Member Info for TraderBuckie

I've mentioned it before but this is looking great now.....we need very steady away and no volatile spiking.

The spiking attracts the day traders which then compounds the problem as they are looking for any gains so quick in and outs.

If the spread can widen a bit then that's even better as it is another deterrent for the day traders.....they can go back to RR and knock the hell out of that stock.

Two options with ODX.....buy or hold.

Jonathan Van-Tam - "Don't think we are going to eradicate Corona virus ever". "May become seasonal like flu."

Gov announced right now

Yes, that was one hell of a pullback wasn't it. I'll settle for these massive pullbacks every now and again in between a lot of blue days.

I posted this on Sunday......still applies.

This is going to gain traction north and the only consideration you need to make is where you want to get off. This will get back to previous highs, and imo surpass previous highs, so be careful not to exit far too early.

Yes there will be dips on the way but I feel it will two steps forward and one step back for quite a prolonged period over the next coming months.

Agreed Symbo1

Diabetics been using them for years to take and monitor their blood for sugar levels.

There was a lot of criticism of the board not buying recently when the share began to fall.

They cannot buy in a closed period (30 days prior to interim or year end results)

Once again I will use the word PATIENCE is required, everything will unwind positively with this company.

As soon as they could buy, they have. Upwards and onwards.

Patience required....... I will post this back up at 4.30 and lets see where we are.

I say blue but hey we may well have "one hell of a pullback"....... certainly haven't had one hell of a pullback yet unless I missed it!

Let's see where we are at 4.30.

Let's resurrect this thread tomorrow at 4.30pm after a further rise

I cannot see many jumping this ship to board the Abingdon IPO. Just my opinion but we all know the potential of ODX (recently as high as £1.20). People may be interested in investing in Abingdon as well as ODX but to switch totally to them at the expense of not being in this share is a strange move imo.

£1.20 plus......but not as soon as I think you want it there Zengah. Maybe early in the new year.

Well it got around £1.20 not that long ago and I feel the company is in a stronger position than back then so let's see.
We all have our views of why the drop and it will be a combination of things but I really believe those L&G and Sneller shares was the main culprit. Once they are totally flushed out then normality should resume......and when I say normality, I mean upward momentum as per what was happening pre the big offload.

I like this steady strong upward movement.....you can keep your spikes on fantasy tweets.....give me a steady solid incline all day long. Appears to me that all those shares maybe flushed out now which will now edge demand for this share ahead of supply and upwards we go.

Early days I know but I did say that I couldn't see this in the 40's for much longer. I will add that I can't see us re-visiting the 40's again....... Let's see.

I can't see this in the 40's for much longer, upwards and onwards. Not much for the bears to cling on to when the business remains on track to deliver.

I'd prefer a steady rise from this base. Upward spikes are nice but are usually never sustained, nice for the traders but not that great for the true investors.

I'd much rather see a bit of blue every day which creates confidence and produces solid momentum. The volatility of AIM is an issue but I still think this can be done.

My understanding is that ODX release their Annual results for year end (end of March) and this usually comes out June/July. Their interim results (which is what will be released tomorrow) is always around early December and shows how they are performing 6 months into the financial year.

I doubt there will be a full presentation for this standard communication which they are compelled to do.

We also get info via RNS releases regarding UK-RTC statements, and trading updates etc. These more random unscheduled RNS releases throughout the year, in between the annual and interim results, should assist as a good guide in determining if the company are on track with everything.

I have found their most recent RNS releases very positive so imo I think the RNS tomorrow will also be positive. How it is received and interpreted is another matter but there will be share price jostling.

It amazes me how people scan such a detailed report in seconds and make a knee jerk decision whether it is good or bad and trade accordingly. It's all in the interpretation really.

Sam, I would not offer you advice sir. You are the perfect trader getting every entry and exit spot on. We all await your next perfect trading update.....but remember the golden rule.....tell us all after the event.

This next rise upwards will be harder than the first but you must try to keep the faith.

Psychology will kick in big time for those who are now underwater (like me). We know this share will rise and can get above £1 and we have witnessed it do just that. However we also know it can drop significantly too.

Many will want to merely get their losses back now and retreat with a big sigh of relief. Try and avoid this mindset if possible....easier said than done I know.

This has the potential to go much higher than the recent high and patience and nerve will be the key. On the next move up I wouldn't even be tempted to take half off the table in a "just in case" move.

The reality is if you are in panic mode right now then you have too much invested, and this is dangerous as it scrambles the brain from thinking logically and making sound decisions. That's how the de-rampers get into your head too.....if you are comfortable with your position then these irritants won't cloud your judgement.

Absolutely correct.....winning contracts is key......but being able to fulfill the orders is even more crucial otherwise you will lose credibility and in time your orders will dry.

A balanced and well geared expansion and growth program is also required to increase profits. ODX are scaling up for a reason and in time PI's will understand why and the share price will rise to reflect this.

"The testing market is now saturated with loads of companies doing testing"

Yes I am busy forming a company right now and putting some testing kits together in my garden shed for mass distribution....hope I'm not too late to get on board. I'm so relieved I don't need any kind of regulatory approval.

I would rather this company concentrated on the fundamentals of the business as they appear to be doing rather than trying to dazzle people with spin and hype that most fickle companies need to rely on. Substance over hype for me every day of the week.

Their PR team and in house broker may not be performing that well but as long as the main players within the company are then that's what counts. The SP will inevitably go North if the company performs well and revenue is consistent with forecasts and projected future forecasts are increasing. This will all unravel in the next few months as we are now in the eye of the storm.

Yes it is a concern the SP has dropped rapidly but I believe this was due to irrational sentiment after the vaccine news coupled with massive holders selling which has caused a spike in supply over demand. I believe that this offloading by two big players was not actually due to lack of confidence in the company but I understand why it may cause people to sell as it can easily be seen as a huge red flag.

I worked for a company in the energy sector between 2012 to 2016 that grew very big very quickly. It listed on AIM and became a PLC. It pumped out the hype and the shares soared for around two years..... Remember I worked for the company so I could see all the razzle dazzle from within our fantastic PR machine. Then the steady decline as the reality started to emerge. At one point the shares were suspended as their accounts were not ready on time and so the shares tumbled. A second accountancy firm was called in to check the books and try and unravel how the profits were being calculated......I got out a year before it went pop and went into administration. Now the PR dept may tell you that the company is "stunned" or is "probably pining for the fjords" but I am telling you that it no more, it has ceased to be,

Now PI's were happy with all the noise coming out of the company......until there was no more noise and it was silent!

I prefer silence and substance rather than hype and fantasy.

You have two options.....HOLD or BUY.