The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
I think quite a few people thought it’d be Friday when we get a monster RNS. So I have no idea why people on here are losing their rag every single day this week. If you sell today and a commissioning, orders and licensing RNS comes out tomorrow - you’ll be furious.
Also today’s price does not represent value, this should be 3+ but is driven down by impatience and fear
Good luck Wayne, your luck will turn eventually - hope this is the one!
Wayne - if your partner would beat you up for losing 50k, you shouldn’t be gambling 100k of your money on penny stocks.
Agreed Pingu.
I’ve always suffered from FOMO and as hard as it is seeing other stocks soar this week, I will feel worse it im out of this and news drops, than I will if I wake up to an RNS saying the machine caught fire.
We are taking a matter of days, patience is key here
We’ve gone through a lot of garbage with this stock, but I think it’s time for positivity. For the first time I’m very confident of a decent RNS in the next few days, and the SP is poised to boom.
I think 2.62 represents a very low price, considering the warrants have been voted down, the company seems to be cleaning up its act and the only thing suppressing the SP right now is uncertainty.
We hit 3.2 a month ago on news of the mask approval
We hit 3.4 last week on news of the warrants
An RNS giving us confirmation of commissioning alone will get us back up well into the 3’s
Add in the potential for orders, licensing or any kind of concrete plan then this really could take off.
I won’t lie, I have reservations about this company, and I won’t be a long term holder, but I certainly am more comfortable holding the stock right now than I was before mask approval, and 2.6 represents a lot of value to me, I don’t think it will close a lot lower than this, even if we have no RNS tomorrow or Thursday, I think FOMO kicks in and people start to get on board at the discounted price.
Good luck all, this could be a big 3 days - enjoy the ride (to either millionaires row, or skid row).
Let us know if they respond with: “what masks?”
People are literally selling this in the morning and rebuying before close arent they :)
Yeah but Baldoc, I genuinely wouldn’t want to be out of this one overnight. RNS will come tomorrow, and I’m definitely topping up at these prices.
Jodrell, if they were going to make up a lie to cover up a hoax, I don’t think it would’ve been smart to claim 2 Lemu engineers are sick with COVID. There’s a thousand other excuses they could’ve used that doesn’t involve another company, a company that would instantly dismiss those claims if they were false.
Interesting they used the word “the”
I may be reading into it too much but that word can also be used in the sentence “this share is going to the moon”
Just a thought. Exciting.
DaProphet what is that assumption actually based on? If you don’t have results of the test, and the company have confirmed the same - how can you be sure the price will rise and not fall?
Unless you have some inside knowledge, you’re in the dark as much as the rest of us. For all we know, we’ve been played by day traders.
Isn't the entire purpose of a speeding ticket to be a bow to the regulator? :)
Soz Loc wasn’t referring to you. Was referring to those who think the response from the call was bad news
If you don’t think this is a speeding ticket, you’re deluded.
If you think nate’s comments have any effect on the share price you need your head testing.
He speaks the truth. You’re all gambling on something which there is no news on. There’s a very real likelihood that this stock was subject to a pump and dump yesterday, and there’s genuinely no news on the results.
If that is the case, you have a chance or losing 80% of the current value - and the man at the helm has a history of screwing over investors, so it won’t come as a surprise.
Be careful.
“I wouldn’t want to be out of this overnight”
I mean it’s hardly surprising a company secretary is giving a standard response to a randomer on the phone. What do you expect them to say? “RNS BEING RELEASED IN AN HOUR MATE LUMP IN”
Use your brain
can’t say I’m not jealous in this moment; they’ve doubled in 24hrs. But read the messages on there, these people are as deluded as half the rampers on here.
No RNS released and they’re already predicting they’re the new NCYT and this will go to 500p by the end of the week :)
Although, that’ll be us soon when we get an RNS and go back past 4p