM to be exacerbated by leverage, and people getting closed out during falls, or forced to do it themselves.
Now the data shows there's less than 10 people with positions open on SNG (all of them longs) so at least now very little pressure can come from anyone forced to close on IG.

A major concern so you're trying to buy back. ;)
Always amusing with your nonsensical scaremongering.
If anything on AIM, silence is reassuring, most of the worst companies issue RNSs every five minutes, usually full of misleading nonsense, to keep the easily fooled PIs happy.
Companies like this, which only update when there is something material to say, are a breath of fresh air. Sadly they're few and far between.

Just taken a few more this morning. Didn't think I'd get the chance as low as this so would be rude not to.

Doesn't really tell you anything new bar a tiny bit of comment but here it is anyway:
https://www.proactiveinvestors.co.uk/companies/news/216451/synairgen-to-include-more-severe-copd-patients-in-phase-ii-sng001-study-216451.html

Of course if you believe in trend channels, this does still appear to be at the bottom of the long-term upward trend channel, and therefore potentially a good time to buy, if that's correct.
https://www.tradingview.com/x/9YQUOx22/

Nobody can tell you the answer to if/when a jump will occur.
Ultimately, whilst things are looking good on the in-house drug, you're probably not going to see if the fruits of that are tasty for a while.
In the nearer term however, Pharmaxis could do a deal to farm-out the LOXL2 drug, which SNG has a share of, at any moment.
That could quite literally be in 5 minutes time for all we know.
It's at the stage where big pharma have had all the data for a while, and ultimately, if they conclude that it's worth a good offer, then that could be a very tidy windfall for SNG and underpin the company nicely. There's certainly been nothing to suggest anything other than things are looking extremely good there.

There've only been two trades today - and could simply be sells due to Brexit mess that'll rebuy when sorted (as an example).
Or you could say the very large trades that appear to be buys recently mean they need to keep it low and gather some sells nice and cheaply to refill their coffers.
No point speculating really as it's impossible to tell!

More good news for SNG.

Shorting isn’t really a bad thing necessarily.
It’s a long argument but it would be better to have proper regulation on AIM.
There’s a lot of endlessly diluting companies only in it to make directors and connected parties rich.
Thankfully this is as far away from that as you’ll find.

Looks like the big boys doing a bit of business today. Large rollover at the end it would appear in the pair of 105k trades which followed an even bigger trade appearing to be a buy of 340,000 (over £52,000).

It's just you trying to find a negative out of nothing.
It's a drug development company.
If you're expecting it to have loads of profit before the research has got to the stage where it's generating money then you're bonkers!
I don't think you can be that stupid though......I assume you just like to spout negativity when you're looking to buy in cheaper ;)

"Mark Brewer of small-cap specialist finnCap said the adjusted net loss was £1.3mln better than he had been forecasting. He added that year-end cash of £5.3mln was “sufficient to more than cover the cost of the ongoing phase IIa study of SNG001”. On the slower than expected sign-up rate for the trial, he added: “We are hugely reassured by the fact that all patients enrolled are virus-positive, which increases the probability of SNG001 showing a drug-related effect.” Brewer’s price target for the stock is 54p. The shares are currently changing hands for 16p."

I was going to post my own view on the RNS but basically the broker comment sums up what I thought. So I think we'll see good news from Pharmaxis (LOXL2) before we do on SNG001 (although the chances of it doing well are looking better potentially).

Yeah - almost certainly - buying came in at the end to even things out (even though they're flagged as sells obviously due to the high official ask price.

Well if the prediction I posted a few weeks ago comes true (1st Feb) you'll have timed it very nicely Y-Alam!
Hopefully so.

You usually post unfounded nonsense rather than being right.

Still scaremongering eh destitute. Though at least you're fair and post the same nonsense on a wide range of shares.

Building on my previous guesstimate I've noticed that this is setting up very much in line with two common bullish chart patterns in case any of you like that sort of thing.

Inverse Head and Shoulders formation: https://pbs.twimg.com/media/Dy0GsqPXQAAvCX2.jpg:large

Cup and Handle formation: https://pbs.twimg.com/media/Dy0Hg26X0AEpVpB.jpg:large

Closing bracket should obviously have been after "here" in the first sentence, not at the end.
Ballsed that up.

As I'm bullish (or I wouldn't be here I see this playing out a couple of ways most likely).
https://www.tradingview.com/x/2n57z3sZ/

Either it bounces off the second upper black line and breaks up and outwards through it.
OR
It dips back through the second upper black line, into the main uptrend channel, and into the shaded cyan circle.

I think the last test of the bottom of the channel showed nobody wants to sell and it bounced strongly upwards and therefore I expect if it dips into the cyan area, with the usual spread of 1p or 1.5p, most of the bottom half of the circle will be the spread itself, and therefore there'll be a very short amount of time to buy at 15.5 or more likely around 16p at best. I expect it then to head back to the top of the channel again and try to break it.

So selling to buy back would be quite risky in terms of being locked out, if it bounces upwards in scenario 1, whether due to news, simply due to buying/lack of selling. It wouldn't also be particularly worth it in scenario 2 as, after taking account of the spread, you probably wouldn't be making very much at all.

Of course neither scenarios might be right......but personally I think it's very likely one of them will be ;)

You're fairly blatantly a silly trader trying to scaremonger people with your nonsense destitute.
Yesterday you said you were out and wishing everyone luck.
Today, because it's not dropping as much as you're hoped, you're back to trying to scaremonger, and buy back in before the rise you're waiting for like the rest of us, which is difficult to do for less than you sold for because of the big spread.