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Hi All - Positive results on their cancer drug out the evening uk time.
PS: I am showing Strong Sell only to encourage people to get their money back but my son is still not in profit & will Hold.I hope that makes sense.
The SP is still rising now at $11.60 I have reverted to Hold . Good luck my son is now in profit after many years.Good luck EP.
Https://finance.yahoo.com/news/summit-shares-soar-lung-cancer-195343904.html
Brilliant news
Morning all ... I nearly fell off my chair this morning. I thought Google Finance was registering an error ... fimrly back in the black and then some just now.
If any wise souls want to advise their thoughts for me or Chris's son as to where we "think" this could go (I use "" because who among us really know much of anything haha), I am all ears. Fridays are always fun ... I imagine it will go a little bananas and then a sell-off into the weekend. The question being however ... what legs and potential does this news bring?
Any and all response is much appreciated.
First mission for me: recover the initial investment at the most advantageous moment I am comfortable with and let the rest run ...
GLA - EP
ps. Thanks Chris for the well wishes. Good luck to your boy
Hi EP - Great post & sums the situation up very well .I was not aware that my son had finally got his shares on a site & would have advised him to sell at its peak last night as the SP has now receded more than I had expected.Ian will now still be at a loss thanks to me so he will need to wait.I am expecting a further increase in the SP as more news comes out.
As a rule of thumb having once been invested I would Sell, if in profit, to recover my initial investment & then Hold.
I check every day the SMMT activity so will keep people posted.
Regards
CM
PS I am currently showing Hold
Looks like some big profit taken back yesterday after market and premarket this morning.
Probably end up in 4 and 3 dollars again when settled.
Always hard to argue against taking a profit, but...remember Keytruda has sales of $25 billion a year. We don't have rights to all markets but if we really do outperform it, and that's what we're saying, then that's a mighty big market to chip away at. I think there's good reason to hold for sometime yet.
Agreed 100% hold for me now.
A year will tell the story now
Interesting turn of events: trading halt pending news. But not before some very chunk in-the-know trades might have gone in at the last minute. Many assuming the halt is because of the content in the press conference Monday.
Wait and see.
Have a good weekend
- EP