RE: RichKen17 Jun 2020 19:51
Adam,
For your sake I hope this post is a joke.
If you have made a loss, no doubt you will have tried your hardest to recoup and got into more bother....and when things get desperate every decision is a bad one.
Take most of your capital investment out and put it into your bank account. And think of nothing money related for a few weeks. This isn’t the only share in the world, it’s also not the least riskiest either. Did someone tell you that this year we could be getting the mother of stock market crashes? What’s going to happen to your money then?
AVCT is another bio like any other bio’s here. Every share has its potential, but to make what you’re projecting and I mean EVERYTHING in AVCT, it has to pull off in spectacular style.
Look up clinical testing. Most of the AVCT drugs are preclinical, it takes years and years and loads of money to get these through to phase III and gain approvals. Avct CEO played a blinder and got himself funded on the back of Covid for a few years... ask yourself, the world needs the tests now, why would he plough 35m in cancer drugs most of which have not even started clinical trials? And 10m into Covid, when Covid is here and now....when AVCT rampers claim time have the best test in the world.
Look up Motif Bio, their drug failed FDA approval and the SP tanked 95%. Yes you read it right. I’m not saying AVCT is the same but they all play on the same field.
Tiziana (TILS) their drug miciclib took 3 years just to move from Phase IIa to phase IIb. They also have a cancer diagnostic tool called StemprintER. It took 7 years to develop that, and it still needs until next year to enter market.
Look up how many drugs get FDA approval, it’s around 13% last time I read up on it. No approval means game over.
Look at AVCT for what is imminent or around the corner, which is Covid and stick to that. RichKen can big up AVCT all he likes, judging by his name he won’t be short of a few quid and lastly it’s not his money, it’s yours. If your trusting a guy on a bulletin board to make you hundreds of thousands and sort your pension out you really need help.
Today I sat by and watched VLS go up 65%, it was on my list of stocks to buy into, check my posting history and you will see it. But I forgot to execute the trade this morning. The old me would have jumped in at 25% and gone for a ride, having seen how brutal the markets are i decided to sit it out. Every CEO looks after number 1 which is himself and then his company. Don’t trust anyone.
These professional traders make money of people like you. They tip the shares to get momentum, start the ramp, get money going in... How many posts have you seen from these guys when they pull profits out?
Look up AVCT on Twitter, insider trading, people knew about the placement. Ask yourself how they knew. Look up the ramp and deramp squads which have been outed. Be very careful pal.
GL