Dracula1...24 Feb 2019 00:18
You asked a simple question and these two posters chelseas7 and inanaco just confused you, they keep trying to convince people they know everything. If you have been in AIM market long enough then it would be a waste of time to ask that question because this market has very high risk but very minimal return, majority of people who invested in this market do not make any money, believe me or not but most are in red, only a very very small group of traders and lucky investors who actually make anything.
This market is all about sentiment, when it is with the share, 20-30-50-100-200% increase in 1-2 days/weeks is normal without any news, bulls just arrive and buy in with no obvious reason and nothing can stop, all just rumour and hope, but at some point they will realise it was over-bought or trader sell and nothing happen then slowly the sp will drop. That was exactly with VAL few weeks ago.
In this market you have to TRADE, put in STOP loss and consider to sell some if you make 20-30% profit. You can trade on any share, all share will go ups and downs, and at the moment in bio sector VAL or SCLP or MTFB....are good candidates for trade.
About VAL, I have no sympathy for anyone who bought in at high a few days/weeks ago and loss 50-70% from the last placing, they were clearly warned. I have no confident in VAL401 and if even by somehow VAL managed to make a deal, I think that deal would be nothing significant, this compound is just a bonus and also don't put any hope in 101 or 301 because those compounds will be a long time, at least 4-5 years before you see anything. Our best bet is VAL201, but it depends on how that span out, even with good result from the clinical trials still no guarantee a deal, just pop over and check sclp on their SCB1 results, it completed years ago but still could not sell. VAL201 has to be outstanding or something exceptional...
Deep down, VAL is the same as any other bio techs, they are trying and we have to accept there will be failures and hurdles here and there, it is not easy, everything takes time and it is even harder with cancer. There are many other companies are trying as well, and don't forget the trials is done by other professionals on patient live, they have no control so they cannot make up. The problem with VAL is solely bad management and it seems over many years they do not learn or maybe as some posters put it, they do not care otherwise the sp won't be this bad...