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Agree Dave on sells. I am surprised that somebody is happy selling their shares in chunks of few thousands every hour or so for few days at this price! Is it just an annoyed investor or PI?
Or is it balancing the books to keep us at 60p?
good one PacMan. No news is pushing people on the edge, especially the worry of any bad news. But it is important to weigh up pros and cons of all eventualities.
FDA EUA: It is long overdue but there is no way of knowing when it will land rather than if. We all know what will happen to the SP on that day. I hope that the day is sometime this month but if it doesn't then we may get some drop. The only way the SP to drop to 40s will be IF FDA rejects the application. Considering the results of all the pilot studies, this is very unlikely. I would hold until we get EUA evenif it takes few more weeks and ignore any drops.
POC: same possibility as EUA. It is matter of when rather than if.
AIHL: No more doubts left on this business but it will the one GDR will make money for the rest of its life.
EU MOH: I have no faith in EU looking at their recent behaviour towards UK and its businesses.
India: I personally would not bet on them when I know that they have PCT tests available for £2. Accuracy or speed is nobody's concern. There is no way GDR can compete with them on price.
HCV: same as AIHL, will generate revenue to pay for DB's bonus for years.
POC for TB: This has potential to turn GDR into FTSE 100 company but has taken ages to materialise. The project is not shelved but put on sideline due to Covid.
So my choices at the moment are to either hold on to the shares through thick and thin and wait, even if it takes a month or two longer. The other option is to sell out, recoup some money elsewhere and come back when the SP here drops further, which is less likely. We may get news of some delay by end of this month but any drop will be temporary until we get the news we want.
It is shambolic but I don't think it is limited to just test and trace or LFTs. I am sure they have same corruption in RT PCT tests too. No one knows who is making all the money and how these tests have been approved or used.
I still belive that these tests are hear to stay and better tests like ours will replace them.
Well said Pink. Some of them were moaning even before the March crash. They wanted 5 or 10 bags instantly and it didn't materialise. I could have sold at 150 but was waiting for 160 and the last 10p cost me dearly. I never anticipated drop of 50% which I think is overexagerrated.
Deer: I am same with slightly higher average of 118p. You are lucky to recover some losses by jumping here and there but it is very easy to lose out as well. Imagine if you jumped onto hemo etc.
The trouble is when odx/gdr start rising, they jump in 2 digits and suddenly you miss the gains.
DB has been annoyingly quiet, hence the current SP and frustrated PIs. For me, like others, end of June will be the time to make decision. Hopefully, we will have some forecast on the revenues especially from BC business in EU/UK. FDA Eua is definitely overdue and will be the main fuel for GDR rocket taking us well past our averages.
Too risky to jump in and put at this stage, so holding on.
Agree Dave, odx and avct will both do fine but so will GDR. ODX will have maximum capacity issue with existing infrastructure whereas GDR doesn't. The question is which one of these will jump first. We will find out by end of June.
It is interesting that BritishBulls changed their signal to 'Short' for ODX yesterday at 59.8 and they are now 70p. It shows how difficult it is to forecast Covid shares with traditional charts.
GDR has 'stay short' signal since 2nd June. It won't be too long before we get a booster.
Any more info on this tweet??
https://twitter.com/PinkInc2/status/1402734334822522888?s=20
All covid related stocks are taking some kicking but I think people are being naive in thinking that Covid is over. All we have managed is to control the disease. The only way to win will be surveillance and regular tests.
PCR testing labs are already under pressure and likely to be worse once we start travelling again. All I pray for is 'no bad news'. Eventhough chances of good news is much higher.
Good to see some positive posts. It has been depressing few days.
The current SP reflects the GDR value with starting sales potential with AIHL and US MOD which should reach around 10 - 15mil in near future. Anything from COVID front will be an additional boost.
I still believe that BC will gobble us purely to cut down on costs of the tests, especially after FDA.