.......yep US investors will only just becoming aware of this story now. They will be well understand the market potential of an "approved" product like Cx Badder and price it accordingly.
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.......yep US investors will only just becoming aware of this story now. They will be well understand the market potential of an "approved" product like Cx Badder and price it accordingly.
Thanks for your advice people...appreciate your input, ;)
As someone who watched the 1980s sharemarket fraud, enjoying this , think it also comes down to gut feeling, bought CHA so so cheap because after drinking the Au spew in OZ it was a winner, also FPH their sleep products feedback was excellent , EBO people now love their pets, PEB after chats to males their reaction to costings $500.00 a test...cheap, compared to alternative.. always read up this forum here before I purchase....Best wishes for all on PEB today...
Yes first trade at 160c
Hmmm...gawd i suck at investing, give me trading its much easier on the nerves, get in do the business and get out...reminds me of something else ;)
I don't want to make anyone upset here, but aren't good biotech companies often the target of takeovers?
Regarding the capital raising, I wouldn't view it that they are all of a sudden wanting to fast track things. They have simply realised that they don't have enough money to keep operating until they become profitable. They were always cutting it fine with the amount they had and it looks like the US push is costing them slightly more than expected. The have achieved an incredible amount with the money they have had however. And those who think it is essentially 'free shares', they are not.
I sold off all of my holding in PEB throughout the morning yesterday for several reasons:
1) The share price has gone too far, too soon. Yes, this company looks set to be very big, but that doesn't mean that valuations can be thrown out the window.
2) Irrational exuberance - you only have to read this forum to realise that this has set in. Statements that it has completely de-risked and is a sure thing ring warning bells. Reminds me of DIL before the SP collapse.
3) PEB was by far my largest holding. The amount I have made in the last week has been quite unbelievable for me. This can cloud judgement, so I find the best way to make rational decisions is to take all my money off the table then reassess the situation from there. I can easily buy back in, but I can't sell at a high price if I continued holding due to emotion.
From my amateur technical perspective, the very large Doji Star yesterday rings alarm bells for caution. At a guess I would say that the opening gap will close and it will finish the day at around $1.40 or so. If it doesn't set a higher high then that is also a sign that it is losing steam (for the short term).
I love this company, but this is still a very risky investment. I am looking to buy back in at around the $1 mark. If it continues going up, I really don't mind as I don't want to be too greedy and I'd be genuinely happy to see the people that have been holding for years to be truly rewarded (Hancocks, STC). I will be able to be more contrarian now to add some balance - but I will keep you fully disclosed if I begin holding PEB again so that you can take my postings in context.
True, but I would have thought the worst case scenario here is that we lose the potential but have still made substantial gains on initial investment. It would be a shame for them to disappear at $2 or something but I would still have quadrupled my money. Not a bad way to lose?