Member Info for wyndrum

Hold on there Ophidian:

If we are going to get picky:

"Four sets of evidence (in RNS) that the product will be sold." Is not what the RNS said, It said that the test was available to be sold. And that's not the same thing at all.

The "evidence" that it is not being sold is that there, to-date, have been no orders. The doubt has surfaced because of the ample time AVCT has had with all the delays, to potentially sort out manufacturing and supply ready to hit the ground running.

I fully accept that the EU validation is very recent and therefore no alarm bells ringing on that account, but given the UK and the close relationship AVCT have had with the govt for that last 12 months is potentially more puzzling. But on Monday it should be apparent as to what is going on. Once and for all.

Yes Sparta.. Of Course! (Yeah that was dumb of me... forgot the home use bit...Duh)

Quite right Fortune. Fear & greed …. the terrible twins of investing.

Always have a plan before you buy. Know why you are buying, why you are buying at the price you are, and what would cause you to sell.

If you have that in place before you hit the buy button, then it should make the holding of the stock a relatively painless experience. (The over arching principle is NEVER buy more than you can comfortably afford to lose...EVER. Then this game is a cinch, imo)

well Scardey, it took me a while but at least my confusion has been supported by your reference to "That's the six billion dollar question." I just thought I was missing something really, really, obvious but couldn't figure out if it was just me or it was a bit of a mystery.

The only nagging thought it is why Medusa don't advertise it but just say "currently sold out"? Then we are back to Govt NDA's I guess ….which we don't know even exist, and then there's Innova and and and and and.... it really does do my Noggin in.

I just didn't expect it to be this complicated. Develop a test, verify it, sell it..... There's a lesson here somewhere....

Ok Neut, thanks, so here's the follow up: Why, given our test was approve a fortnignt on Monday, Isn't it on the Medusa website now? If they can manufacture, then they have the best test in the world with exclusive rights?
Hopefully all will be revealed or explained on Monday. Big day for sure.

that's why I get confused, websites claiming its for sale in 2 languages with stock of 2m...with details on their website ramping up to 50m per month.
Why would be that on their website still when they can't sell it, and probably now with saliva being off the radar will never sell it? That's why I asked.
Almost nothing adds up with timelines and suppliers and TT's and always we have to dig around and sift through conflicting info to try and guess whats actually taking place.
But genuinely thanks to all for the replies.

Neut, so do you think it is the saliva test for sale? did we get authorisation to sell that?

MY, anything less than 20 is recognised as "oversold".

Unfortunately in a falling sequence its very easy for the SP to perk up a few points to raise the RSI and then fall to new lows and at the same time continually keeping the RSI out of Oversold territory.

Without knowing what's causing the sell off I can only hope, really, that it is the seller just dumping now at any price to get out before drill results. to me that's the best case scenario, which leads on to the next fairly obvious question... but as I say lets see where we finish up today first.

Scardey, are you saying you don't expect any sales until September/October?

But Neut that's an Old RNS (over a year old) and , that's why I am genuinely confused.. Originally I thought they just had a license to sell AVCT test. Then reading their website in dec 20 they can manufacture a 10min saliva test ramping up to 50m/m capacity to sell.

That doesn't seem to be selling so I thought maybe given their links with Avct that they would be producing our 20min AN test?

My thinking is as that's nothing to do with govt and they are selling to business, then why aren't they selling out test now today?

They have clearly invested tens's of millions into this but seem to be getting nothing back? So do they actually manufacture or is it still all in the pipeline?

I don't see it oversold on the RSi yet MY, but it depends on what time interval you are looking at?

In any event for me, it's the closing price that will be of more interest. ATB

I thought Medusa had put in manufacturing capability? Is that not correct? Are they just a (potential) sales outlet?

Agent B, are you saying you will never travel if you are on plane including yourself that are all double vaccinated?

Can you remember what sort of precautions you took when the UK had swine flu?

("The relatively small number of cases that led to serious illness or death were mostly in children and young adults – particularly those with underlying health problems – and pregnant women" NHS UK.)

I am not by the comparing the severity of Swine flu to Covid, covid is different and more lethal but my post is, what level of risk is acceptable?

This from the Guardian at the time:
Up to 65,000 people in the UK could die from swine flu if the pandemic achieves it worst possible potential, the government warned today.
The chief medical officer, Professor Sir Liam Donaldson, said that in the worst case scenario 30% of the UK population could be infected by the H1N1 virus, with 65,000 killed.
The best case scenario is that 5% of the population contract the virus, with 3,100 deaths.
The estimates were released as the government confirmed that 29 people had died in the UK after contracting swine flu.
The flu is spreading fast across much of Britain, with 55,000 new cases in England last week, according to the Health Protection Agency.
The death toll was released by the Department of Health as the Scottish health secretary, Nicola Sturgeon, announced that a female tourist who had the H1N1 virus died in hospital yesterday.
The woman, who had other serious health problems, died at Raigmore hospital in Inverness last night. It is unclear whether her death has been included in the official toll."

I am (admittedly taking a wild guess) that a 15 year old video has been produced from the American market and ignores all the current regulation that has been implemented to reduce such manipulation since? (Apologies if not...….)

I think the seller has moved the price down now to between 20p-20.5p as buyers were getting wary of buying at 21p plus all the way up to 22p and then seeing it constantly fall back.

I am beginning to think old age will get me before the seller finishes off loading..... :0))

Agent, what is the alternative? Test every care worker every week, every day, twice a day? for ever?

What level of risk do you think is acceptable?

This is THE key question going forward.
Nothing is full proof, Not vaccines not tests, nothing, so at some stage, some sort of definition of the risk to society in living with covid needs (and will be) made.

Currently it would seem that the govt will accept the risk based on the efficacy of the current vaccine against the current variant(s) of covid, with presumably boosters as and when the mutations demand it.

There is no "perfect" solution to this disease that I can see.

BuffBen, makes actually a good point while ribbing PP: If she cannot predict within any degree of accuracy where the SP will be in just 1 year, why would anyone assume , she has any better insight over the next 15? (remember she went on and on about a it being a 100 bagger.)

Perhaps PP, if you took the filters off you would see that it is not hate filled posts at all.
You jump to conclusions without even reading the content. Now that's just silly bordering on stupid., responding to what you are guessing people are saying.

You could (radical idea, so maybe you could lean from it as you are so keen never to stop learning as you don't know everything), unfilter and actually see whats being said?

Slips, that's fine. But please define long term and also when or what would need to happen got your long term stock to become a sell?

This is the bit I struggle with the most: Boo at the time PP was saying do not sell, was embroiled in slave labour, tax evasion and a currently an ongoing litigation case in the US. What does it take for a decision to be made that its time to get out.?

Andy, Its not, I don't think Hate that PP invokes but her moralising on everyone she disagrees with. She is very spiteful in fact on people she does not agree with and her belief in Boo going forward, is only her opinion, nothing more and in fact it has no more validity than anybody else is. Her claim to fame that cannot be verified by the way,, is that she bought in at low with and has made a very good return overt last 6 years or so. Well, I'm not kidding but there are lots and lots and lots of companies in that timeframe that have done equally well at some stage in their quoted lives. Boo is hardly unique.

She sites long term buy and hold as a strategy which she continually states in Boo's case cannot fail, which is fine but its not full proof (by any means, just goggle Warren Buffet mistakes).

She will not engage with anybody questioning her opinion, she reverts as I am sure you must see, by deflecting points made disputing her view into personal attacks on the poster . And unfortunately for her position, the last year for Boo from an SP pov has been poor, and particularly poor when you see how the general market has performed.

There is no conspiracy to "get" Boo, investment houses live and die on making the right calls for themselves and their clients. They do not wallow in the sentiment and emotion that PP purports to espouse.
She comes across (to me) as a ramper that is deliberately trying to get people to buy the stock all the time. (A fruitless exercise which has the added merit of being pointless too, as no posts here move the SP a single iota.)
But that's my opinion fwiw, which is as I say, is as valid as hers.

BP, this is a common theme on all BB's it seems: SP drop (without any news) equals market manipulation to some degree or other.

SP rises, equals Smart investors.

That immediate thought process just shows the emotional bias most Pi's have when they have skin in the game. Its not conducive, imo, to good decision making.

In answer to your question: Who knows? what difference does it make?