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How much money has everyone invested in this? Do you plan to buy more if it drops? :)
@mararab "Nano-copper technology" is just marketing noise; it's just a *method* of creating a virucidal mask, but virucidal masks already exist using different methods. What is the USP to the end-user of this type of mask, specifically? Again, look up "virucidal mask" and "ISO 18184 mask" to see similar products.
I need more information. This isn't looking very revolutionary to me.
Look up "virucidal mask" and "ISO 18184 mask". People here are acting like this is a revolutionary invention that will change mask-wearing forever, when it's just a new variant of something that already exists. People who need proper protection don't wear standard medical masks (air can just enter from the sides, so being 5-ply doesn't make a difference), they wear respirators or N100 masks. I'm still not seeing the USP.
@Phillm Yeah, mask compliance is so high that we didn't need to lock down the country again.
Oh, wait.
"6 Dont be overconfident you are right . Spread the risk over a handful of stocks."
Careful, you'll be accused of being a deramper. ;)
@HawkesBay That's what herd immunity is for; if people cannot contract the virus then it will eventually die out. People are barely complying with masks now, so why do users here think the general public will wear masks in the long term after vaccination (especially from one specific, tiny supplier as opposed to whatever appears first on Amazon). If they don't capture the healthcare market then there is no future. Since masks are already standard attire and appear to be effective enough, I don't see where this product fits. Virucidal, airtight, N95/99 options already exist for people who need them.
@Moneygecko Unfortunately for you, disagreeing with people on LSE isn't causing the price to rise. Aww... :(
Have they shown any evidence that this product is better at preventing disease transmission than the masks that are currently used in the healthcare sector? A quick search for "virucidal mask" and "ISO 18184 mask" shows that this concept isn't even new (the patent seems to be for the specific implementation, not the actual concept). It's like different brands of bleach competing against each other: they all kill pretty much everything and a different brand doesn't make any noticeable difference, so why would a healthcare provider switch to this one? If they don't capture this market then I don't see a route to long-term growth.
You got burnt listening to LSE penny stock rampers the first time and it seems you're going to repeat the mistake again. A director selling his entire stake on a spike is a lot more informative than randoms on LSE claiming this stock is going to explode SOON™.
What is the long-term future of this company? How will they reverse the secular decline in cinema attendance and service their debt?
Are people seriously reporting me over this? Prices go up and down, so betting on a downtrend is the same as betting on an uptrend. I have no idea why people treat shorters as if they don't belong here. Unlike some people here, I don't selectively ignore news just because it is good/bad relative to my position. A director selling ALL his shares on a spike speaks volumes to me about the future of this stock (along with the 50%+ drop); i.e., it isn't as revolutionary as people claim.
I'm going with the trend. Catching a falling knife tends not to end well!
AKA sticking your head in the sand
What kind of investor simply denies the existence of any risk/downside? People here are weird.
This company concerns me. The cinema industry is already in decline and they are now saddled with even more debt; one piece of bad news and this will gap down massively. Stay diversified and don't put all your eggs in one frail basket.
To all the people saying this, sometimes you just need to accept that some stocks will never reach their highs again. Look at bank stocks now compared to 2007. Doubling down on a bad decision sometimes makes things much worse.