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Post by magnus123 on Jun 4, 2020 7:16:00 GMT
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Post by JHam on Jun 4, 2020 18:25:51 GMT
Some heavy volume today with some huge blocks being bought.
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Post by Yelk on Jun 5, 2020 1:57:11 GMT
Quite the sell off into close into $6's. WHat is the hold up here on news? Not looking very pretty!
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Post by JHam on Jun 5, 2020 6:31:20 GMT
Quite the sell off into close into $6's. WHat is the hold up here on news? Not looking very pretty! This is just what happens when anticipated news is delayed. There were some huge blocks being traded and it was still only down 2-3% until the last 10 minutes. Hopefully FDA approval happens soon. If not, this is a fundamentally/financially sound company with a top of the line product. So if I am forced to hold on and even average down later on, I will.
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Post by magnus123 on Jun 5, 2020 15:12:09 GMT
Lost more than 1 Dollar since tuesday. Brutal sell off...
I don't know, if it is wise to add more here
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Post by JHam on Jun 5, 2020 15:19:44 GMT
Lost more than 1 Dollar since tuesday. Brutal sell off... I don't know, if it is wise to add more here Yeah, I didn’t think I’d see the red again with this one. I am hanging tight for now. Not adding, not selling. I think it is more or less traders becoming impatient and watching the coronavirus stock boom starting to fizzle.
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Post by magnus123 on Jun 5, 2020 15:23:54 GMT
Lost more than 1 Dollar since tuesday. Brutal sell off... I don't know, if it is wise to add more here Yeah, I didn’t think I’d see the red again with this one. I am hanging tight for now. Not adding, not selling. I think it is more or less traders becoming impatient and watching the coronavirus stock boom starting to fizzle. Yeah, a lot of money is flowing out of the Covid stocks. The crazy thing is that they would maybe trading at 9 or 10 USD without their antibody test^^ They would participate more in the rally. The stock is a prisoner of it's Corona stock label...
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Post by JHam on Jun 5, 2020 15:33:28 GMT
Yeah, I didn’t think I’d see the red again with this one. I am hanging tight for now. Not adding, not selling. I think it is more or less traders becoming impatient and watching the coronavirus stock boom starting to fizzle. Yeah, a lot of money is flowing out of the Covid stocks. The crazy thing is that they would maybe trading at 9 or 10 USD without their antibody test^^ They would participate more in the rally. The stock is a prisoner of it's Corona stock label... That’s just it. This isn’t really a corona stock. That’s why I’m trying to decide on what I want to do here. It should be higher just based on their core business, but corona has construed everything. I think this stock will start make some noise early next year, but not sure I want to hold it from now until then. Lots of opportunities elsewhere in the interim. Still probably going to hold through FDA announcement. Definitely don’t want to take a loss here after being up 60% at one time.
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Post by magnus123 on Jun 5, 2020 15:38:19 GMT
That’s just it. This isn’t really a corona stock. That’s why I’m trying to decide on what I want to do here. It should be higher just based on their core business, but corona has construed everything. I think this stock will start make some noise early next year, but not sure I want to hold it from now until then. Lots of opportunities elsewhere in the interim. Still probably going to hold through FDA announcement. Definitely don’t want to take a loss here after being up 60% at one time.
I will definitely sell all shares after FDA approval. Then i will look to build a smaller long term position when it has come down again. It makes no sense to hold it after FDA approval.
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Post by JHam on Jun 6, 2020 4:24:11 GMT
Another antibody test approved June 4th just posted late Friday. This one from China, so that should end the rumors that the FDA only wants American tests approved. Just reading up a little bit so far on this company and their test, but if they can get EUA approval I'd be stunned if QTNT can't. Company PR: en.biotests.com.cn/newsitem/278500511FDA summary of the test: www.fda.gov/media/138660/download
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Post by magnus123 on Jun 6, 2020 16:06:39 GMT
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Post by Yelk on Jun 6, 2020 16:36:29 GMT
Ive been trading actively the last few weeks and seen companies get FDA approval for COVID related things and they barley even pop anymore. DO we think it will actually even go? Its less and less every day. Not to be a downer I'm under water too but yeah. Looking at the chart seems like we aare headed for $6 test fast as we broke bullish trend.
On the other hand - this can be an over reaction emotional selling from all the swing people who were in for the news with stop loss (I knew a lot) and people like Roth were spewing info that a PR was imminent so a lot of people bought near $8.
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Post by JHam on Jun 6, 2020 18:10:10 GMT
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Post by JHam on Jun 6, 2020 18:11:03 GMT
You should post that over at ST.
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Post by JHam on Jun 7, 2020 3:18:54 GMT
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Post by JHam on Jun 7, 2020 5:33:16 GMT
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Post by magnus123 on Jun 7, 2020 7:22:29 GMT
Thanks. It's clear now, why Roche is trying to press it's crappy test for $1.50 into the market. And the test shows antibodies very late. 40-50 days after infection is useless. The sad thing is that so many govs have orderes millions of test from Roche without evaluation. The german government ordered millions of Roche test. They were heavily critizised for the lobbyism for the company. Really embarassing for Roche now. Euroimmum is complete crap, but approved by the FDA...
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Post by JHam on Jun 7, 2020 9:20:52 GMT
Thanks. It's clear now, why Roche is trying to press it's crappy test for $1.50 into the market. And the test shows antibodies very late. 40-50 days after infection is useless. The sad thing is that so many govs have orderes millions of test from Roche without evaluation. The german government ordered millions of Roche test. They were heavily critizised for the lobbyism for the company. Really embarassing for Roche now. Euroimmum is complete crap, but approved by the FDA... Great point. They are trying to just give the rest away at this point. These governments should sue or at least try and get refunded from Roche and Abbott. I’m really glad that hVIVO is up and running with their tests. Hopefully they will have enough of their own independent data to verify QTNT’s accuracy claims. If hVIVO is really pleased with MosaiQ then those machines are going to be sold out ASAP.
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Post by magnus123 on Jun 7, 2020 10:23:50 GMT
Well, Walt said at the Jefferies conference that their study results were validated in independend laboratories. Sensivity at 100% with ~100 samples, 70 more then in QTNTs own study. Specificity also validated. This independend validation is very important.
Btw, this validation can only be done with Mosaiq systems, right? That would mean that more laboratories already have the system and using the test.
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Post by JHam on Jun 8, 2020 3:41:58 GMT
I should say, they are on the list to be officially added, as long as they keep the market cap above the threshold through June 26th.
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