Bioseek Share Discussion Threads

[david123456] 11/8/2011 17:21

It is not a question of my belief or disbelief in your nonsense postings.

The fact is that the trade you claim to have made does not appear on the official listing. And 50,000 shares is only about four grand, not nearly large enough to warrant a delayed trade status.

In other words, gotcha.

One of the problem that serious posters have to put up with is dealing with Walter Mitty types who invest £300 and pretend that they are Masters Of The Universe who know something about investing. They often get away with it because these BBs are anonymous.

But every so often the emptiness of their views and talents becomes apparent. You just provided us with a good example of Walter Mitty self destructing.

[spaceparallax] 11/8/2011 15:28

Pots and kettles come to mind - whether you believe my 50K buy is of little consequence to me.

[david123456] 11/8/2011 15:03

Hey space, he said serious posters, not clowns. You posted on the wrong thread.

Its good that you have a long term view. Hopefully you have a very long term view. It could take a very long time for this company to dig itself out of this hole, I fear. That assumes it remains in business.

The ask price just dropped again a few minutes ago at abut 2:20pm. looks like its time for you to top up again.

Incidentally, there were no 50,000 buys on the 8th when you last claimed to top up by this amount. Gotcha.

[spaceparallax] 11/8/2011 11:53

You mean unlike yourself - you're simply trying to talk it down.

I'm interested in the longer term, not merely the day to day manipulations of the Mkt.

[curious] 11/8/2011 09:53

The FTSE 100 is up by over 100 points as I write this. There is a sea of blue ink across the entire market.

But ATD is down 10% on the day so far. It had tried to rally earlier this week. The bid price managed to rise to 9p at one point. But it could not hold this level.

This trend is beginning to look more than just serious. Terminal might be a better word.

I can not decide if the price trend is telling us that a rights issue is coming, or if they are going bust.

Going bust might sound far-fetched. But keep in mind that they lost money in four of the last five years, the ceo just left very suddenly and their bank refused to lend money to them that it had previously promised.

Any fresh views from serious posters?

[and then] 10/8/2011 19:43

and then - 10 Aug'11 - 15:34 - 85754 of 85843 edit

Just to note, we have a HH and (currently) a HL from yesterday, forget the speed of the drop, that's to scare you... the facts say up, (until it doesn't!)

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and then - 10 Aug'11 - 15:59 - 85781 of 85843 edit

have mega PD and tweezers on the 5min Dax, need drop to around 5590/5600 again for a nice looking 123...

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[spaceparallax] 08/8/2011 14:40

Well as far as ı can see no reason for the dıp other than the broad gloom - just grabbed another 50K.

[buywell2] 06/8/2011 11:02

Risk is the enemy of the investor

The credit facility was arranged because BioSeek wanted cash and not more ATD shares

They have lost around $2m on their first tranche

It would appear that perhaps the CEO/CFO thought at the time of acquisition that further ATD paper would do the trick

Since then ATD bought a licence from Capsant .... how much did they pay ?

Also I would have thought there will be a pay off to the departed CEO to cover pension and any other lost rights eg share options

This could amount to circa £0.35m I would have thought

Has ATD the cash in hand with USA markets going AWOL ? and thus BioSeek possibly suffering

Therefore there is a risk involved in this stock .... 5p chartwise looks a given

Until we know the why's and wherefore's of the CEO's departure and any ramifications from it ..... I remain sidelined

[curious] 05/8/2011 11:31

buywell2

You raise some interesting points. I'm not financially astute enough to offer any opinion. But if you are right, it certainly explains why the ceo left so abruptly. He was part of the price that had to be paid in order for the company to raise or borrow more money.

I would also guess that the CFO is now vulnerable.

Your observation about their financial situation also suggests another fund raising is on the cards.

Again, I am not predicting these events will occur -- I am merely stating that they are a natural off-shoot to your hypothesis.

[buywell2] 05/8/2011 11:26

How much did they pay for the Capsant licence ?

This was RECENT

Check out PRM,SLN,OXB, VAL, DES,LLOY,BARC,RBS,PFD threads for my comments...to name but a few

[emuphil] 05/8/2011 11:24

"the Board has decided it would be in Asterand's shareholders' interests to pay this amount in cash, rather than diluting existing shareholders."

They had already decided to pay it in cash Buywell, and have arranged a loan facility to do so. Furthermore it's Asterand's decision if they pay it in shares or cash. You pasted all that info in your post but then contradict it in your comments...?

And legal recourse because a share price has dropped? Have read some very good and knowledgeable posts from you on the SBS board but can't help thinking you have an agenda here with your downbeat comments with little or no basis.

[emuphil] 05/8/2011 09:25

What a day... so if everyone is selling enough to cause ATD and others to be down 10% on company specific news then why can't I buy any shares online.

[buywell2] 04/8/2011 13:52

Seems that a few are disappointed today

''Regarding the company performance there are inside and outside influences as always, and any investor who expects a company to continually raise profits every year regardless of external forces is likely to be disappointed. A company like ATD requires a long term view.''


The original RNS about the CEO leaving made no mention about personal circumstances. But a later one did ..... I find this odd.

I have tried to access the website of Capsan Neurotechnologies to get info about a deal that was done in june of this year.

I can't get connected .... try to phone them

The chart now looks grim indeed

A move to 5p is now a distinct possibility as I posted some months back , the share is in a major downtrend and only very positive RNS news will stop it in my opinion

dyor

[and then] 03/8/2011 16:06

Yep, nice charts joe. Million dollar question is, when will it bounce? Have we seen it half hour ago? Need to look at volumes and would prefer a spike in the Vix.
Certainly looks like we could be heading for bear territory, any strength appears to be getting sold off, bulls will have to get momentum back and keep it going...

[joe moon] 03/8/2011 15:53

or even this...as soon as it lost 7k it was a goner imo

[joe moon] 03/8/2011 15:49

yes it does work

[and then] 03/8/2011 15:28

Or you could look at it like this!



Have initial Audi target of 696 joe, obviously that's a late call as its nearly there, so need another set-up afterwards...

[joe moon] 03/8/2011 15:20

getting the hang of this 'hindsight stuff'

[joe moon] 03/8/2011 15:11

u think aud is a short to 680?