Post by
step123 on Apr 28, 2021 11:11am
Share price
For me,It's hard to understand that the share price has only half cent reaction to monday's news( from 0.085 to 0.09).
There is a theory of stock market: The market is always right
People also say if you think the market is wrong, you are missing something , I don't know what I am missing here the SP doesn't match the fundamental of the company at all
My opinion is:no update on UK's bid and no business expansion on other sector beside Film and television industries are the only explain to current SP
How do you guys think?
Comment by
CandyC on Apr 28, 2021 11:32am
I think that until long term testing is officially needed that the SP will fluctuate between 0.07 and 0.14. If any contract with a vaccine passport with government approval then I could see it around 0.30 which I suspect at some point.
Comment by
Kazam1961 on Apr 28, 2021 11:32am
Stay patient for 4 weeks... by then the financial announcements will be released. there should be a reaction in the share price… IMO
Comment by
backhoegypsy on Apr 28, 2021 11:47am
I think there are too many shares out, Lots of competition in this space with new technology that could make our tests redundant. questionable past of CEO has been eluded too on these boards , too many mouths to feed from one test. and the good ole boys club on Burrard playing with this is why it is valued at 10 cents Am I right, probably not 100% but that is what I think
Comment by
frewil11 on Apr 28, 2021 12:10pm
If you want to make a little bit of money here trading it , you can , but the market does not see a long time future with this company , people do not realize this and this is alot of the reason insiders are selling , if the company can somehow pivot to more of a futre then maybe the market might get more interested.
Comment by
step123 on Apr 28, 2021 12:47pm
Thanks frewi111 I am in this deep(do not want show my number here)and lost lots money right now, usually I keep a core position and training some position, I didn't do it this time because I strong believe the company's fundamentals and even bought more 2 days ago, that was a mistake I think Yes, you are rightI can make some money if i trading it. it hit 12 cents 3 times in about one month
Comment by
CandyC on Apr 28, 2021 1:29pm
Exactly what I do. Bought at 0.08. Keep half until it gets where I hope it will get to by July. The other half I use just for trading. Buy at 0.08 and sell between 0.10-0.12