Member Info for teabiscuit

at some point, FDA approval and Sales will bring some stability to the share. I think one reason we aren't see the rise sooner is the placing and the way it was done really did spook a lot of pi and so the core base of pi investors in this share is lower than those in AVCT and NYCT. AVCT had a placing today, which showed their CEO lied to them and yet with no product yet available, a placing and no indication who is do the development on their product at current time still the pi's are investing into it and it is still in positive percentage for the day so far.

There is a core group of people on this bulletin board, all scratching their heads at the moment stumped why the price is not higher given our low market cap and product actually available and CE approved. Where are all the other investors who would normally be piling in on such a strong future with a proven product. It's simply the case that the placing did a lot more damage than just a reasonable amount of shares on the market, the real issue is getting people to have trust in the company. Once that returns that is what will re-rate the share, as the product is classed as a gold standard so the fundamentals will win over.

What is wrong with you Magsy18. Is it going up and you are hoping it will go down so you can buy as your funds become available. There is being realistic and there is just being negative, everytime the share starts a rise you always jump to find a negative point.

Other covid plays with actual products are ncyt and gdr. Avct is way off from having a product available to the market anytime soon.. today will be a volatile day for avct but it will settle at the placing price while you have to wait for the placing to be churned through...

this could now be normal trading until we start seeing the sales data. There hasn't be much evidence of a large seller in the last two days. Peel I still think are churning through the placing shares. They have far to strong a grip on this but I've seen Peel do this many times, they are a very professional outfit, they know exactly what they are doing, fair plays to them even if it isn't to our benefit at the moment.

I've been expecting to drop back to the 105 - 120 range but didn't expect it this quickly. MM has pumped this up over the last few weeks now it's back to the 105 support range. Take your heads out the sand those that think this is going to rebound, it's sliding back down to the actual support range. This is not yet worth £2 a share when they don't have an actual product. That is the problem they don't have a tested product yet. Look at the competitors NCYT have for a while and are selling strong, GDR now have product with CE and are about to start selling and expect to see a re-rate there. At the moment AVCT might have a potential good product but it's just potential at this point.

@jayhayes - yes they do, I think it's still around £1500 per RNS

samolly2 , again stop being so impatient. It will take time to go through sales process no matter which part of the world GDR are dealing with. Come back mid to late june and your'll see some sales coming through. Until then it is a waiting game and the MM are probably still clearing some of the placing shares and normal trading has started to resume. These things take time.

will be the trading level as the MM bring this back down, why because even though AVCT has a potentially extremely good product it is months away from release, hasn't even been through testing yet and will need to go through all sorts of procedures to get the CE and FDA certificates before sales can begin. That is why this is dropping, the market can see through the hype and releases the current fundamentals of the potential product.

Samolly2 - have you not been investing long, are you new to this, just have some patience. Gdr is in a good position now wait for a few weeks or a month or two and you will be rewarded. You dont have to do anything now but wait.

Is the support level of 106-120 and that is where the MM will take this too. AVCT has a potentially excellent product but it's just potential. It has to be proven to work in the real world and not just in the labs. Once they have an actual product ready for market then the higher share price can come along. At the moment the MM have had a field day with this share over the last few weeks. I am up front , if it drops back to the support level I'll buy back in.

Looks like the MM have control of this one, 106 -120 is the next support level.

Looks like PEEL is still completely in control of this at the moment. They must still be clearing the placing shares. I thought we were going to be past that by now but they way they are holding the ASK and their low bid offer says they have plenty to sell. I wonder how many more days or weeks it will take to clear these placing shares...

That know nothing about GDR, about the markets or the wisdom of crowds, nope they just see a number and want it to be lower to get in because at a basic level they have some understanding that something is good. It's almost like an instinct but no conscious thought....

Yep I'm still in GDR, the fundamentals are clear there and they soon will start to rerate upwards now their placing shares have cleared and they are soon going to be announcing sales data which is what AVCT simple cannot do at the current time. I have been in and out of AVCT and I will get back into it again but not at the current price. I'll wait for 106-120 range again over the next few weeks. If it doesn't go that low then great for the share holders here, you all want to make money and I hope you all do.

Down for now, AVCT has plenty of potential but its a month or two away yet and has been overbought in recent time. When it gets back down to the 120 region in the next few weeks its definitely a longer term buy as long as news continues to be positive. For now without a final product with CE and FDA approval this is just a speculation share. 106 -120 is the more likely support level short term.

You have good points but your delivery is very poor, if people keep bickering with you then a mirror is what you require.

This morning?.... probably because there is a big buy or sell going on in the background which the market will hide from us until either end if day or tomorrow. We simply are not able to see the full picture. Few years ago I was lucky enough to see what advantage the city boys get using the Bloomberg terminals. Its night and day....

Come on big, you know the MM do not play fair on AIM. Are you surprised it is this low, don't worry the fundamentals will eventually win out.

The wider market is yet to believe in gdr. The placement was badly timed and ruined the good sentiment , the fundamentals will win out but the continual drift down is just a nice play by the MM. Support level is around 140.

How do you k ow our product is better samolly2, have you personally seen both products? Why are you so certain ncyt will not crack america.
Gdr has done well in producing a product with characteristics that appear to be beneficial to helping with testing however without sales then we have to sit and wait. I just dont believe thinking everything is perfect for gdr is realistic