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CUV, CLINUVEL PHARMACEUTICALS LIMITED
San Diego
post Posted: Mar 12 2020, 10:04 AM
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A letter from the chairman to help calm the nerves. Nothing substantive.


https://www.asx.com.au/asxpdf/20200312/pdf/...zfd9nvp29y0.pdf

 
garthyd
post Posted: Mar 12 2020, 10:01 AM
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In Reply To: Klomp's post @ Mar 12 2020, 09:50 AM

almost gone now.....get ready for the freefall back to single digits. Great. Fuck you world. I'm stubborn as fuck and I'll ride you all the way to the bottom. If anyone thinks they can get my shares you'll have to pry them from from cold dead hands


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garthyd
post Posted: Mar 12 2020, 09:53 AM
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In Reply To: macgyver's post @ Mar 12 2020, 09:38 AM

if they don't cover now during this bear market when will they? You'd have to think the company is going to completely flop and tank to basically zero to not start taking profits......


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Klomp
post Posted: Mar 12 2020, 09:50 AM
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In Reply To: mattho's post @ Mar 12 2020, 09:46 AM

the price is only holding because there was a wall of buying demand at $15. That is being eaten through very quickly, and then there's not much stopping it from heading further south

 
mattho
post Posted: Mar 12 2020, 09:46 AM
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In Reply To: macgyver's post @ Mar 12 2020, 09:38 AM

We are down now 2,4% at XJO and just 1,9% at CUV.
it is a strong sign that CUV is holding his 15 AUD support line.


also someone bought 25k shares right now at 15 AUD. today volume per minute is normally arround 1-2k.
26k shares are left at 15 AUD.

really don't know... i am thinking about to buy in 1000 shares more at 15 AUD... but not sure at all.

 
macgyver
post Posted: Mar 12 2020, 09:38 AM
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In Reply To: garthyd's post @ Mar 12 2020, 09:23 AM

Agreed. Shorts back up 0.21%. I don't think there is such a thing as a support level when this black swan is spreading her wings. Opportunity abounds for those shorts.

If shorts cover from $15 upwards that will be welcome relief. I figure the only reason they would do so would be to take out profits and park in a safe haven lest the market truly dies in the ass.

 

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badass79
post Posted: Mar 12 2020, 09:37 AM
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The various market regulatory agencies need to grow some balls and outright ban securities shorting, stop letting big money run the friggin world. Assholes!



--------------------
Surely you can't be serious?

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mattho
post Posted: Mar 12 2020, 09:33 AM
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In Reply To: garthyd's post @ Mar 12 2020, 09:23 AM

hm... it is really hard to forecast how long this corona mess will go and influence the market price.
one digits looks a bit too pesimistic for me...

currently the 15.00 hold... we had 50% less sell of like on monday on XJO. just -1,99% compared to .4 % on monday at this time..
on monday we was as 5550 points... today at 5620 points...

it looks like thiere will be a short term recovery possible for XJO.
also support at 15.00 looks like holding today...

 
garthyd
post Posted: Mar 12 2020, 09:23 AM
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In Reply To: mattho's post @ Mar 12 2020, 09:18 AM

Doubting it....I reckon we're going to 10-12 with this corona crap extending out for months. I won't be surprised to see single digits. I tell you after 15 years of faith the world is fucking us pretty hard right now. I was looking at retirement before 40......thinking I may never see that now. Committed to another 3 years and nothing to do but wait and see it out.


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mattho
post Posted: Mar 12 2020, 09:18 AM
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could 15.00 be a support level?
51k shares at 15.00 AUD.



 
 


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