Member Info for ShrewdDude67

ODX are NOT involved in the search for a vaccine. ODX are involved in the search for a viable, accurate, antibody test kit that can be made widely available and is quick to carry out without similar to a thumb-prick cholesterol test.

Therefore, what Matt Han**** said in the news conference wasn't applicable to ODX as they aren't part of the search for a vaccine.

There are 3 strands to the medical challenges....

1. A Vaccine - not currently available - This is Oxford Uni's play starting Thurs with trials
2. A Covid-19 viral test to see if a person currently "has" the virus. This is NCYT's play
3. An anti-body test that tells if you have "had" the virus previously. This is ODX's play

Has now bounced of that 150-153p floor 3 or 4 times now. That seems to offer strong support. I'm expecting an RNS in 1-3 weeks saying that the cancelled contract is back on albeit on reduced scope. I also wouldn't be surprised to see further director buying at these levels (A. Cochrane bought a shed load recently at 220-ish p).

Cracking medium term recovery play, particularly if we get an oil supercycle end of this year/beginning of next.

PDMS, what we say on here doesn't matter a fig when it comes to moving the price. We are all just talking our own book whenever we post in the deluded belief that we can make a difference to the price. We are pond-life, the lowest of the low when it comes to the market. We get the scraps after the big boys with insider knowledge have had their fill.

I'll be honest, I was looking for another play here below 32p today but didn't arrive. I'm a cold-bath type of trader when it comes to AIM because that's the only way to make money on the AIM moneypit. Believe me I've been burn't by holding AIM stocks longer than a few days at most. And when I say burnt, I mean 95% loss on some dogs.

I'll level with you, I've been trading/investing seriously now for 4 years and was £58k up (net) before the market started crashing recently. I've had to give up about £20k of what I made but still up overall by £38k.

ODX? Yes it has the potential to be another NCYT, however, I would advise newbies to play it safer with blue-chips before even thinking about gambling on this. Very, very seldom do you lose your shirt on blue-chips. Shirts get lost on AIM every day.

Hey mate.....a £300 profit is a profit! Better than a £300 loss. Bag 2 or 3 of them per week and your earning £45k per year for pushing buttons.

"Motley Fool...wouldn't take any notice of that bunch of morons!"

Yes, because it doesn't fit your narrative. If they had left off the last paragraph you'd be singing it's praises.

Indeed, he left out the last line. Wonder why?

Blimey, it's gone quiet in here. Where have all the rampers gone?

I think he may be right - placing being worked.

But, surely he would have been aware of the ODX in-progress test??

I'll be honest, was looking to get back in here, but what he's said has made me think twice. Seriously!

Is what Trader3 is saying is.......it's time to get out here? Hmmm

Or, was he the only sucker applying for the job at a time like this?

And don't forget......who builds oil storage facilities.....yep.....PFC (amongst other things of course)

Oilprice.com

Brent 20 ish
WTI 22 ish

WTI crude now higher than Brent. It's a crazy world right now.

Good support level at 150p here. Shouldn't go below that, hopefully.

Whole market selling off. Not just here

The market can be brutal.

Brent's turn to tank today. Doesn't look like this is going up to me. Not in the short term at least.

Huge short term downside risk here. Ceo was priced in already and he isn't exactly Bob Dudley is he?

Longer term should be fine but don't expect fireworks here for a good while. Not with oil and Covid as it is.