Member Info for wyndrum

PL, I said to the tune of.. not a word for word statement. My point is and I am sorry I did not make myself clear is that we are I think, clearly weeks away from hearing anything. And it has changed, because other tests are coming to market and being awarded contracts. Its not a static market and it is quite possible we could miss out altogether, which is, fine risk reward and all that, but AVCT and many posters continually infer that there will be announcements soon or shortly.
I don't see under my logic where the SP can go but down on weeks of no news. Do you?

Indeed, but I am always intrigued by the inference of Trader bad, Investor good, and what does that person mean when they say it. Normally and I don't know if the lack of a response is telling or not, but rarely if ever, do I get a reply because it starts to get tricky to define. Very easy to say of course and it normally has a smug undertone to it as well, but when thought through not quite so easy to put into a coherent sentence.

You think that's a sh*t post!" Jeeze, what about all the blue days , take off, boom , don't miss out crud that is reeled out several times a day week in week out relentlessly.

All I'm saying now other tests are being chosen and there is diddly squat coming from AVCT, that we are likely to be weeks away from hearing anything and everyday brings in new competition and erodes the market for our product. As that market is eroded so are the potential profits, which in turn affect the valuation of AVCT. We are not in a vacuum, this is a time critical product and I think the timescales have either slipped or AL needs to have a better understanding of the English language when using terms like "Shortly" when every day makes a difference.

The Problem Showme, is that every day now that there is no news the SP will fall, because its not a done deal. If we were close (and I mean this week), then Boris could have made a holding statement to the tune of: "new saliva tests with great accuracy and results in 10 minutes are due very soon " (a couple of days maybe?). I can only surmise (as can we all due to the lack of info), that we are some weeks away yet.

so just time. A trader is someone who closes out every day and holds for 8 hours 30 mins at the most and an investor is someone who holds at least overnight?

Khaiser, I only ask because you said "The Boohoo play is simple just now imo. Invest an amount you’re comfortable with, wait until the September results and investigation results, and reassess from there." you refer to it as a "play" and have a 7 week timeframe. but I got the impression you see yourself as an investor?

Anyway, genuinely interested in what you think the difference is.

Khaiser, whats the difference in your view between a trader and an investor?

M4L, the best spin I see is that when/if the RI comes is that it will be sufficient to make the debt manageable and AD will be able to say that the extra debt of the last update came from paying suppliers sooner than normal allowing Kier's rep to improve, leading to more contract wins and because they are at profitable margins means that now, KL does not need to be sold below its fair value and if the market continues to improve won't be needed to be sold at all.
So, that's how I see a route out (obviously just guesswork), I think if the RI is needed it will come now with the update.
If he can have a very positive spin on it then although there will be pain for current holders, I can see it being over subscribed and new demand as well being generated. What that means for SP from here I clearly have not got a clue, but this is painful and Sept can't come soon enough I imagine.

without wishing to tell you how to suck eggs, one of the biggest dangers to trading profitably is by over trading. Today is a dull, dull, dull day. The temptation is to find excuses to trade and if not Boo, then somewhere else. Commission and spreads (and stamp duty if applicable) eat away at any profit and increase losses when the trade goes bad. Try, if you can, just to walk away and come back tomorrow.

Of course its a tree shake Global, I mean I don't suppose anyone has over extended themselves with this No Brainer of a stock that now turns out to be, you know, a little less of a no brainer now as the competition is already out there securing contracts. so a bit of de-risking although that makes sense, is probably not happening and its all Market manipulation yet again...

Tipster, but that's not true is it? things have changed. other companies have had their tests approved and contracts placed.
We are really, by any definition late compared to what was expected from AVCT. There could have been an RNS from AVCT to update the market as to progress. but the silence is deafening at this point.
We are shareholders, we should not have to "guess" as to what progress is being made on this front when the SP has shot up and is only at the price it is on an AVCT solution to Covid being found and deployed. Therefore it is not unreasonable for the BoD to keep us up to date much more regularly on such a time criitical product which supports the current SP.

Larky, How do you know there is a lunchtime RNS coming or are you just ramping, which if you are is obviously shameful

CI, it depends on what time frame you use as to what the RSI will show. On the year chart which has daily open close prices there has been no retrace for days and therefore the RSI is now 89. which is very overbought. (does not mean it won't go higher still, but the longer it satays above 80 and the higher it is above 80 means the chances of a fall in the SP are ever greater)
The daily chart with 15 minute intervals shows the RSI at 60.6.
So you use the chart time intervals in keeping with your likely buy/sell timeframe. Given that this is not a share to day trade because of size and spread it makes sense to look at the longer time frame interval chart(s)
on that basis a retrace to somewhere between 2.88-3.0p makes sense. However with this much momentum behind it, it may only retrace to 3.60p (I plucked that out of the air), just to unwind at least a bit. so its all about where it closes at the moment and as it refuses to close lower than before we have to wait. But, at some time it will fall and when it does that price may well then be the new Floor for further rises to bounce off.
As I said last week I am (longer term), looking more to 17p before I sell but as always, that's today. Tomorrow things may change and therefore so will my expectations and thoughts.

Orp: "...there should be a wealth warning associated with practically everything posted today masquerading as truth and fact.."

isn't everything posted here, never mind today?

well done lemmy! You hung in and hung in......

nice passive aggressive to deflect your forecast...

don't know what the link refers to Jamie? However I think everyone is back from lunch a (or breakfast) and the US market is open and the SP is where exactly?

Gman, I mean I want it to go up, but you do realise its 10% down still don't you....

Jaimie, its not me that makes inaccurate, wild predictions and naïve comments.

How much do you want to bet wiggly that we will finish blue?