The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
If you mean big bench he has been busy ramping Helium one for months. Looks like they got some bad news today and the share price has been cut in half. I do not usually like to see people lose money but based on his disgusting ramping I can make an exception.
Unlucky Bench. Karma.
Strong day for EMH. I am very much looking forward to several car makers fighting over various lithium deposits to to secure their supply. It cannot be long now before the mother of all bun fights.
"Looks like Covid bubble is breaking"
I mentiod this months ago. The bubble popped a long time back.
"I think this got pumped up for the credit raise"
This was pumped up as you call it after the CEO kept banging the drum about a joint venture. Unsurprisingly when this has failed to materialise many of those buying the hype decided to sell again.
"Could do without constant de-ramping"
Who exactly are you accusing of "de-ramping". The drill results are far from spectacular.
"the future is unclear unlike your motives"
Even a cursory glance through their posting history identifies them as a holder who has been invested for over a year and is a long way down on their original investment. It might come as a shock to you, but not every negative poster has some kind of ulterior motive. Being down on an investment and getting vocal about it is allowed.
Speaking of Punit I hope they are okay. Was their full username Punit101421?
No posts since May.
"There is nothing wrong in going all in if you strongly beleive in the company"
Got to pick you up on this. Putting all your money into one investment is a very bad idea. Strong belief or otherwise.
"IMO only thing holding this back is placing chat which Walbrook continue to dismiss"
The only thing? ONLY?
Nothing to do with lack of reported sales then?
"Anyway I refuse to sell at a loss"
That is a very expensive mentality to hold.
GDR aside for one moment; Have you never been undewater with a stock and considered cutting your losses after re-evaluating? Or do you always hold a stock to the bitter end come what may?
I bet the major pharmas are queueing up to buy out a diagnostics company that have yet to report any significant sales during the biggest pandemic of the last hundred years.
"ThePunter1 - That is one of the saddest, most tragic things I've ever read."
I know tragic huh? I console myself with the fact I only made a small three digit percentage profit on this stock. Small mercies and all that.
A sign of things to come I believe.
Rio Tinto has shifted some focus into EV. I do not think many of the other big players will be too far behind.
No I do not partake in spreadbetting, gambling on leverage scares the bejesus out of me. The screen name is a nod to AIM investing which in most cases is gambling.
I most certainly do not frequent places like twitter.
Why am I here? I like being able to say I told you so. However long it might take.
"Could be a sale-or-return arrangement?!"
That would tie in superbly with the narrative on here.
This time next year Rodders.
*Jam tomorrow is the whole point of investing! In simple terms you buy when the price is low before the jam has been delivered, when you know the price will multiply.*
Look at the 2 year price chart. I think the period of turning cheap fruit into expensive jam has been and gone.
IMHO DYOR
August or September or October or November or December
Jam jam jam. Strawberry, blackberry, gooseberry
As long as the boxes keep getting ticked off there is the possibility somebody buys out SAV before they get this into production. The worldwide push towards EV is getting stronger and there is only a finite amount of lithium to service the demand.
Maybe maybe not but even if they are what do you expect to happen? The SP to shoot past £1 and stay there?
I cannot see it myself. Look at the so called covid stocks*
Tils
Hemo
Brh
Odx
NovaCYT
Look at the graphs. I firmly believe many of the investors were people who had little else to keep them entertained during lockdown and little else to spend their money on. You can get all the news you like but if people are no longer interested in buying in you are not going to get much of a rise. As a metric take a look at the amount of activity on twitter and the various message boards pumping these stocks, it is far less than months gone by.
IMHO DYOR
*SNG is a slightly different kettle of fish because their product is a potential treatment, and we know there are few known and approved covid treatments out there.
'the stock market is a device for transferring money from the impatient to the patient'
Whilst this is a phrase commonly repeated on AIM message boards when their SP is declining, I will make the argument that timing is equally important as patience. There is no point being patient and ignoring market sentiment hoping and praying that it will eventually go up. Patience is only rewarded when there is a strong case for remaining invested.