Evgen Pharma Share Discussion Threads

[hatfullofsky] 19/10/2023 13:01

Clock what makes you think holders aren't buying ?

Wololol - may be right here, overhang has cleared, small buys now pushing the price up

[dave4545] 19/10/2023 13:00

And just like that NT to buy 50k at 2p

Had my chance of 1.7p stock and refused it

[dave4545] 19/10/2023 11:48

The real spread is a lot better than the monitor, nobody will touch 1.6-1.9p

But 1.711-1.828p is a lot closer

Buy order?

[clocktower] 19/10/2023 11:28

Or could it be a short position being closed, as there has been no follow up.

[clocktower] 19/10/2023 11:09

We saw two fresh posters here today, I suggest they might be the buyers ?

The Imperialist19 Oct '23 - 09:32 - 2184 of 2191

[dave4545] 19/10/2023 11:06

Classic chart here continuous down trend no spikes which means it will probably have a massive spike at some point.

The hard part is guessing from what level, is this the bottom ?

[wololol] 19/10/2023 11:02

Several large buys gone through looking good here for the bottom. If the wedge pattern breaks potential for a massive breakout.

[clocktower] 19/10/2023 10:55

I see none of the regular holders rushing to buy more, so cash must be in short supply.

[wololol] 19/10/2023 10:17

Overhand has cleared just this morning. Can sell 500k shares no problem. Any buying pressure sees this move up fast

[clocktower] 19/10/2023 10:03

OT -in the red on SDY and DSG which I also hold but cash is king for me at present but IQAI has been very good recently but I would not suggest buying it at present, though
I may well be wrong.

This does look way oversold though but not willing to stick anything more than the tiny toe back into the fire, as I got burnt having done very well on the second bounce around a year ago. Still, no regrets as others have been kind to me.

[on target] 19/10/2023 09:48

Interesting trading strategy there CT.

[clocktower] 19/10/2023 09:40

No but I am just sitting on the small number I purchased after cutting my losses earlier.

I will wait for news and sell what I have if I get to breakeven on these few and wish whoever buys them luck.

ACRL - SDY - IQAI etc is where I am at present.

[the imperialist] 19/10/2023 09:32

You tempted CT?

[clocktower] 19/10/2023 09:22

The shares can now be purchased for 1.75p

[the imperialist] 19/10/2023 09:18

I get the 'don't sell' opinion, not sure I'd be rushing to average down though.

[wololol] 19/10/2023 09:09

I genuinely think this is the bottom now it has to be. Only stupid people would sell at this price. Unbelievable opportunity.

[the imperialist] 19/10/2023 08:57

100% premium is great, unless you're 700 or 800% in the red.

[wololol] 19/10/2023 08:54

Cash burn will significantly decreased now they have the manufacturing and phase 1 out of the way. 5 million cash as of march - 6 months ago. How many other pharma/aim companies have approx £4million in the bank now and are valued at £4million with a £160million deal. Just a matter of time for the good news to start rolling in before the end of year and the share price to rerate on the back of low liquidity on the Aim market. Unbelievable opportunity at these levels, if it's stays like this for too long certainly an offer will come in. I was a shareholder at DNL and the same happened there and got taken out over 100% premium.

[hatfullofsky] 19/10/2023 08:05

Lots of news due in Q4, were only 3 weeks into it, some perspective please.

[the imperialist] 19/10/2023 07:36

I think it's fair to say they're not a shareholder-focussed setup.

[peverill] 19/10/2023 07:33

Can't be much of the last raise left,squandered on wages and trips away and not a lot to show for it.Might set one of these up myself seems like an easy way to make 300k a year.Set up,promise the world,deliver sfa and just stay disappear on holiday when shareholders get the hump.

[hatfullofsky] 18/10/2023 20:33

All gibberish, news is what we need not interpretation of a voodoo Chartist

[hatfullofsky] 18/10/2023 20:25

Is that a blue finish ? I don't care if it's lower than a snakes belly, it's BLUE !!!!! :-)

[dave4545] 18/10/2023 09:15

Look at the market cap of OBI look at the revenue the losses and cash burn.

Safe to say when this spikes again you will have hundreds of people piling in and much higher price providing it does spike again...either dead stocks at lows or people chasing huge spikes in this market nothing inbetween atm

[kingalf] 17/10/2023 19:38

We are bound to get a temporary spike sooner or later.
Tradebot summary today
EVG closed down 2.78 percent on Tuesday, October 17, 2023, on 69 percent of normal volume. The bears made the stock sink to a new 52-week low. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation.