Mereo Biopharma Share Discussion Threads

[showmethemoneyhoney01] 16/4/2020 14:55

Now $209,000. Great volume stateside. Currently 50% up

[showmethemoneyhoney01] 16/4/2020 14:52

Over $100,000 traded in 22 minutes in the US on the Nasdaq

[showmethemoneyhoney01] 16/4/2020 14:48

Well something has leaked in the US in their opps there imo. No reason for such a surge. Happy to hold onto these either way with 12 month forecasts in the FT a bit ago at over £6 a share. They have advanced level projects that could individually be worth a fortune.

[dave4545] 16/4/2020 14:41

Massive gap atm between UK and USA prices

We are 10% up compared with 50%+ in Usa.

[leedslad001] 16/4/2020 14:40

1.70 now on decent volume

[master rsi] 16/4/2020 14:37

Gone to $1.65 on the Nasdaq, above the after hours

[master rsi] 16/4/2020 14:19

it seeems it has been marked down over here as the pre market on the Nasdaq was losing some ground, but is recovering from the low of $1.35 to $1.50 now

[dave4545] 16/4/2020 13:28

Good price. 23p yesterday 26p now..10% more to buy but Nasdaq price is still around 30% more to buy

[showmethemoneyhoney01] 16/4/2020 13:24

Got another £2k at 25.7p. Just over 100k in shares now :-)

[showmethemoneyhoney01] 16/4/2020 12:05

Let's see what happens at 2.30 when all market makers are involved the in open Nasdaq market.

[leedslad001] 16/4/2020 11:55

1.60 pre market

[master rsi] 16/4/2020 11:34

FTSE and FTSE 250

The Market finally decided to go better after being all morning level or slightly down with yesterday's close

Must be the DOW's future opening higher

[leedslad001] 16/4/2020 10:22

Good to see 2 way trade like to see selling as well on the way up

[master rsi] 16/4/2020 09:50

The chart below is the Nasdaq closing an then the after hours move Up to $1.60 on closing at $1.12 +1.82%

that means a 44% rise on the after hours rise.

[master rsi] 16/4/2020 09:42

The reason why the buys were offered at 28.50p, is that there was an order to sell 25K @ 27p now that is cleared, any buys will get the stock rolling again.

[showmethemoneyhoney01] 16/4/2020 09:26

After-Hours Volume
29,758
After-Hours High
$1.74 (19:35:59)

[master rsi] 16/4/2020 09:25

TOP RISERS

1 COS Collagen Solutions 1.60p +0.40p 33.30%
2 MPH Mereo Biopharma 28.50p +6.50p 29.55%

[leedslad001] 16/4/2020 09:17

Interest is going to be more focused on these biotech companies

[dave4545] 16/4/2020 09:11

More importantly is why the Nasdaq jumped.

It was not a rouge trade there was loads of trades all the way up so something was leaked ?

[showmethemoneyhoney01] 16/4/2020 09:09

Wonder what the Nasdaq will do later? Not much free float on this share.

[leedslad001] 16/4/2020 09:07

Agree still very cheap 60p my mid term target next 6 months

[showmethemoneyhoney01] 16/4/2020 09:04

After hours on the Nasdaq saw a plus 60% increase. Only half way there atm on AIM. V hard to buy this morning but got a few more as something has leaked imo with the dramatic increase in out of hours trades on the Nasdaq. If nothing leaked, happy to hold as prospects medium term are excellent.

[master rsi] 16/4/2020 08:57

Moving well ahead, and getting level with Nasdaq close yesterday

[dave4545] 16/4/2020 07:49

You see Mph on the nasdaq after the close yesterday Lee ?



Wonder what triggered that

[leedslad001] 15/4/2020 16:34

That's why sell order filled