Member Info for RichTheNewbie

Will you lot relax and wait patiently :p
No need for swearing because of a couple of tiny sells!

Yeah - judging by a quick test - it would appear all of these trades are buys.
Cheeky MMonkeys.

Lol. I might start to like you Rasmus. Couldn't agree more :)

I'm not a big fan of charting in general.
The vast majority of chartists post utter nonsense and get it wrong far more often than they get it right (especially the more "indicators" they reference. Which usually just serve to make it LOOK intelligent rather than actually BEING intelligent.
HOWEVER big overall trend channels aren't usually too bad for giving an idea of things. Ignoring events that fundamentally change things.

Everything's lining up very nicely now, coinciding nicely with these charts, if good news starts coming in.

Looked at your charts now.
Imo, the chartists I referred to previously, just bunged the downward channel far too wide, and consequently ignored the uptrend wrongly.
If we add in that shorter (medium) term downward channel, it's starting to break out of it now, and coinciding with the double-bottom you're observing.
https://www.tradingview.com/x/bEVgGeOM/

It's been following the long term uptrend almost as perfectly as you could ask for.

Saw some people, calling themselves "chartists", banging on about a downtrend and predicting low targets, but as usual they were completely wrong.

I posted this about three and a half weeks ago suggesting they were over analysing things and getting it wrong:
https://www.tradingview.com/x/X1So49tL/

It's continued to follow it, as expected, and bounced nicely off the bottom of that trend channel:
https://www.tradingview.com/x/ya5SssBr/

Trading looks very encouraging to me.
Quite a few piddly looking sells but in between someone is continually hoovering them up.
Someone is buying in £5k blocks - probably trying not to move the price up too much whilst they accumulate.
Third one of over 37,000 shares just gone through.
Just need the PIs to stop dripping sells in shooting themselves in the foot.

Some snippets of note from PXS's recent announcements:
"We are particularly pleased with progress in new drug development where the extensive partnering data package for our LOXL2 program for fibrotic diseases is very close to completion"
and
"Given the near term value we see in these particular programs the Board considered it prudent to strengthen the Company's balance sheet ahead of partnering negotiations for the LOXL2 program which we expect to occur next quarter"

You look at the the last deal PXS did for PXS-4728A which potentially gets them $600m in milestones ($83m already received).

The LOXL2 seems to have wide applicability, therefore big markets, and backed up by specialists like ARIX wanting in now, taking large chunks in their placing.

With 17% of all potential partnering proceeds it could be huge amounts to SNG in comparison to its MCAP.

Couldn't be looking much better imo.

Without being an expert in the field it looks to the layman like this could be an even more appealing (valuable drug than their last deal) but hard to judge (anyone have a view on this/that?)
Having said I'm no expert, I do know an excessive number of PhD's in this field (rather randomly) from a previous job, so perhaps I'll see if I can get them to give a view on what the market size might be for what LOXL2 can do versus what the last one they sold to Boehringer can/does.

Decent finish.
Buying started to come back in from after 3pm.
Looks like they gave the 10%ers a chance to push the price back down a bit, before accumulating some more, as expected/hoped earlier.

Yeah we had all realised that already hence everyone referring to them as buys :p

Probably have to let out a few of the 10%ers on AIM at this point.

However....bearing in mind there's been hardly any volume down at the lows there can't be that many 10%ers to take profit (everyone always claims they bought at the lows later on - but the volume usually proves many of them must be lieing).

What'll be more interesting is if we get any further big buys.

Someone bought nearly £100k at an average of nearly 13.5p if the two large trades were the same person.

So presumably they're expecting the price to go considerably higher than that (and also may consider buying more if any profit takers temporarily pull back the price).

Certainly huge delayed buys coming in. Getting interesting.

Play nicely you lot.

I believe these comments are a bit more relevant, and from the CEO not someone who's saying little more than "are we there yet" in a very verbose way ;)

https://www.reddit.com/r/factom/comments/97sgnd/were_factom_authority_node_operators_anos_ask_us/e4d55xp/?context=8&depth=9

The most relevant bits being: "For better or for worse, we at Factom Inc. took the approach of targeting enterprise applications. Adoption by enterprise is slower. Adoption is even slower by large enterprises for projects with far more resources behind them than most expected, and we are no exception."

and

"I'll stand behind my claim that 2018 is our year for Factom. We will see adoption, investment, and recognition for the protocol. And we will remain standing after all the crypto projects of 2017 are sifted out and judged, because we do have the right technology, and we have the right ecosystem."

This was from only 1 month ago and therefore I'd suggest he's quite confident the final part of this year will see some very pleasing developments in the next few months that remain of 2018.

Also older comments like:
https://www.reddit.com/r/factom/comments/8orean/join_us_wednesday_june_6th_79_am_ct_for_a_factom/e07h5tv/?context=8&depth=9

"Quite a bit of demand, but being sold to huge enterprises. Countries are enterprises, right?

The bigger the customer, the slower the process."

Ultimately, the approach Factom Inc are taking, means that most likely you'll not see gradual ramps up in business, but large step changes as a big customer adopts the tech. Once they have any large customer adopting/using it. Then it becomes infinitely easier to both fund development, put it through its paces in the real world, and if it goes well (barring minor issues), becomes infinitely easier to sell to other clients using the first big client as an example.

It's a reasonable point.
Whilst I'm essentially a skeptic on Yooya, due to lack of information / activity, you could be right, and they've essentially been focussing on working on things "behind the scenes".
The statement in that RNS about them setting a sales record this year is encouraging anyway.

Looks rather like the weekend assumptions were correct. Large blocks buys - which imo are often spread trades rolled up into blocks for hedging by the providers. Reckon a few were short and have started closing their shorts.

Looks like the scaremongering con-job crew are getting very desperate and calling in for reinforcement when discredited!
Perhaps some of them were silly enough to go short on this and are realising they might get toasted.
Either way, they're here for a reason, they want to buy in whilst trying to scare people into selling, or they're worried their shorts are going to be in pain, and will have to buy to close them shortly.
Ho ho.

Yes.
It gives a valuation on what the market thinks Factom Inc is worth, in the same way any share is valued based on its share price, multiplied by the shares in issue.
It's not definitive, just like a share price doesn't always reflect the value in a company, but it gives an idea of what the market currently thinks.
How that translates into an SP rise is through buying and selling obviously (if people can see the value of Factom Inc rising then so is the value of FFWD's investment).

There's two significant things which we have reasonable chances of news on very soon, which is the option on Factom and option on Intensity. Both of which expire in only two weeks time.

This is ignoring any other news, of new investments, or news from investee companies.

Nothing surprises me on here anymore.
I've seen a lot stranger things and people, than if you had only seen the first movie recently, regardless of your moniker :p