Member Info for wyndrum

I just don't think you are applying the economics to this:
You take a £10 test because you are not feeling well. And then (instead of going in like olden days) to work you self isolate for 2 weeks. Sick pay will go through the roof, and therefore sick pay (where people get it) will be reduced or removed. People who don't get sick pay will simply go to work. (There are lots of people in the UK that could not afford a £10 test for them and the family every time one of them does not feel well.)

And due to all this sickness, productivity slumps, which in some cases will cause redundancy and/or failing business as costs rise and at the same accelerate automation.

Long term testing is not the solution. You identify those who are most at risk (which we have done), you produce the best vaccine you can and treatment (anti virals) and that's it.

The world can't stay in lockdown and it can't mass test forever for this or flu or colds or whatever. if the hospitalisation and death rate is "acceptable" to society, then its "back to normal" for whatever that will be, but I just don't see how in practical terms, mass testing will ever happen.

Now as long as AVCT are the test of choice then great and the global "smaller" demand will still be fantastic for the SP but obviously more tests will come to market over the coming months and years and as long as they are "acceptable" in terms of accuracy, then its a bun fight on costs and profits naturally get squeezed.

well, I finally topped up at the end of play as I banked on 21.5p plus closing figure. So that's me done. I'm like everybody else now...just counting down the days....

well, poor old PL, he's going to make a ton of money and never go out again.....

At some stage Life is actually for living and not simply avoiding any chance of death.

850 beds in the NHS due to covid out of a 163,000 total
Give or take, 450 die of cancer every day and about the same with heart disease, and another 400 of diabetes

See, that's interesting don't you think?

Most here expect this to be, who knows what price in a month, but are admitting today, that even the start of drilling (which was forecasted only a week or so ago for early June by the CEO) do not believe its definitely going to happen and think the SP at 21p is correct. and are forgoing a potential 50% rise in a matter of days due to the perceived risk.

Ok Bunsa, what should the SP be, then? Lots of people here say at least 30p when drilling starts. Well given drilling will start any day now and risk-wise it seems pretty much nailed on that will happen, then why isn't the SP 30p now?

Bunsa, 21.5p is the recent (daily closing price), all time high since the 23p celling a little while ago. The chart has (since the fall from 23p), made higher highs and higher lows on its zig-zag way up.

Therefore to keep this minI up-trend going then 21.5p needs to be broken and held at the close of play to make another higher high.

Overall the trend is very firmly up so even if it did not close above 21.5p there would be no significance particularly in that except to say it might be forming a tight trading range between 19.5 and 21.5p. (if it fell below 19.5p then this mini up-trend would be under pressure and a bigger trading range would come into play (17.9p-23p).

A trading range is just where the SP fluctuates between the 2 extremes and any price within that range is not deemed as significant and is normally termed as "noise" and ignored.

I use the close of play time interval because I am looking to hold for a number or weeks and most likely months and therefore based on that longer time span I do not see any shorter time interval as relevant or helpful to my interpretation of the chart.

(Only a fall below 17.9p would set off alarm bells that further falls were on the way and as we can all see, there is no evidence at all of that happening presently)

no doubt we will talk later Bunsa, but, can't stop, got my hiking boots on....

here we are at Mt 21.65p, the view is lovely, but I can see a taller mountain just over yonder where the view is even better....

I may be losing the plot now.....

Kindness, are you a bit deluded? BOO was exploiting the poor & vulnerable by allowing their suppliers to break the law over the minimum wage and taking the profits from that practise. If they had not been found out it would still be going on.

Brilliant!! Thanks guys... you know me very well... (that's nice...)

and notwithstanding any of that lets keep our fingers crossed that 21.5p does get broken because at the end of it all we all want the same thing... an ever increasing SP! :0))

fair enough Noob, but difficult for me to get that based on just a rec :0))

for it to be a good day, the SP needs to break up and hold above 21.5p. As its pretty close, today could well be the day, but what I want and what the SP will do don't always chime.....

Hi Agent, I just did it to see how many recs (if any I would get) and just because I posted something pretty pointless but reassuring ie the SP would go up, I garnered more recs than pretty much anything else I post. It just confirms how emotionally tied people get to their investments, and just want to hear confirmation of their decision even though or if it is baseless.

I have a good feeling about today!

(Just thought I'd share...)

Epson, What's your point? I see a stock that indicates its going to increase in value so I buy it.... and that's cynical?

Why did you buy in? just liked the arrangement of the letters of the name of the company?

I do not have a love affair either with the company or indeed the flimsy bit of paper that is my betting slip.

I only buy into stocks that I think will rise, and sooner rather than later, but hey, that's just cynical old me.....

Scotty, when you said reversal of a trend re:TA I thought you meant stocks or indices. I did not know we were going to talk world events which FA, broadly did not predict either, so what's your point?

picking or spotting the reversal of a trend in a stock is tricky but the profit is the best, so (as i keep saying) money management is a fundamental part of TA and is key if you are using TA to try and make money on shares etc.

I have no mission in life about this (although I'm sure some, or indeed many here would take issue with me on this), but there is a lot to TA and a lot of criticism levelled at here (and on other boards, is often through a lack of understanding of how it works and what it is trying to do and it is when I read those types of posts that I try and explain it in a bit more depth.

Truly I could care less. if people are not interested in it, or don't want to know about it then don't read my or other posts on TA, but sometimes the level of misunderstanding is so great as I just can't let it go without explaining the rationale behind it.

The irony to me is that its hardly as though FA is that reliable either is it? Some Fund managers don't seem to be able to pick them. (You know, trained experts in all things value based) All the advice is pick a tracker because you can't tell who is going to make it and who is not in any particular segment.

But hey, TA, unreliable codswallop...No problem.

before we are both (rightfully) castigated as just a tad OT, the best line for me is in Josey Wales when the young bounty hunter, given a chance to walk away comes back and says "I can't, its my living" and Clint says "Dying ain't much of a livin' Boy! and then shoots him! Ha! I can watch the film (any film) for one good scene, gag or memorable line

.....Vino veritas... dear ST, Vino veritas

You do realise ST that we have something in common that we could talk about without any disagreement!

(That's why I don't like it, when on some BB's (not this one), it gets so personal. You don't know who you are talking too and if you met them down the pub under different circumstances you might get like a house on fire)

Ah well, the dubious joys of social media.

"Trouble is that TA is not very good (in fact never proven of value) in predicting reversal of a trend"

Wrong wrong wrong wrong… well I could go on, but you get my drift.....