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Anyone heard of Sareum Holding PLC

Anyone heard of Sareum Holding PLC? There shares have gone crazy

Comments

  • mr_fishbulb
    mr_fishbulb Posts: 5,224 Forumite
    Part of the Furniture Combo Breaker
    Press Release Yesterday:
    Sareum (AIM: SAR), the specialist cancer drug discovery business, is pleased to announce positive results from its pre-clinical in-vivo efficacy studies into acute myeloid leukaemia (AML), the most common form of adult leukaemia.
  • Reaper
    Reaper Posts: 7,356 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Its not an unusual for such companies. They quickly burn through large sums doing R&D. If it results in a successful drug there can be a huge payback, but all too frequently they fail to overcome all the many hurdles in bringing it to market. Much like all these small oil firms with big payback if they strike oil or sink without trace if they don't.
  • rfowler
    rfowler Posts: 486 Forumite
    Part of the Furniture Combo Breaker
    they had a crazy day yesterday but a little more stable this morning.. will keep moitoring.....
  • rfowler wrote: »
    they had a crazy day yesterday but a little more stable this morning.. will keep moitoring.....
    What are you going to monitor it for?
  • TMoose
    TMoose Posts: 267 Forumite
    What are you going to monitor it for?

    Signs of life? *bip* *bip* *bip* *beeeeep*
  • Geoffo_M
    Geoffo_M Posts: 1,161 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    I made £600 day trading them yesterday, not bad
  • rfowler
    rfowler Posts: 486 Forumite
    Part of the Furniture Combo Breaker
    Oh well done Geoffo M, how did you know when to sell or even buy?
  • rfowler
    rfowler Posts: 486 Forumite
    Part of the Furniture Combo Breaker
    Well they are up again today upto 2.5...

    Anyone still holding?
This discussion has been closed.
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