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789 days ago

Avacta – a chance to double up on the short

Small stake-building by a French Covid tester in Novacyt (NCYT) saw its shares surge yesterday and that prompted jumps across the sector. Over in Bulletin Board Moron land the talk was of merger mania sweeping the sector. I hate to disillusion you guys …

826 days ago

Avacta: a double disaster, shares slump but, even so, now in my top 5 Covid testing sells

Oh dear. How sad. Never Mind. The Covid testing bubble is bursting and an admission this morning from Avacta (AVCT) is even more of a disaster than a 27% share price slump suggests. This collapse is only just beginning and will spread across the sector, so completely vindicating we cynics of stocks such as Abingdon (ABDX), Omega Diagnostics (ODX) and others. As a bear, preparing to crack out a celebratory ouzo, Let me explain.

1164 days ago

Flying to Heathrow from Portugal can now be a more serious crime than many rapes says Matt Hancock

The Government’s latest covid travel restrictions are non-sensical,smash the young and the poor disproportionately and the penalties for flouting them are offensive. Matt Hancock, you are a disgrace.