Lol, gidday Snap. Care to enlighten us what a pessimists investment looks like.
Most airlines will advise that a good time to get on board is before takeoff.
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That would be great advise Miner,if this was an airline but,unlike the Airline ,you can jump on board after it takes off.
Im not down ramping--there are a number of ways to invest.
Another option if your keen on staying in to take advantage of an upswing if sales are good-is to keep a close eye on when the report comes out--If it turns out to be not good ,you can then sell fast to avoid most of the drop(kind of like the opposite of jumping on after, if its a good result.)---Im picking it will not rocket (like the good ole days) if sales are good-but will increase in a more controlled manner-The market has changed IMO from those days
That's right about being able to jump in/out early (like right after news) before the others move the price to where it "should be" skid, esp with this stock that hardly gets traded, relatively speaking.
Well snapiti you were right about the disappointing number of tests ~6 months ago so I guess you'll be right this time too. Last time you were saying fewer than 1,000 tests, which was probably about how many they sold (526k trading revenue... wasn't it? What do the tests go for in NZ (where most would be sold)) maybe a bit more than 1000, not sure. Anyway... do you have an idea of revenue/tests this time around?
This is what the market is looking for too, I think it was mentioned in the Edison report (something along the lines of the share price moving considerably if good sales proof comes).
When is this report due? Because I recall seeing both November and December!
Agree with that, there is a more controlled response these days, good news of either unknown quantity or long term effects provides either a slight jump or stability whereas before it was all over the place. However the longer we go on without any news at all until either confirmation of CMS or a substantial sales effort comes to light the more the upswing will be when it does arrive. Bound to be a few surprises with this one.
Hope it doesnt burst a tyre on takeoff.:)
A preliminary report will be out late November to be followed by the actual full Half Year report late December.
However, as Mac and others have pointed out we shouldnt be expecting much of an increase, its still too early. The big advantage is we will have 3 figures to show the expotential curve at last.
Personally I would be enraptured with 3300 to end of Sept.
This is based on the Independant Minerbarejet Pseudofibonacci Expotential Curve Calibration Analysis Breakdown Laterally Extended
Otherwise known as IMPECCABLE
Merry Christmas:)
which begs the question--which would gather more momentum-an upswing(good news) or a downswing (not good news) guess market sentiment will be a factor as well.
If memory serves -the information last time came at a slightly different time than we were expecting it by a few days.
It would be helpful to know the exact reporting date to be prepared.
(managed to complete an entire post without referring to an airline--whoops):)
Miner ,dont you sleep? or are you in OZ:)
Dont you have the new app that sounds an alarm and flashes red lights ,the minute an announcement comes out from PEB:):)
It does seem weird though as alot of companies have an established reporting date.