Evgen Pharma Share Discussion Threads

[kingalf] 16/2/2023 20:42

A hammer seems to have formed on the candle sticks, another bullish signal. This will either go up by its own volition or there may be an imminent announcement

[clocktower] 16/2/2023 19:47

It seems the 150k was a buy in fact and a few more like that should get it moving upwards once again, as volumes are likely to increase imo.

[kingalf] 16/2/2023 07:53

Wololo - you could well be right, not entirely sure it will spike to 6p though.
EVG closed unchanged on Wednesday, February 15, 2023, on 11 percent of normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

[wololol] 15/2/2023 13:19

The sellers are exhausted now so any buying pressure will quickly see this move fast bac up to 6p area initially. I've got a sizeable chunk ready to buy just waiting for the confirmation signal.

[markth126] 15/2/2023 09:36

I wish I had such clear foresight. 2.85 -5.89 is irrelevant to my target anyway.

[kingalf] 15/2/2023 09:34

This is going one of two ways, either filling the gap down to 2.85p or hitting the resistance line at 5.89p.

[clocktower] 14/2/2023 11:33

Can still buy at 4.07 W still few takers, maybe your waiting to see if more selling occurs I guess.

[wololol] 13/2/2023 20:52

Biggest bear trap I've ever seen. Please sell some more Ive got 100k ready tomorrow. Waiting for that juicy partnership to be announced any time now another 200/300% day on the cards when that happens.

[kingalf] 13/2/2023 17:21

Oops
My optimism may have been mis placed, should have stuck with my initial pessimism.
Gap down to 2.85 needs to be filled, will probably top up then

[lovewinshatelosses] 13/2/2023 16:27

The problem is that everyone is already fully loaded here now, with little more they are willing or able to add. Unless or until the seller is out, who knows where the bottom will be? Put simply, we need more positive news. At that point, fresh buyers and traders should clear the stale bulls out and hopefully onwards from there - but we have been saying that for a long time now. Hey ho.

[markth126] 13/2/2023 14:39

Some exiting in hurry trashing the price! - Wish i wasnt sold loaded here as would be very tempted for a top up. Bargain prices!

[kingalf] 10/2/2023 22:35

Based form, trend reversal imminent.
EVG closed down 2.33 percent on Friday, February 10, 2023, on 1.93 times normal volume. It was able to bounce off of its 200 day moving average, an important long-term support line. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

[kingalf] 10/2/2023 19:23

Kight more than likely adding to his 12% holding. On the surface I've been a bear on this share for a long time, I remember arguing with money munch on countless occasion and have been proved right. Something is stirring in the background, the bods have confirmed this by saying they couldn't buy even if they wanted, this together with Kight sizeable position has led me to put my apprehension to one side and take a small position, I'm not expecting a massive rise, 50% would do me

[wololol] 10/2/2023 14:32

Yes there is a large buy order in the background at least 500k. Let the impatient transfer wealth to patient. Some big new due in the next few months. I'll be topping up again soon once I free up some cash maybe another 150k. If I can get it at like 4.2.

[markth126] 10/2/2023 14:19

Can sell up to 600k so MM clearly want them, maybe a large buy order in

[lovewinshatelosses] 10/2/2023 14:10

Well, if the next update is positive, hopefully this will clear out any stale bulls left and inject some fresh impetus.

[on target] 10/2/2023 14:00

The volume recently has been tiny, with most trades a few £k if that - clearly bored PIs dripping out and moving on to the next rainbow. The real issue is a lack of buyers, forcing the MMs into a defensive position when faced with a continuous dribble of sells.

[lovewinshatelosses] 10/2/2023 13:42

I will be extremely displeased if this relentless selling is followed by some bad news. This action over the past few weeks cannot simply be PI's selling. It would be good if the BOD released an RNS stating that they know of no reason for the share price movement. This is where the lack of previous inside buying really rankles. Oh well, GLA while we wait to see what, if anything, is the reason for this.

[on target] 10/2/2023 12:05

True, don't they have around £7m in the bank plus another approx £5m to come this year from their two licencing agreements.

[markth126] 10/2/2023 11:48

Pretty irrelevant chat really when the Stalicla deal and cash balances more than cover the current market cap anyway.

[markth126] 10/2/2023 11:48

Pretty irrelevant chat really when the Stalicla deal and cash balances more than cover the current market cap anyway.

[diamondstar1] 10/2/2023 11:46

And I’m not Radar - whoever he is!

[diamondstar1] 10/2/2023 11:45

Yes, I was a shareholder at some stage, but managed to escape at a neutral position. I am not a shareholder now, and I don’t have any short positions.

All I’m saying is be realistic - if Evgen had truly great Ph2 results in Breast Cancer - why didn’t they initiate a larger placebo (or active) controlled comfirmatory trial? 4 years have gone by since the Ph2 results.

[on target] 10/2/2023 11:32

Now you're just moving the goalposts to suit. Strange, you were an enthusiastic poster on EVG and were very excited about the trial at the time, looking at your posting history.

Aw, did you lose some money?

You're not 'radar' on lse by any chance are you?