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Why Biolidics share price significantly dropped
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WL123456
Supreme |
24-Apr-2020 14:51
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I already say they trying their luck. If someone tells trump aytu test kit is made in China, you think he will approve the funding for the test kit?
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WL123456
Supreme |
24-Apr-2020 14:50
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It?s obvious that you long but don?t drag others in. You know I receive so many messages about them being drag in cause of people posting here buy buy and buy because of this and that. Now they are stuck with prices like 0.87 0.85 all the way till 0.7 also have. They keep asking me will the price back and I wish it could but what are the likely good. They are also waiting to sell back to the BB but with trading curb it?s tough. If BB buy from you, who they sell to? How many will touch this again? Better to cut loss and sell on any rebound. Plus the test kit made in China, how to have a future in USA or EU when the anti China sentiment is feverish right now?
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Masterwei
Member |
24-Apr-2020 14:49
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If the kit is useless and Aytu know won?t get approve by trump then why they still make such a large purchase? Hmm
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kuanyong1109
Member |
24-Apr-2020 14:49
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lets see 330pm onwards will it rise big or drop big  | ||||
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kuanyong1109
Member |
24-Apr-2020 14:45
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yes must becareful if not anytime die or songsong dao jurong
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WL123456
Supreme |
24-Apr-2020 14:45
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Yup but eventually this kits will have no future the moment they know it?s from China. The sentiment on the ground is already so bad about the virus being spread from China so any products from China will be rejected outright especially by Trump cause of his American first policy. Anyway first in line of production is Abotts followed by J and J. You think about it, logical? And that?s why I say don?t get too hyped up about it. When the sales disappoint, you know it?s probably due to the China links.
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dollarsense
Veteran |
24-Apr-2020 14:45
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you are right i read somewhere India also rejecting China ones. All inaccurate 
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iinvestor
Veteran |
24-Apr-2020 14:44
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USA and many buy korean kits now.....very accurate tests....China made ones are doomed....
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humbleman
Senior |
24-Apr-2020 14:43
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Yah, so range bound to trade. But not to hold long. 
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Sgvale
Supreme |
24-Apr-2020 14:42
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Development Coming fast & furious.
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kuanyong1109
Member |
24-Apr-2020 14:42
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true but this is a speculative stock let see moday how biolidics react alot of things can happen in the weekend
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humbleman
Senior |
24-Apr-2020 14:40
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Sell when u can. No regrets. Earn less better the don' t earn. Cut loss if not too much. There are many other attractive counters then this. Explosive growth? Dont think so
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WL123456
Supreme |
24-Apr-2020 14:39
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That?s the worst part. The kit is made in China and once the congress knows about this, they will not allow the sale to go through. Some one just needs to tip the congress off and there will be no deal and Trump and the republican hate China. EU will also likely to reject the kit if they know it?s from China even though it?s marketed through a Singapore company.
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kuanyong1109
Member |
24-Apr-2020 14:38
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personally feel the gap up from 0.39 to 0.46 is to lure people in PUMP AND DUMP especially today is friday. best to stay sideline  | ||||
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humbleman
Senior |
24-Apr-2020 14:38
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Maybe positive news to get pple to buy. Again I say, this is serology test. Point of care PCR testing is the way to go. Look at Q and M. I doubt there will be a lot of uptake of biolidics products base on this. its very difficult to interpret and not definitive 
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glann92
Senior |
24-Apr-2020 14:37
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Do you all think there will be any positive news coming? | ||||
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chanbs
Elite |
24-Apr-2020 14:34
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Yes. Agree. On effect of trading curbs
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lovetoshare
Elite |
24-Apr-2020 14:33
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but where is the manufacturing plant? is it made in singapore or made in China or _____
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chanbs
Elite |
24-Apr-2020 14:33
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Appreciate your unselfish sharing. Thanks not vested either. 
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WL123456
Supreme |
24-Apr-2020 14:31
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And Chan, as far as I know and I think you are also experience enough, when there?s a trading curb, price just keep drifting south as each day, existing shareholders just sell down. There is no dividend for this stock and most holders owned the shares below $0.30 so there might be still value for them to sell now.
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