Member Info for wyndrum

No Mowzer I wouldn't . What he says is up to him, its nothing to do with me. We had this bloody tedious exchange over what I through another poster said and what my views were on that

I am only interested in trying to identify companies where I think profit can be made and sharing those views on the various BB's

Morning Mowzer, my "ramping" post Zoom referred to on SNG was exactly this:

"Please let 175p get taken out today! :0))"

As i say it get pretty tedious to be misrepresented so often over here.

It will likely settle down as the profit takers sell through this morning. I imagine there will be buyers waiting for the first hour to pass as its always volatile before then.

It will be easier, imo, once the market has closed to see what sort of reaction there has been to this news.

How generous of you Zoom. So i guess if AVCT get a good RNS you wont be posting here celebrating it?

Please let 175p get taken out today! :0))

HL has a closing price of 3.85p so all good. (It did come back to around 3.67p during the day , so not that close a test of the support so far.)

In my experience the longer a stock stays above a support the less likely it is to go back to test it.

Charting is super easy in hindsight which is why it is so attractive to so many as a system.

In real-time, of course its nowhere near as clear cut! So when new highs or break outs happen like now, its always a bit of a nail biter as to whether the break-out holds or falls back through the support.

But as I say, so far so good.

Sarah, do you see the Avacta) initial business sales as slow or what you would expect a few months into releasing the test? (I ask because it seems slow from what info I can gather given the high demand and shortages that exist.)

If it is (iyo) slow, do you think that is just a temporary manufacturing issue or lack of demand for specifically the AVCT product?
TIA

well Bliss, I misjudged HE1 and immediately sold on the no-nothing presentation and put it in here. maybe I'm not the only one?

Us traders might be seen to be (fairly I think) somewhat obsessed with day to day and even minute to minute, prices, but it is exciting when they creep up like this!! :0))

PL: "it'd be a much better and quieter board if only genuine facts were discussed "
There are 2 type of facts. One type is clear cut and therefore no discussion is necessary. EG "I bought a red car"

The other is "we expect demand to be huge". Thats a statement of fact but also it is an expectation and as a result would be open to discussion and interpretation by others. Then it comes down to peoples opinions as to what is meant.

If you don't want that type of discussion (and I can understand that it could be largely unhelpful and of no interest to you), then we are left with fact type 1, which requires no discussion at all.

In which case what is this BB for?

Posters posting links to various reports and sites saying how many people die of cancer every year, or how long Covid testing may be around for, and other non-specific generalities is interesting but is only their estimates too and also in its general sense have absolutely nothing to do with AVCT other than it being a market in which they hope to exploit but currently have little impact on.

yes, I am of that view too, Aim
Very disappointed. will keep a small holding as the potential is still there but its seems a ways off to me given all the previous excitement over the summer.
Don't really understand the delay unless its a funding thing so I think fwiw depending on how the Q1 drilling goes, there could be a cash raise for the later big rig drill.

I get there are the rainy seasons to take into account but something does not seem quite right after the expectation of a few months ago.

Still, it is what it is, exploration companies are all high risk and no research in the world can give you any certainty on the outcome.

ES "For the last 3 months Shorters,Trolls and MM’s have taken the p 155 out of Avacta."

Thats not true.

AVCT's abject failure to meet their own projections in LFT sales has caused the slide.

Don't look for cheap excuses. You think if sales were going as expected there would be shorts out? MM's don't care about a share going up or down they just figure out to make out of it. And you think just some people going "yaboo sucks " is going to stop a rising SP in its tracks on the back of great sales?

Really?

Sharetime, I am sure you will get many different strategy's for this important topic.

FWIW this is amore vague one but its the one I work to.

When I make a purchase I only uspend what I can afford to lose.
I have a plan or expectation of where I think the SP will go to and a rough time frame.
I have 2 selling prices. One if the SP hits my expected target and I can then bank the profit and the other is if the SP falls a certain amount below the price I bought so I can calculate the loss I might take if I am proved to be wrong in picking the stock.

If you can't work out that before you buy based on previous experience or "paper trading" then its more of a "pin sticking" exercise, because if you have no idea when to sell because you don't know when you will should it go up, or conversely if it went wrong when you would crystallise the loss it should highlight the gaps in your system.

(Your plan could be to buy today and not look at it for 18 months, which is fine but based on what ? what do you expect it to be in 18 months? By avoiding these questions it is easier to over commit to a stock and at the same time potentially suffer greater losses should it go tits up.

Capital protection is a key factor when managing your own portfolio

Good luck as it is a thorny subject!

Ha ha! well its TA for goodness sake, us chartists are never wrong! :0))

I have built up a position now in ADV that I am comfortable with and as long as the chart continues to supports it, I am fine.

On these stocks (small cap, aim, high risk, don't touch with a barge pole, don't tell any friends or family, type) I always use a stop below the "obvious" one, which although increases the risk of a higher loss should it be triggered it also allows me to be more relaxed if and when it "breaks" down and at the same allows me to consider adding to my position without having to make an "immediate" decision.

(same with HE1 which I also bought more of today and again have been building a position in over the last weeks.)

Jez I don't see that? HL has a close high in July of 2.8p ? Early august had 3 highs of 3.5p, 3.5p and 3.58p

Are you looking at different time intervals?

well the chart is definitely saying break out! According to HL it has closed a 3.8p and thats a much better distance away from the previous (what turned out to be a false) BO at 3.62p.

Although 5p is the next target its an old chart to go back to, so who knows...but this is good news as I think this one will hold or, perhaps better to say imo, it looks more likely than not that this will turn out to be the real deal.

Those not in already may...just may, get a chance of a retrace to around 3.6p support, but this was a big break up so it may have further to go before cooling off. Again this is where the mind games start.

I expect that the SP will open higher tomorrow to flush out more buyers scared of missing out on bigger gains. This will give a bit more impetus to the SP, so i can't call the upside and all being well the down side (if it comes at all) will be a retest of 3.6p before moving up again, but for clarity I think the floor when it comes will be above 3.6p

Thats ok isn't it? TA, could go up, could go down.. who knows? :0))

Ophidian posted last night: "As I shared on here expected to be taking orders by mid september and supplying by end of september. Question is what went wrong ? Either way he expectation now is for the coming week as everyone is aware."

Having asked the question "what went wrong" , I would have thought with his contact(s) he would have the answer? Because if he doesn't know what went wrong than how can he know its only a 3 week delay?

The other thing that jumps out is: "Either way he expectation now is for the coming week as everyone is aware."

If everyone is so aware that the SP will be 250p by Friday then why hasn't it gone up today? (If by "everyone" he is referring just to this BB, then again more proof that posts here make no difference to the SP, which should reassure some.)

Sharkie, imo we need a close above 9.3p to confirm an upward trend. There are tentative signs of the 7.3p now being the low.

Presently all I see is a trading range of 7.3p-9.3p. Buying at anything below 8p does not look too bad given its still a high
risk-ish stock.

(Smaller targets would 8p, then 8.8p before attacking 9.3p

DYOR. GLA

Ginge,

testing is a minor cost? really? a company with a 1000 employee's testing one per week at £5 per test is £5k a week or £250 per annum. To get what, 5 or 6 people. And of those half dozen some may be asymptomatic, so no time off, the others may have a few days off. which is cheaper than 14 days isolation is it not? The cost benefit analysis does not look attractive.

And I am not bashing the stock, nor am i "worried" but we need to be objective as we can about the market and its potential.

How can we know the demand when we have no test for sale? (We have business use already and have had for months, so where are the sales (in any number?) with all this demand? Assuming we get approval next week (which who knows), how many other tests will be available?

So no ,I am not obtuse, but this is yet another "is it us" moments and frankly if you have not learnt by now that history is not on our side then I would suggest you have your head in the sand.

We need HUA, wee need to see some sales with profit margins otherwise your view is of no more relevance than mine.

Ginge, we don't know the demand, we don't know the competition, we don't know the profit margin, we don't know how long testing will last (remember AS said 2-5 years ). Given he would say that wouldn't he, nevertheless most commentators have expected some sort of shelf life on this test, as opposed to it lasting for ever.

I posted 6 months ago that I felt AVCT were getting ready for the "next" one, rather than this pandemic

What would make testing (broadly) redundant? Better vaccines resulting in less serious outcomes and potent anti virals for the more serious reaction.

Testing is a cost for whoever pays for it whether its companies, govt's or the general public. If ultimately catching Covid results in the vast majority at worse having a few days off work with the equivalent to a nasty heavy cold, and for worse reactions there are good treatments available, then the need for testing could rapidly diminish. That's why every one seems to have put (albeit varying), timelines on the necessity of testing.