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Why Biolidics share price significantly dropped

I ve been watching the share price v closely from 3.30pm.....lady and gentleman I m convinced accumulation in progress....many here empty talk hoping the share price will collapse to 30 cts....it never happen iinstead strong hand buying wor....argur well for next week....now Dow fut reverse course.....I m here speaking as a vested party.....not those mouth traders hoping it go 30 cts to laugh at longists.....to all longists we sink and swim together...I m with you now....WE UNITED!!!...from the 3.30 pm action I m convinced the show will continue next week....njoy our weekend and come back to have our revenge...who care curb no curb...now all stay home.....those wanting to buy property cannot buy....many cash coming stockmarket ..they buy not on leverage.....on top most doctors alot of cash where got need leverage lah..... BIO is the auto choice for traders  now.....it has got a valuable product relevant now.....BB will not let it die....let us all huat together!!! Tell those doomsayers show us the money then talk if not go suck milk haha......together we huat ah next week....Happy trading folks!!!!

 

I guess everyone is cleared out already. Otherwise I expect a bigger drop but it didn?t happen. Maybe BB give face. Or see if BB shorted, could me worst. Let?s see if they will short on Monday.

polarinda      ( Date: 24-Apr-2020 16:52) Posted: no dumping today...surprising..

 

Unless BB absorb all selling, if not upside limited as contra players will sell into strength. Shortist will be like vultures circling above waiting to short it when the selling starts.

ST3-trading      ( Date: 24-Apr-2020 17:12) Posted: Uh.. i still thinking monday can open high

 

Next week rise all the way liao, cheong ah!!!

 

Uh.. i still thinking monday can open high

 

Down 10% already considered a lot lor. Next week down another 10% may go below 400 soon. Monday is T+2, May have more selling in the morning.

polarinda      ( Date: 24-Apr-2020 16:52) Posted: no dumping today...surprising..

 

It suffered from BBs pump and dump syndrome, to surge with 3-4 days from 32 to 88 is just absurd lah. Currently trading more respectfully lah, with the watchful eye of the regulator.
Would be good if it can stabilise at 45-60 for some weeks, by whcih time more announcements would be made regarding its sales in the other approved countries.
Whatever way we look at it, Rapid test kits is the way to go for mass testing. Enormous market for the successful test kits, hopefully Biolidics could be one of them.

newbieliu      ( Date: 24-Apr-2020 16:37) Posted: The more I read from ST. I thought the company seems credible with approval by our HSA and Philipines FDA for sale. The accreditation by multiple sources should be taken into credit that their sale viability . Mmmm vested but at the moment it takes some time for more to confirm its validity for higher price like Medtecs also dropped back after running to 204 cents then back to 80-90 then back to 148 lately under speculation.  Sgvale      ( Date: 24-Apr-2020 16:28) Posted: Government related. Will support. Biolidics will give discount for bulk purchase la. 1) Received approval for the test kits from Singapore's Health Sciences Authority and the Food and Drug Administration of the Philippines. 2) Singapore Enterprise A GOVERMENT AGENCY holds a 10% stake.

 

no dumping today...surprising..

 

Yes GOVT got approve,   

Local enteprise got big potential to break into overseas BIG market, and make a good name for singapore,
should be a good thing right ?

Its a known fact that sg market is so small and competitive.   
 
SG GOVT want local sg business to do well overseas because overseas market is so much bigger, and now the breakthrough has come for biolidics.   

 

Sgvale      ( Date: 24-Apr-2020 16:39) Posted: Of course credible . Government authority accredition can anyhow announce one meh? Don't play play. newbieliu      ( Date: 24-Apr-2020 16:37) Posted: The more I read from ST. I thought the company seems credible with approval by our HSA and Philipines FDA for sale. The accreditation by multiple sources should be taken into credit that their sale viability . Mmmm vested but at the moment it takes some time for more to confirm its validity for higher price like Medtecs also dropped back after running to 204 cents then back to 80-90 then back to 148 lately under speculation.

 

Hello, I contacted my brokerage and he told me everyone WFH.. no access to system. I got free shares to sell to SGX also cant sell now.. you have a way?

SmallSmall      ( Date: 24-Apr-2020 16:05) Posted: Total available 1,430,600 in the buying in market @ $0.505.  No want selling to buying in market @ $0.505? SmallSmall      ( Date: 24-Apr-2020 16:03) Posted: Buying in now @ $0.505. Who has free balance can sell

 

@BULLSHITJesmar, where is the today 3.30pm show, it' s another 24 minutes to close, your BULLSHIT SHOW where?   Lollllll

 

Of course credible . Government authority accredition can anyhow announce one meh? Don't play play.

newbieliu      ( Date: 24-Apr-2020 16:37) Posted: The more I read from ST. I thought the company seems credible with approval by our HSA and Philipines FDA for sale. The accreditation by multiple sources should be taken into credit that their sale viability . Mmmm vested but at the moment it takes some time for more to confirm its validity for higher price like Medtecs also dropped back after running to 204 cents then back to 80-90 then back to 148 lately under speculation.  Sgvale      ( Date: 24-Apr-2020 16:28) Posted: Government related. Will support. Biolidics will give discount for bulk purchase la. 1) Received approval for the test kits from Singapore's Health Sciences Authority and the Food and Drug Administration of the Philippines. 2) Singapore Enterprise A GOVERMENT AGENCY holds a 10% stake.

 

U see the price action today u already know it will be back up next week to > 50

yesterday people dumped becos they dunno how to react.

newbieliu      ( Date: 24-Apr-2020 16:37) Posted: The more I read from ST. I thought the company seems credible with approval by our HSA and Philipines FDA for sale. The accreditation by multiple sources should be taken into credit that their sale viability . Mmmm vested but at the moment it takes some time for more to confirm its validity for higher price like Medtecs also dropped back after running to 204 cents then back to 80-90 then back to 148 lately under speculation.  Sgvale      ( Date: 24-Apr-2020 16:28) Posted: Government related. Will support. Biolidics will give discount for bulk purchase la. 1) Received approval for the test kits from Singapore's Health Sciences Authority and the Food and Drug Administration of the Philippines. 2) Singapore Enterprise A GOVERMENT AGENCY holds a 10% stake.

 

The more I read from ST. I thought the company seems credible with approval by our HSA and Philipines FDA for sale. The accreditation by multiple sources should be taken into credit that their sale viability . Mmmm vested but at the moment it takes some time for more to confirm its validity for higher price like Medtecs also dropped back after running to 204 cents then back to 80-90 then back to 148 lately under speculation. 

Sgvale      ( Date: 24-Apr-2020 16:28) Posted: Government related. Will support. Biolidics will give discount for bulk purchase la. 1) Received approval for the test kits from Singapore's Health Sciences Authority and the Food and Drug Administration of the Philippines. 2) Singapore Enterprise A GOVERMENT AGENCY holds a 10% stake. AhLiang      ( Date: 24-Apr-2020 16:23) Posted: Entire population? How they test? I scared of pain type

 

next tues another round of FS

Sgvale      ( Date: 24-Apr-2020 16:34) Posted: Yesterday hum ba lang sold off already lo.. Still hv got left to force sales meh? polarinda      ( Date: 24-Apr-2020 16:32) Posted: who said yesterday got T+4 forced sale?

 

Yesterday hum ba lang sold off already lo.. Still hv got left to force sales meh?

polarinda      ( Date: 24-Apr-2020 16:32) Posted: who said yesterday got T+4 forced sale?

 

who said yesterday got T+4 forced sale?

 

 

Suppressed by short sellers. Once gone, My toes coming & bounce up !

Innocent      ( Date: 24-Apr-2020 16:28) Posted: Coming? my toes & my kids all laughing!   Lolllll Sgvale      ( Date: 24-Apr-2020 16:23) Posted: Coming !!!

 

Probably just matching the governor and the South Korean company.
Not sure if this is what happened here, but sometimes, in this kind of thing, govt side cannot directly deal with a private company from another country, so they need to appoint another local company to coordinate.
But my takeway from this is that Aytu has not insignificant political muscle, at least in Colorado.
 

john76      ( Date: 24-Apr-2020 16:23) Posted: --- Post Removed by User ---

 

Government related. Will support. Biolidics will give discount for bulk purchase la.

1) Received approval for the test kits from Singapore's Health Sciences Authority and the Food and Drug Administration of the Philippines.

2) Singapore Enterprise A GOVERMENT AGENCY holds a 10% stake.

AhLiang      ( Date: 24-Apr-2020 16:23) Posted: Entire population? How they test? I scared of pain type. Sgvale      ( Date: 24-Apr-2020 15:58) Posted: Singapore is looking to pivot to a more aggressive coronavirus response strategy that involves mass testing for its population of 5.7 million people as cases in the city-state jumped more than ten-fold this month to cross 11,000. The country hopes to be able to ?progressively reopen? its economy in about a month?s time, with ?much more testings for the entire population and at the same time to take on? additional safe distancing measures, Minister for Trade and Industry Chan Chun Sing said Thursday in an interview with Bloomberg TV?s Haslinda Amin.