Sourced from marcus today newsletter
VCR (272c….down 9c this morning) – Ventracor – FINE TUNING –
Ventracor put out another announcement yesterday updating us on the
two patients they have implanted with their VentrAssist device. They have upgraded the condition of the second
patient to ‘stable’. This must be the Biotech equivalent of a credit rating upgrade and highlights for just what this
stock is all about. Brutally speaking if either of these patients ‘pop their clogs’ the Ventracor share price is going to
fall over. The company are so aware of this they are now making public announcements which fine tunes the
adjective currently applicable to their conditions.
The importance of this is not so much for those portfolio investors who are
taking a measured bet on Ventracor as a small part of their portfolio mix, but
to the day traders. Day traders own this stock…..in the last two months since
it took off the top five brokers by volume are all on line brokers. It is only with
the recent 15m share placement that some small number of institutions came
on board but it is negligible…..
you can get in the top 20 shareholders in this
stock with just 495,000 shares.
So to you traders….especially those punting
50,000 shares intraday without the money to pay for them….watch out….
Don’t be complacent because it hasn’t happened yet. This stock dropped from 381c to 245c in an hour
recently….it can happen again.
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