RE: Protease inhibitors.5 May 2021 16:38
I am not the one pretending to understand patterns on a chart, asking people, and insisting no less, for their opinion on something they have already stated they have expertise in is a bad habit that you need to stop for your own good. I did say in the past that the £50 put was delusional but that was based on making the right assumptions on the competitive position of the drug itself rather than whatever voodoo patterns. I also said that I would be happy to exit around £3, but that just means what I would be happy with and obviously if one day it opens above that then I will sell at whatever price it is. I also said that prior to covid this was a 10p stock, which is simply a fact and I added that since then we know the copd results weren't great so if all covid trials fail then I guess it will depend on how much cash they have left to do further trials, so it could be in that case (all covid trials failed and little cash left) under 10p or something that reflects more on their cash position. But this is as much as I would dare to say about price targets.