Member Info for wyndrum

McM the old adage of "hope for the best, prepare for the worst" is a pretty good mantra generally for life, but particularly so in running your own portfolio.

Ic, again by assuming useless, you are assuming CC and the rest of the BoD are in control of events.

This may not be the case.

I have said here a gazzilion times, you should not put much weight on what any director says when predicting future events. They will never be frank, they will only be super positive because thats all they can do. They can't be balanced and they certainly will never publicly explore any potential hazards.

(Thats my job, and you can see how well that goes down)

On the other hand maybe they are useless, who knows?

gord, i pointed out a few years ago now that mm might have ulteria motives being a large shareholder (in the millions) when ramping the stock with every penny making him several thousand pounds.

he responded by trying to have me banned from lse, telling everybody here to cut and paste a detrimental set of opinions about me in a paragraph, in a post he made, to post to the administrators to bring this about.

rah also lost his rag with me several years ago when i suggested he was full of ****e. ttb seemed more reasonable as i recall, but was just as big a ramper as the rest so he stopped posting here too.

Chris, I thought CC said the initial update from p1b was the end of the year?

If that is right, (and I admit I do loose track of exactly what dates are said when and how much time to add for the missed deadlines), then it is cutting it too fine for any cash raise.

As time has progressed (dragged on) the financials have overtaken the science. we can argue the toss about the science but none of us know whats going on behind the scenes.

Right now the company has not got sufficient funds for its pipeline and next already forecasted trial starting early next year, (assuming it does not get suspended for lack of funds. (think about that when you don't think its that grim).

We know its hard to raise money, we know there is only 7-8 months money left assuming costs have not gone up. We know from CC that BP are not interested yet. There may be a secret deal to be announced but there is actually no evidence that is the case. We know BG have sold out (and they had been for years), we know the SP is at all time low. The mood music is pretty poor i think so Its potentially very grim. (imo dyor etc)

"An extra 20% or so shares is not the end of the world if Avacta delivers all they are promising."

Well, it depends on where the price is set and how much is raised before you can say what the percentage will be.

However Heights is causing what, 4 x times the dilution expected? (it was around 120p-130p when it started so 4 times the amount of shares are needing to be issued now to make the repayments?

That is of course on top of the 120p RI in covid, followed by the 50p disaster, its all starts to add up...

"Bored lonely people sitting behind their computer in the bedrooms"

Yet you find the time to throw out numerous insults per day?

Anyway, why haven't you responded to how you justified your post yesterday of price manipulation? I have asked you twice already.

Hi Muck,

I find on small caps like this the most reliable indicator is the RSI.

When it reached its all time low at 5.75p and then moved up, it made a reversal pattern on the RSI suggesting the down trend was broken. since then there has been moves up with out any fall backs, giving further confirmation that the downtrend is done.

I am a sucker for this stock as I really think the management is a cut above most bio stocks, so I keep an eye on it.

I do get out quick though if my expectations are confounded by the market. (I never, ever think I "know" more than the market!

Anyway, its still very high risk so I have a relatively small amount in here but maybe, just maybe, better times are ahead... who knows!

Oh Gord...the chart has dragged me back in...man the life boats...

Cj, that is a miserable sentiment laced with emotion. Its just abit of paper, a betting slip.

You have got in early at a 100-1. others as the odds shorten might get it at 10-1

So what, who cares? well done you for sure, but unless you bought at 29p you have not got in at a 100-1 either.

I just find these bitter posts always say more about the poster than who they are aimed at.

I don't get too involved with the product lines per se..

CPX seem to have a technical advantage over some bigger players in the market (but how would I know? they don't release this sort of info). The new personnel on board seems a positive sign, the various tie ups have come thick and fast, this latest deal, seem a clincher. The chart looks to have broken out... who knows what will happen but it has small mkt cap so the potential for a multi bagger is there as well.

In the end its a crap shoot but I enjoy dabbling in it all.

Paul, If we get some good SP moving news I will be banging the drum with the rest here.

Its not my fault the SP has tanked over the last 4 years, my posts have tried to think of reasons why that may have occurred. As its been an unremitting downtrend so my posts have reflected that. Its also not my fault that there have been many "positive" posts with flimsy arguments to back them up. (As can be seen today with Ginge and Watching refusing to justify their views, but they did manage to respond to tell me to do one.)

I read the "pipeline" RNS and commented I thought that the single best RNS AVCT have ever issued. However it has not stopped the decline.

As soon as we get some better news I will no doubt bore you all to death on how rich we are all going to be. (I am pretty sure human nature being what it is, there will be less insults following them).

Next week is but the latest most important RNS in AVCT's history.

Well, they are sitting on quite the loss then. At least we know where the Heights shares went. (16/01 the SP was 51p)

Perhaps they should have listened?

Anyway, next week will reveal something new.

Hi Van, All charts are (as I know you know), a graphical representation of the buys and sells and how it moves the price.

The whole point of a chart is that the company it represents is irrelevant. The patterns made suggest what is most likely to happen next.

Ultimately the co. in question will release new news which will then confirm or contradict what the chart has already implied.

So all a chart is doing is to potentially give a heads up to buyers or sellers what the next move is likely to be and therefore to get in ahead of the game.

Small caps like this are much more likely to be easily manipulated and I would not dream of day trading in fact any stock into the ftse 100. (I traded bond futures full time for a few years and the reason they are traded is because there is not enough money in any trading house big enough to influence the direction of travel. I was firmly told, for that reason not to trade even indicis like the FTSE 100 as they were too small in the grand scheme of things.

Anyhoo, I find that charts do in fact work pretty well for small caps in a broad sense that for me just keeping it ultra simple with support and resistance levels combined with the RSI (its the only indicator I use for any stock) allows me to time entry and exit levels. CPX looked to have good potential over a 3-9 month time frame so I got in I have added along the way. (If however it starts to fall below my stop then i will sell irrespective of how long I have held it._

My (THE) golden rule of preservation of capital is everything.

Anyway this morning it fell to .14 and as it bounced off so I topped up as that was a resistance point (I paid close to .15p but that ok. Whether or not that will be a good move only time will tell. And all it is, is an odds game, its always got two options, its just trying to divine which one is most likely and when you feel the odds are overwhelmingly in your favour, you react.

Come now Jane, I have not remotely "bashed" AVCT. (Occasionally I express concern over what I have perceived to be misleading statements.)

I take issue with posters here like you making allegations of "Manipulation" and when questioned twice to explain how you think that is the case you simply refuse to answer. Now, given your bold statement, if people believed you they would assume that the price is artificially low and buy at these criminally low levels. (see what I did there?)

That is (and the irony is sublime), manipulative....

Could well be right Grace, (wouldn't be the first time...)

Ah Jane, you are back!

So what proof or circumstantial evidence do you have for the SP being manipulated?

"Nasdaq will have a more grounded valuation based on the science, data and potential."

How many small bio start ups in the research phase fail after the IPO? (I know this won't apply to AVCT because they are different)

(its worth noting however that to fund the IPO they all have to have some bloody good data and results already.)

How is the market (not AIM because that is as thick as mince), to value yet another company going to the ND? (I am guessing there are more of the AVCT's of this world there than on our tiddly mkt.)?

Its yet another assumption built on another.... and so it goes on, from not caring about funding, to what the SP is, to how long it will take.

Yet all are fundamental to realising value. And you would think someone who only accepts fundamentals would be all over this.....

"How is the share price even relevant unless you’re trading?"

Thats interesting ice... How do you buy and sell your shares if not through the SP stated on the stock market?

(Forget the trading bit, that's just a term that reflects frequency of buying and selling and not relevant to your main point.)

It just seems to me that the price you buy at and the price you eventually sell at are the two most single RELEVANT factors in the whole exercise.

What am I missing?

I Should have said: "(Plus the TA might soon FURTHER be on our side if it can close at .19 in the near future!)

The technicals have already shown a break out and stalled at the higher .18p resistance level with a retrace to the .14p old resistance,(now a support) level. This allowed the technical overbought RS indicator to unwind presaging likely further rises

So far so good....

(Plus the TA might soon to be on our side if it can close at .19 in the near future!)