The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
244p is the line to beat getting tagged on it at present might need a step back to go two forwards.
ValJu,
We have directors buying, Biosynex buying BIGTIME. Covid is now rampant again and Bird Flu has caused the UK to suspend selling all free range eggs. There is only one way this can go. and that's UP with more TR-1's to come.
Due not die
Record number of hospital admissions ever die to Covid in Scotland today.
And by the way 255p is the first step.
I'm expecting a retest of the 200DMA at 290p although I think it will go to about the 315p mark before coming back to test it for support.
Plenty in the tank and you only have e to see how they are walking this up, half a step back and not enough to make it worth trading IMO.
Made a few decent sized purchases myself. Chart showing 255p in the very near term
It would seem the SP is in a upwards trajectory now and I expect more RNS's this week of Dorector buys and Biosynex buys.
Covid is becoming rife again throughout the world, it's a matter of time before it makes the headlines again.
Sentiment is shifting and there is and will be more competition for NCYT shares.
Looking for 255p by weekend if not a challenge on the 200DMA at just below 300p.
This Friday 205p
Next Friday 250p ;-)
Like I've always said, the public will become so blase to it all, then something worse comes along and all the guard are down, apathy has set in and all hell breaks loose again.
Situation looks to be building up again.
Worth a look 295p is the TARGET and a retest of the 200DMA
https://twitter.com/thecitymile/status/1504362987745943555
I only really follow the live prices via Level 2 bit I can tell you all this week it's moved as you'd expect and today some of the buy and sell prices v the official spreads were way off.
It has to be said the MM's have tried to confuse and bluff through today to aid the accumulation of Biosynex.
Much high prices to come..
Gazman,
Almost certainly a buy, explain why the price went back but not below that to sell on the middle of the day drops to around that level.
Directors buying, Biosynex buying, I'm buying, I hope you all are too.
Totally agree Chris.
No doubt about it that thus share continues to languish well below true value, even though Biosynex have added 5.5%.
I have watched and everytime we see a rise in the price on the back of Biosynex buying we them see a drop off to a high low before the process starts again.
So to your point, yes I wouldnt be suprised if Biosyne have a short open to to control the price and keep it in check so they can load up as cheap as possibly. In a low volume stock this is easier to do.
To that end we may see a pull back through the start of this week before continuing the rise to 190p the week after.
One thing is for certain Biosynex are not allowing the price to run away too much, too quickly.
Unfortunately looks like it's suffering from the old Friday sell off.
Compounded at the moment with the fact that people don't want to hold in case Putin throws something dirty over the weekend.
Should see it pick up the rising COVID situation and should go well the start of next week. Ideal time to buy now before the rise to 220p IMO.
https://twitter.com/thecitymile/status/1502209662644457475
Looking good for 220p starters.