Member Info for Techtonic

After reading through the posts on here, it's apparent there's lots of people who haven't been round the block many times.

There is huge potential upside here, but there is also huge potential downside (note micgill's post on "little downside").

In my experience when there's a binary pharmaceutical trial result expected, share prices do not move upwards in anticipation.

To say there is little downside is playing with the truth, or self delusion, or confirmation bias.

If the Covid trial tanks , so will Vela.
All we know atm is that the drug is safe, and has a tendency towards helping.

This is totally different from statistical success. Those on here who know Drs who've invested (so they must have knowledge of success likelihood) make me laugh.

Biochemists and pharmaceutical brainbox PhDs are behind these types of trials - and in the Pharma world more fail than succeed - despite the genius involved. I've even seen some major pharmaceutical investors fooled by "positive indications" over the last 3 years.

So a few GPS invested, who can barely diagnose a cold, doesn't really impress.

Now, imo , all looks good , and I wouldn't be invested here if I didn't believe the trial probably will be successful..but the range could be from statistically insignificant tendency towards to overwhelming success. (And of course total failure)

Hi Kenswayken..
I doubt the ESL saga will be having any effect on Low6 at all..

I think the share price is basically market makers waiting for for big news like the IPO to let it go.

Seems like we won't be going anywhere until then

Yep, I suggested top slicing Eagle as it's doing so well (maybe they should have taken a few more), but great to have money in the bank.

However , this constant block selling is rather baffling and depressing.
Whether it's placement shares or some market malarkey, MM transfers etc, who knows, but it seems endless.

Ooops..getting tired of moblle phone typos

Apro..indeed! Foresight is fabulous thing :o) agree that it makes the potential for Rincon @ circa £6M MC more tantalizing
Agree

Yes, Eagle Mountain.. what a great investment for GUN..a 6-bagger..now values Guns stake at 1.5Million..

Maybe we went for the wrong direct investment Apro! ;O) Although I think this is showing the potential for Rincon if results are great

Ooops..ps. typo correction "I also so SAW the video" not "sold it"!

Anyway, it's only 50K - punt money really

Let's just say I know a bit about the background of John Mahtani - and I'm not that impressed.
I also sold the video interview when they launched this thing, and it's obviously one of these Broker-pushed funding creations with a media bloke at the helm as a figurehead.

I'm not saying it won't make money for GUN, but I've seen dozens of the shell companies in the last year, some work and some go to pot (I've been in and out of a few myself)

If GUN is canny it will probably make some money, but one day I think the bubble will burst , and most of these companies with low future earnings (but high multiple potential MCs ) will crash down.

It's just a matter of timing knowing when to get in and out.

The relentless voliminous selling is getting a bit monotonous now.
If this is just placing shares and warrants, this is some churn.

Not impressed.
This is just another one of those BS opportunist spring-up firms that's jumping on the bandwagon of Shells and Spacs..

I believe the usual crew of John Mahtani etc are involved. There'll be quite a few people making money on placing shares I would think when it IPOs.

I would think this is one that Chris Akers are suggested, but I'm glad we've only invested 50k.

I think these things will burn out at some point, as the market gets flooded with money-chasing Spacs.

Anyway we might make a few quid on IPO if and when it spikes, but definitely not what I call an investment.

If BMD is correct (and he usually is) about UJO's £40Mill offer, then it's as plain as day that RBD offers much better prospects for profit.

UJO has an MC of £35Million with 16% stake in West Newton. While RBD had MC of £54Million with 56% stake in WN.

Only the die hards and blinkered will fail to see which one has the most potential value here - by far.

My position is in neither atm, but might pick up a few Reabold to sit on.

Hi Skittish..
I believe a similar thing is happening at PIRI..
Walking it down to spook out small investors before the IPOs of low6 and Pluto..
Allowing the big boys to load up again

I'm afraid you have a fundamental misunderstanding of placebo-controlled blinded trials.

Not stopping is not an indication of success at all. The only time they would stop a trial is if there were major safety issues and overwhelming evidence either way.

Interest increasing.. I think this is going to be a cracker.

Ps Apro..limit order went through for Rincon @0.26$ :o)

I believe PIRI swapped all its YOP for a bigger portion of Pluto, GedW...
So I don't think your cloud of Doom hovers over this particular aspect

Excuse typos again!

I don't know what Gunsynd's policy is, but might be wise taking out £250k now that Eagle mountain had nearly 6-bagged.
It would still lwave GUN with 80% of their investment , but totally de-risk it.

Thanks for that, Apro. V useful

I've just put a limit order in for Rincon on Interactive Investor to test it ..
Market's closed until late Sunday evening UK time now isnt it?