Australia's largest stock trading and investment forum Australia's #1 stock forum

CUV

Click for more information

0.31%

$14.57 clinuvel pharmaceuticals limited

OK thank you for getting back anyway, CUV unfortunately and many...

First 14 Last

Share
Profile

Follow
ironbark222

5,978 Posts.

166

16/08/24

16:37

Post #: 75242951
Share

Originally posted by TheAnalyst007: ↑

Novo Nordisk, a stock that is similar to Clinuvel in that it to has developed a drug that has become incredibly popular within the consumer market, has had shorters gambling on a decline for years. Consistently around half a billion dollars has been shorted, and more recently that has increased. Yet the share price of that company has continued to climb.

NVIDIA shorters have continued to add (and lose in the process). They don't seem to get it either, driven by gambler's instinct.

I could make a very long list, but I have better things to do. The thing is, they are so often wrong especially when they try and target those companies that are fundamentally sound and printing cash. They are not smart, they don't know the future, they are gambling on terrible odds. Clinuvel is simply another pokie machine for them to gamble their money away at. Hence, once again, none of the most successful investors utilise this strategy (if you can even call it a strategy)

Expand

OK thank you for getting back anyway, CUV unfortunately and many others do not have that success. We need a Billionaire.

CUV Price at posting: $14.00 Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

FRB

Firebird achieves preliminary approvals for its Jinshi plant design

RCE

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

PDN

Canada orders national security review over CGN's 11.26% opposition to Paladin-Fission deal

There are more pages in this discussion • 5 more messages in this thread...

First 14 Last

Add CUV (ASX) to my watchlist

(20min delay)
Last $14.57		Change 0.045(0.31%)		Mkt cap ! $727.1M

Open	High	Low	Value	Volume
$14.57	$14.69	$14.52	$83.57K	5.735K

Buyers (Bids)

No.	Vol.	Price($)
5	320	$14.52

Sellers (Offers)

Price($)	Vol.	No.
$14.61	35	1

View Market Depth

No.	Vol.	Price($)
4	30	15.240
4	30	15.000
2	66	14.870
1	21	14.770
1	11	14.750

Price($)	Vol.	No.
13.800	22	1
14.270	35	3
14.530	100	1
14.570	520	1
14.620	708	1

Last trade - 10.07am 02/10/2024 (20 minute delay)

CUV (ASX) Chart

SPONSORED BY