Amryt Pharma Share Discussion Threads

[alphabravo321] 21/7/2020 22:27

A slow start but maybe worth the wait

[digadee] 21/7/2020 22:26

Nasdaq volume is starting to pick up

[ultrasharp] 14/7/2020 22:28

That link, delta, was first posted on the lse bb last week by Bermudashorts and copied by me on here last week. Unfortunately it hasn't had investors rushing to buy on Nasdaq! richpassi commented on the low volume on Nasdaq yesterday. Well today, if anything, the volume was even lower. You could count the number of trades on your fingers! All small amounts.

ATB PAPILLON

[delta0091] 14/7/2020 19:57

1 USA analyst, Cantor Fitzgerald, have given a target of $45.00 for the ADRs with a recommendation of a STRONG BUY

[ultrasharp] 14/7/2020 19:30

Yes, bazworth, the share price will rise in anticipation of the AP101 phase 3 trial results being released. However unlike the Nasdaq listing where the share price rose in anticipation and then dropped when the listing actually happened, the big rise (or big fall if the AP101 trial result is bad news) will only happen when the results are finally issued. The AP101 trial results are different from the Nasdaq listing because we won't know the outcome until the day the results are announced. I remember FARN a few years ago. The FARN share price rose to circa £8 because it was widely expected, after excellent phase 2 results, that the phase 3 results would be excellent. They weren't (the FARN drug bombed!) and the FARN share price plummeted by 80% on the day the results were issued, fom circa £8 down towards a £1. It carried on dropping in the days following until it went under 70p.

ATB PAPILLON

[bazworth] 14/7/2020 18:18

Perhaps the next catalyst will be expectations regarding the publication of the phase 3 trial. We must only have a short while to wait!

[ultrasharp] 14/7/2020 17:57

The AMYT share price almost doubled from the start of May, 74tom, partly on the back of the expected listing on Nasdaq.
There's an old stock market adage, 74tom and that's buy on the prospect of good news and sell on that news becoming fact. Definitely the case here.

ATB PAPILLON

PS I bought back 1000 shares this afternoon. The price to buy was just over 178p.

PPS AMYT has twice raised capital and both times the share price fell so I don't understand your "damp squid" and lack of capital raise comment. Also it's been known for some time that there would be no capital raise linked to the Nasdaq listing yet still the share price rose!!

[74tom] 14/7/2020 17:04

Absolute damp squid of a dual listing - always the risk when no capital is being raised...wouldn̵7;t be a surprise to see £1.50 retested in the next week or two.

[richpassi] 13/7/2020 21:01

Some big late reported trades today in London but still no excitement across the water.

[papillon] 12/7/2020 22:12

Yes, bazworth, a nice weekend weather wise. However July has been cold and damp up to this weekend. Paying the price for the excellent weather in April & May.

[bazworth] 12/7/2020 21:38

I’m totally relaxed about the share price gyrations being old and extremely patient, as we have had to be ex FAST!

What a lovely weekend it has been!

Cheers

[ultrasharp] 12/7/2020 21:14

According to the Nasdaq site today, bazworth, AMYT closed at US$11.075, not the US$11.45 it showed when the Mkt closed @ 9pm (UK time) on Friday evening. That equates to £1.758 per share on AIM so we might see the AMYT share price slightly lower on Monday on AIM. I shall be following the Nasdaq price closely on Monday when it opens @ 2.30pm (our time) as well as the volume.

ATB PAPILLON

[bazworth] 10/7/2020 23:03

Completely understand! As long as we have another major whoooosh over the next 12-18 months I will be very happy indeed!

Keep smiling!

[papillon] 10/7/2020 21:21

Actually the Nasdaq share price closed up at US$11.45 today, bazworth. See, bazworth, I take action today and it has an effect on Nasdaq!! The opposite effect to what I had expected!! lol 😒. I sell and the price rises!! That's what you call good timing!! LOL 🤔

I can move markets!! LOL. Don't tell albundi1.

PS The volume on Nasdaq was small today. Less than 5k of ADS's traded. That means less than 20k of AMYT shares. I don't think that volume will tempt Bronxville (or me) to buy back in just yet. I still have my 3k shares and I'm happy with the profit I made on the 2k I sold, so I wont be too unhappy to see the AMYT share price edge higher on AIM on Monday. Compared to Bronxville I only invest chicken feed.

[papillon] 10/7/2020 21:08

Okay, bazworth. I only repeated my reply to you yesterday to show albundi1 that I had expressed doubts about the AMYT share price on Nasdaq yesterday before I sold my 2k shares today and before Bronxville had posted that he had sold all of his AMYT shares yesterday.

[bazworth] 10/7/2020 17:25

Thanks, I do realise that but my former comment was with tongue firmly in cheek!!

[ultrasharp] 10/7/2020 17:14

I also posted to bazworth yesterday that broker forecasts should be taken with a very large pinch of salt, albundi1. Halve them and then halve again.

PAPILLON

[ultrasharp] 10/7/2020 16:39

Unfortunately, Nick Rubens, most lose money dabbling in AIM listed O&G exploration stocks. I should know as I'm also one who has lost money on them in the past. Join the club. Most of the AIM listed O&G's are pure FANTASY and some turn out to be FRAUDS. They only exist to provide the money for lucrative lifestyles for their Directors and their financial advisors. Mug punters like us, Nick, fund these lucrative lifestyles. The only thing these fantasy companies produce is shares!! Placing after placing happens at ever lower prices.
The same could be said of most AIM listed biotechs. I believe AMYT is an exception. I wont criticise you for selling, but you should look to buy back in. I sincerely believe AMYT will prove to be a very successful company. After all a very successful man like Ray Stafford has put his money where his mouth is. Wiley & Nealon are also big shareholders.

ATB PAPILLON

[ultrasharp] 10/7/2020 16:18

Albundi1. I have followed him in selling!! I couldn't follow his advice yesterday because he never said he had sold until today! Think before you post! !
I sold 1000 this morning and another 1000 this afternoon. Got 180p share both times. I now have 3000 shares which I will continue to hold. I will look to buy those 2000 shares back when I think the time is right. I don't need your approval!!

I haven't changed my mind because I go by the charts and fundamentals. I correctly predicted a circa £2 share price when it broke out of a very bullish flag/pennant pattern when the share price closed above 160p and closed above the previous all time high of 162p achieved back in May 2017. Look back through my posts for confirmation.
For your information I don't have to seek your approval if I want to change my mind. Who the hell do you think you are anyway? You're coming across as a stuck up, pompous prig.

PAPILLON

[nick rubens] 10/7/2020 15:20

I've sold for now, after seeing the pullback, nearly got my money back (small loss) on my original Fastnet investment, which is good going compared with my numerous other disasters know as Oil and Gas exploration I still own from back then and are worthless.

Will let the market do it's thing. Hope it continues rising for existing holders though.

10-12 years of AIM investing has taught me a lot, namely not to bother as the only winners are directors,brokers and insiders coupled with a very few lucky trader/punter rampers.

Not saying the main market is much different, just not as blatantly bad.

[albundi1] 10/7/2020 15:20

Bloomin changes his views like the weather. As the price drops along come his indirect negative stance. I say he has sold up and hoping to see the price drop so to buy back in. I mean why suggest this "bronxville" character is a "pretty good judge when it comes to shares" but not follow him in selling.
Very odd character indeed and generally full of himself

[papillon] 10/7/2020 13:42

Well we had a good run for our money. The AMYT share price almost doubled in around 2 months. From a low of 102.5p in early May to a high of 198p in early July is pretty good going. All good things must come to an end sometime. I notice Bronxville (a shrewd investor and a pretty good judge when it comes to shares) says he sold all his AMYT shares yesterday and will only return when he sees evidence of "accumulation on the Nasdaq".

Personally I think potential large buyers are waiting for the small Novelion shareholders who have been unable to sell the AMYT shares they were given in exchange for their Novelion shares as part of the RTO and rescue of Novelion and it's bond holders, for almost a year, to finish their selling before buying AMYT ADS's on Nasdaq. I'm kicking myself for not factoring in that probable scenario taking place. I live and never learn!! 😆

[nick rubens] 10/7/2020 08:41

4 million warrants for the equivalent of shares at zero cost exercised.