Sapan Gai, CCO at Sovereign Metals, discusses their superior graphite test results. Watch the video here.
Fingers crossed, without rns this move looks like a leak, hope so.
Did some trading bought at 49 recently and sold today at 68. Still invested in my other medium term pot
Otherwise most of these covid stocks have given false hopes. Unless a rns with contract and number lands they will retrace.
**message typed yesterday, apologies missed pressing the post message button. Perhaps had a few too many after a pathetic day at auctions :( ***
Hello 1509,
No news and good 18% up. Been a few times on these COVID stocks and every time I hope that its for real and not a false rise as has been a few times in the past. Volumes tomorrow morning will be interesting to watch for. Positive to see it close at 70.
I think it all depends on the RNS related to UK contract with actual figures. Pipeline of other products is strong but most of that is related to capacity with little clarity on actual numbers.
Till actual numbers are out it would be case of being either over sold like 2 days back or pump & dump stock.
Good luck all
Hello 1509, i am invested in odx for a while now. I think trigger for move is numbers and that's been missing. I opened RNS and without a sight on orders/numbers I wasn't expecting any significant SP move. Its patience and expectations being tested here along with other similar covid stocks. Where vaccines are moving things forward (thankfully) the space for these companies are being limited (to some extent) and thus wait game for numbers is even more painful.
Another one of my COVID buys from last summer and a fair bit down on it. I am bit surprised with SP specially with RNS related to India progress. Considering India is in middle of second wave I was expecting RNS on orders/numbers sooner. But approval doesn't means orders :( Also some contractual elements may have restricted information of number - less likely
However, there was some positive news in local media (someone shared on GDR BB):
"Using Innovative Products and approaches, DIVOC aims to address the needs of the Indian healthcare market. DIVOC Health is a new enterprise bringing innovative healthcare products into the Indian Market established by Dr. Kanav Kahol, a former professor from Arizona State University and Mayo Clinic USA and a renowned healthcare innovator. To address the immediate need for India to possess access to high-quality COVID19 Tests DIVOC is bringing GeneDrive RT PCR COVID19 Tests to India."
The concerns with this local set-up is that DIVOC is a start-up in India (started last year) with limited reach, so the numbers (and and when they come) would not be inline with expectations (as per population)
AVCT is a good bet. Have a small investment in AVCT since last year (80% up). I am just being patient with SNG for a few more months.
In pharma space DNL and STX are worth having a look. A few triggers in pipleline for slow move over period of time.
My first trade with ARB , bough some yesterday at 115 and sold today at 135. Been really poor in selling whether its other ARM lots, RMM, DNL, SNG etc. Thanks for all showing sense of selling and inspiring :)
Still hold lot of ARB , which hoopefully be sold soon