Member Info for Safy

Sam,

I agree, a very experienced investor told me to set up a kill. I was told that MM’s can either see those or take an educated guess what price they would be at and they trigger them to collect shares. Only problem is you have no idea where the ceiling is. Like SNG, imagine selling out at 120% only to see it rise to 550%... sick feeling. And I bet lots will have done that. That company that went up 12000%, there was a guy posting there who must have been a LTH. He just wouldn’t sell, and he was right it kept going up, but I bet when he wanted to sell he was locked out.

I complained about the same thing, what’s the point having a 200% raise if you can’t sell when it gets to 200%. I also believe that once you set those kills the broker must have a direct link to the market so those trades must follow a different execution route and maybe are more likely to execute BUT if it drops lower than the kill your broker won’t you sell through the app. HL definitely don’t. You got to kill the kill, then sell. In that time you may well end up with peanuts. The system is designed to make you lose money basically.

Yes very interesting,

Now something like this could present an opportunity for GDR IF the government has only just thought of doing this given Leicester and Blackburn.

Starr

The Chinese FDA news just further confirmed what I wrote in a previous post, that my own research said up to two months too.

FDA with a 2 month timeline takes us into mid August.

ICMR has to deliver very soon. They say 15 days on their site but given that it’s India and the process is complicated let’s give them 40 days given that they are busy. That also takes us to end of this month, early August.

WHO if they took 2 months would also take us into August.

Basically August could have an RNS every week.

No Ethio

I just want to make my money back here at the moment. It seems GDR has spiked me more times than a rose bush. Up and down like a yo-yo.

August is key for us.

The article has been out for nearly a day. It’s not new news.

Secondly these are the same bafoons who said face masks are not proven.

The same bafoons who can’t tell you if you can get covid twice.

Simple question - would you buy a test for £2 to check if you’ve had it?

Read the guardian article, the antibody tests are linked to the vaccine.

It would be foolish of the government to order vaccines but no antibody tests.

Coronavirus: Surge in lockdown day traders 'treating stock markets like a casino'
http://news.sky.com/story/coronavirus-surge-in-lockdown-day-traders-treating-stock-markets-like-a-casino-12034879

The only positive I can think of right now is that we are operating on a 60% profit margin, and that Cytiva capacity can be scaled up (assumption).

So I know if it was me, if Im behind the game, I’d drop my prices and double production. Even if I had to work on 20%. That 20% would then be 40%.

Obviously DB knows more about what’s going on in the market place than us. All is not lost. Plenty of ways to get sales.

FDA takes around 2 months, we are about 4.5-5 weeks into FDA timeline.

ST

You've hit it on the head, we approached the EU when they had all the tests they would need and the virus was under control. Plus selling to countries who have their own in country diagnostic companies is incredibly hard. Only an incompetent country like the UK would ignore home grown to buy from outside the UK. The rest play fair.

However USA, Africa and India, its only just beginning. They are not near their peak. Infact no where near. And this is their first wave. Winter hasnt started yet.

Gloria

Thats not true.

AVCT have more posters than GDR.

Does anyone have an opinion which they can back up on why this share is so volatile?

I've just looked at AVCT 1 month chart and they are 8% down
Ours is around 46% if we didnt spike earlier this week or 31% with the spike

Madhav

Can you ring your contact to find out what the latest is?

Also is it possible to ring ICMR and find out what the timeline for approval is?

@Magsy

Something is definitely happening, its going down.

Grim

I am not saying that, the company seems confident is getting the approval so im rolling with that.
Im just saying its not like handing out candy getting ICMR, so when / If we get it, its a significant accomplishment. Same way FDA is significant. Getting those approvals cannot possibly be ignored by the markets.

- Indian approval was applied for in mid-June and the process is ongoing. The Company remains very confident that rapid commercial roll out could be achieved in India through both existing distribution partners and DIVOC Health, a new COVID focussed partner in India.

So we are past mid July, next week we will be end of July.

3 KEY messages from that snippet above (RNS - Trading Update)

1) Very confident
2) Rapid commercial rollout - 1m order must be for India
3) Through both existing distribution partners and DIVOC - Thats basically BOTH Arkray and DIVOC.

India to come first based on the RNS, seems they are ready to ship, and confidence in BOTH Arkray and DIVOC getting sales. Thats important, shows the demand is there.

@LP

do you remember a guy posting last week who worked out from the time a new entry appeared on the FDA website to approval was 2 months? I think you replied to him.

@scart

Exactly what you wrote +1

Fauci said today he doesn’t see us eradicating Covid-19. He reckons it will be bought down to manageable levels.