Member Info for RichTheNewbie

L2 doesn't tell you whats a buy and what's a sell it's just a guesstimation based on the midprice.
Buys going through at 170p at the moment.

And doesn't require careful/painful administration in hospital like FARN. FARN might actually be a good short now. Their SP has risen but their product is inferior in pretty much every material way.

Can everyone who's going to sell anything just do it now and then get your ramps of every other stock out of the way now. Rather than have the board full of people ramping every other stock all day.
So the rest of us can enjoy an exciting week as the world starts to hear about the amazing news today.

Well it wasn't fkin cyanide was it. Christ. Google the word placebo if you're this hard of thinking.

rogerphillip - are you entering the race for the award for the most uninformed stupid comment. Especially when it tells you in plain English that three people died on the placebo half of the trial. Jeez.

I'll repeat my suggestion(s) previously made on this board (as it's probably been lost in today's spam), that if you do want to buy (and can't get a quote), try phoning your broker rather than doing it online. You'll probably have more success that way.

We'll get this every day. Every time it pulls back a bit people will jump out the woodwork to say the rise has finished. Yet every share has pullbacks along a rise otherwise the market makers have no shares to sell. They need to create pullbacks to gather shares to sell at higher prices.
Remember the big rises earlier in the year, it regularly pulled back, and then kept rising, and that was without any concrete results.
It's just what happens.

Do it on quote Kays92 or phone the broker now if you can't get a quote.

This hasn't even hit the media properly yet. Not even had the press conference yet. America hasn't even woken up.
A mate of mine keeps asking me why I haven't sold....I remind him of this.

Remember the market makers need shares to sell....and the best way to get them is to open up much higher and then pull it back a little to try to get sellers thinking it's falling. That way they gather up some shares to work with in the subsequent rises.

We all just fell for Punit's trick (myself included) spamming sell all the way down the board by replying to his topic.
So let's try a different tack:
Think about it this way...how long do you think it's going to take to hit mainstream media and then filter down to every joe bloggs. A day, two days, a week? This news is going to be global and take a while to spread.

Yup I had two ISA's ready to buy more if I could get anything on the bell. No chance as expected.

Probably the worst possible thing you could do. The market makers will be absolutely desperate for shares.

I don't have a plan. This news is massive. It will take days and weeks for it to spread around the world.
I think selling anything today will more likely than not therefore be a massive mistake.
Going to see what happens.

I'm not "expecting" that - they'll just rightly be trumpeting this news across the world.
However the majors can now form a disorderly queue...

Well I've not been called an Avocado before.....but thanks :)

I doubt the broker was expecting results as good as this either! This is probably the most significant RNS on any share I've ever been involved in.

OK that's much better than expected! Fireworks today!
Nolupus - guess my reading of RM was pretty good then. I am a decent poker player ;)

I don't think that's a ramp.
Numerous times I've pointed out that Acacia appear to stop selling on-market near 35p and allow it to rise significantly before dumping any more. So far this has proved to be correct.
Of course, this doesn't stop them agreeing deals for lumps which are reported irrespective of the on-market trading, and it doesn't mean they can't restart selling at any given price.
However previous history has shown this can rise quickly and significantly when they're not dumping on market.
So far history appears to be repeating itself as the fall has arrested, levelled off, and rise started to pick up pace on Friday (exactly as I suggested it might).
If it continues, as it has before, this could go on a good run without news, before they dump any more on-market.
Not that there's any guarantee of that.
If some good news lands Monday then it's all irrelevant anyway (but whatever happens their holding is being worked through quite quickly - and based on the lumps that keep appearing - could well be done before many people think - depending on the level of interest in the background from bigger players buying these lumps).
Those are the facts. It's up to each person to weigh the benefit of buying/holding/selling.
I'm no stranger to locking in a profit or managing risk. Neither am I a stranger to seeing good news land immediately afterwards and how annoying that is (the original game-changing fundraising and COVID trial news coming days after I'd locked in my profit - not having knowledge that was coming).

I wouldn't take advice from them either. Especially the ones that turned up on Friday.
I didn't advise this person to buy or not as it's up to them to make up their own mind.
Personally I'd pay zero attention to anything said on this board as the vast majority of people consistently call everything wrong.
Doing exactly that has served me very well indeed.