Tribe Technology set to deliver healthy pipeline of orders from Tier-One miners. Watch the video here.
Just like the UK of course.
From telling us face masks are pointless, to fining us for not wearing them!
https://www.independent.co.uk/news/uk/home-news/coronavirus-uk-news-professor-chris-whitty-no-masks-advice-a9374086.html
Not newsworthy for most, but for me it's a sigh of relief. Yesterday all were red, and last thing we need is consecutive days of all Covid stocks going red. Need to watch that macro while we're focusing on the specifics within each stock.
Sceen:
https://ibb.co/6XP2Cgk
Cheers Bottm!
So can your chart tell us how much of the broker's 800k order has been filled and how much is left?
;)
@ Ponkey
There's only currently 68 million shares in issue. Vatel can't be selling shares which haven't been admitted yet. There will be over 70 million after the 9th. They'll have a 4.18% holding, of which 3.03% are locked down. We don't even know if Vatel will sell quickly anyway.
That said. There is clearly a strong market maker play here, so either there's another seller in the background, or shares are being bought up now which will be sold quickly to Vatel on admission at an agreed price.
Say a broker buys 800k shares at an average 270p, which they later resell to Vatel for 300p. They can pocket an easy £250k on that deal (and a lot more from any other cheap shares they buy up on the death spiral they've initiated).
Buy price 2.16 mill
Sell price 2.4 mill
Just some example figures, trying to work out the move in my head at the moment.
Vatel's shares aren't admitted to AIM until around the 9th (can be a little later or sooner). Same with Euronext.
The selloff started on the MM play on the 1st June (where they started raising the sp, and spiked it on the following open).
It's a classic move, yet it began 8 day's before the Vatel's shares are supposedly admitted.
@ Rotom
If you see a TR1 released then buy right back in and fast.
That would explain the heavy methodical sustained selloff. All the hallmarks are there. Create new false floors each day and get as many buyers as you can. No way to know where it'll end honestly.
@ Johnny
There's about 30,000 shares under 360p. Beyond that there's asks around 380p+
@ Snowman
Gaps never 'need filling'. It's total bunkum passed around by trader bros and their cherry-picked examples.
https://allstarcharts.com/gaps-need-filled/
263 sell, 266 buy a few minutes ago.
They really want you to sell.
People snapping up yesterday's bargain Bio prices. Blue open for quite a few.
https://ibb.co/ynrhjpc
Going to be hard to watch NCYT today, need a strong stomach for what's to come. Good luck guys. I have money here too at the moment but jeez, it's rough right now!
I reckon there's a big seller in the background, retail market sentiment has moved away from Covid stocks and the failure to tap the French market has given NCYT a triple kicking.
That said, if you can take a beating like that, then recovery must be on the way soon if you can get some news about new orders out.
@ Dougie, was thinking about you last week on that mad ODX run. You must be in good spirits after that. You're way above your average now! Nice one!
@Obelix Blue on ODX would be class but would take 70p would be defiant enough!
Huge kicking on these Covid stocks, loas are oversold. I bet confidence returns and this isn't the bubble popping. Need to plot all the Covid stocks as if they were one fund and track the overall price movement to see what the trend is. I don't have software to do that, maybe someone else has. Either way going to make it a weekend project. I think seeing the picture at this point is important for all of us. None of us want trapped in another DotCom bubble. Problem with is you never know when it happens, and you don't want to get out early either of course. Covid story still has a way to go yet. Next few weeks will be interesting in the UK. Will we get a spike in cases as lockdown eases. If not.. maybe consider derisking if you haven't been already.
I'm in for Avacta, I think it can do 150p!
Also, pick one BioTech stock that you think can go blue on close. Current prices:
https://ibb.co/h8NQ9PS
I'm thinking none go blue, but I'll be happy to see any of them go that way.
I've got 5 platforms going at the moment so think you asked the wrong guy for a recommendation! That screenshot is from IG's web platform.
I haven't got a single platform that does everything I want hence I'm juggling a bunch of them (TWS, Quotestream, ProRealTime etc).
Also that Director buy. It's tiny. Looks like a weak play to give investors confidence.
Yes something was happening with NCYT lately, hence why I've been taking in interest in it again (used to day trade and swing it confidently then stopped for a while).
I think though that maybe NCYT got hit with the market changing on top of whatever the background play was.
Today's the first day we've had such a dramatic reversal across the whole sector:
https://ibb.co/BGy0rXX
https://ibb.co/BGy0rXX
Anybody's guess from here. Roll the dice. Temporary blip or the day the bubble burst. Either was this is the first day I've tracked a reversal as dramatic as this across the whole Bio sector so well worth remembering.
From The Guardian this morning.
tl;dr
US firm Curative led by award winning UK scientist makes easy to use spit tests
Trial begins on 5000 key workers over next two weeks
Ministers working towards getting UK approval
Can provide 100,000 tests per week
https://www.theguardian.com/world/2020/may/22/uk-covid-19-saliva-test-trialled-5000-key-workers
Omega did follow up again later to say they appreciate the support, so don't feel too bad if you have been messaging them.
Screen:
https://ibb.co/xCNVQt6
I was wrong earlier about the message being faked.
The pixel test didn't check out, but that's not enough to definitively say the actual message was fake. People edit files for all sorts of reasons. It was bugging me, so I asked Omega to check if it was real. Took about 7 hours for them to come back to me hence this late night post, but they did do so, and they think that the communication is genuine.
Screenshot:
https://ibb.co/4MYgvqF
Apologies to the original poster. Note they seem to be getting a lot of queries from PIs, but not my place to dictate, especially as that communication was reassuring. Maybe the most reassuring thing I've seen regarding ODX this week, so thought it was worth validating.