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FER - Fermiscan Limited

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to be honest
i have no idea what is going on
i sold out 2 days ago .... got in at 61c... so i had a very nice gain and that's all i want but i believe in this company as well
i could see in the chart that it was stuggeling to go beyond 1.15 so i sold (1.06) to get in a little lower
but the hole chart has gone black to me
the sellers are not selling but have a good depth
and the buyers are not buying in fact they are redrawn behind 80c
with a very low volume???????????

now before i sold i had a chat with Greg West Chief Financial Officer & Company Secretary
he had a lot to tell but all know information
he didn't know about any ann to be release as he was saying that the trails are still going
i asked the question: are trails going well with a possive outcome?
he's respons was that he didn't know because the tests and the annalysing happens in amerika but he added that it was hard because of the treaded hairs, people are saying that they didn't do anything with their hair but than later it 's seems that they did anyway.


so my opinion; this company has a very advanced technic to test for breast cancer but it has 2 risks
one is the treaded hair factor... will they be able to find a solution to identify the hair correctly, i think they are having a hard ime with this one
as there is so far no ann that says
YES ureaka we can test all the hairs , traeded or not traeded by using....lalalala
and 2
is the use of the Synchrotron
a very rare and expensive tool that create a beam to give a very detailed vision of the hair structure
now the synchrotron in melbourne as mr. West was saying has a different beam than they need
so he sad it will be for an other few year till they can use the one in melbourne
he added that that is not realy a problem as they send the hair samples over to amerika very cheaply as it is only hair ....
true; so that is partly solved


... so we wait and see


cheers
and all the best
 

If treated hair is the main issue, I wonder if they should be using pubic hair exclusively, as I imagine there is less chance of this being treated (ie dyes etc), though I am no expert in this area (so to speak)
 
someone is trying to get the price down by putting a sell order of 50000
and that redrawing it; anyway looks like fer is not going anywhere
very happy that people not reacting on this manipulator....
it will probebly sit on the dollar till we here the validation results

about the pubic hair ,livid.... i ve read that somewhere but can't find it back
do you know where you did see it?, i like to read that again,

cheers
 
drasicjazz said:
anyway looks like fer is not going anywhere
very happy that people not reacting on this manipulator....
it will probebly sit on the dollar till we here the validation results
Click to expand...

yeah it looks quite stable around the dollar mark. i was toying with selling and taking profits today but have decided to wait it out until results; whenever that may be.

i couldn't find any news of late on google or the like
from what you posted previously even the man in the company doesn't seem to know.
 
drasicjazz said:
about the pubic hair ,livid.... i ve read that somewhere but can't find it back
do you know where you did see it?, i like to read that again,

cheers
Click to expand...

Im pretty sure it was posted on the fermi web site in the section regarding the scientific technique. I am not sure if the shorter length of pubic hair introduces some technical difficulties that preclude it from being used routinely, and only being used in cases where hair treatment has occured.
 
Guys,

For the record, Fermiscan IS NOT trying to find a way to do the test on treated hair. They are (were) trying to find a way of disqualifying it from the test and asking the person to submit another hair sample in 6 weeks time (that is the time it takes to get decent enough regrowth).

An analogy is if, with mammograms; They filter out people who are under 40 by checking their drivers license or Medicare details.

So just remember that fact...they aren't trying to detect cancer in treated hair. Anyway, in their announcement (on 30/8/2007) they did say that they are now screening all hair using fluorescence microscopy. So at least dyed hair is not an issue.
 
Does anyone think the current drop in SP purely the US factor or are holders getting impatient for announcememnts?
 
V. interesting. The market is down 118 yet Fermiscan is up some 20%
Does anyone know something that I don't....not complaining tho.
 
You beauty, bought in at 78 cents, sold at $1.04, bought back in last week at 80 cents, go baby go!
 
Nice work there!
What size parcel of shares do you normally operate with on a stock like this one?
 
normally i do buy/sell in 4-5000 lots
and try to keep about 20000 in there in case the result are as good as we are hoping they will be

to me the movement of this stock is just random,
i think a lot of people are wathing this one and any movement is triggerd buy a sell and buy micro wave
and beeing a very thight stock
big movent on no volume are not unusual

cheers

to me nothing is different than yesterday

but we could see more volume tomorrow

cheers
 
Do any of you fellow fermiscan holders have an opinion regarding resonance health (rht). They have a proven test for measuring iron overload non-invasively, and I believe already have government re-imbursement of some form in WA. Although this probably isnt as lucrative as fermiscans test for breast cancer, I am a bit surprised at the difference in market sentiment for the two stocks, especially as fermiscans technique is not yet proven. The last twelve months for rht has seen many positive announcements not reflected in their share price, yet fermiscan seems to jump around on ?speculation
 
nice breakout for fer today
has been running very consistent for the past two months
see chart

cheers to all the holders
 

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Yes, so glad to see something moving up when the market is getting thrashed. I have a lot of these......buy price this time around $1.80 (traded a few times on the up graph from 60c onwards). We are all still wondering when these results are coming through....... I've emailed the Company but no indication given as to when. I guess most of us are hanging in there, and I see a substancial holder increasing a while back which is good.
 
News through this morning of 800 tests done out of 2000 (1200 sampled with 400 awaiting results). Results look more accurate than mammogramme from my unscientific brain (would copy results but don't know how - perhaps someone else could). Looking for rollout H1 08 (was to be mid 07 and the sp shows everyone getting bored waiting). Hopefully we will reap rewards next year for investors!
 
The market apparently isn't pleased and doesn't look too happy with those figures as FER has plunged 18% down to 94 cents.
 
i did like to see a beter tested number than this 800...
but again the result are what matters here and the sell of well
a little bit of dissapointment is good value in my book
i m gonna pick up some and just wait a bit longer
what's half a year
this stock is not influenced by the globle maket ..are; not much that is
so my a gues is that people who bought in for the fermiscan result reasons will not sell
the people how were here for the fast buck will sell

and with a tight stock like this well it can easelly swing in the ten % up are down

the only thing i m not happy about is the stock comp

looks like i m not gonna be on top of the list today


we'll get there ... on day
 
shaunm said:
The market apparently isn't pleased and doesn't look too happy with those figures as FER has plunged 18% down to 94 cents.
Click to expand...

I think the market is bored waiting for the 2000 results to come through. All results were initially planned on being done by mid 07, but is going to be next year H1 before they finish. The delay is causing some people to leave.
 
Sorry, have reread the announcement and it is better than I first thought. Over 1500 samples (out of 2000) have been taken and of those 808 have been analysed (my previous post was 1200 samples). So only 500 to go. Mgt says "high degree of accuracy" in this announcement. (ie better than mammogram). Confident of commercialisation in 2008 based on results of samples to date. Market thought that all would be in by now (as I did). Only 500 to go...... They are also hoping to eliminate the need for most biopsy's by using fermiscan which is more accurate. Also shows positives when mammograms show -ve due to earlier detection with fermiscan (this is certainly a plus). Pubic hair can not be used for testing as noted. Those with more scientific brains I encourage to comment....
 
after close ann
looks like the japanese commercial feasibility study is compete
and it is a go ahead with some encouraging number from a start of 0.5 milj test/ year in 2010 up to 2.9 milj in 2015 and that i only japan....

sure people have to start see beyond the start up problems/delay fermiscan had; at this stage they have already proven that the technique is more accurate, early detection is possible, all ages, no radiation,
and is new ... what means is that there is still room for optimising and tweaking

you could call me a believer but apart from the initial test/trail problems
there is a lot of upsite with this mob
if you can have the patience ....


DYOR
 
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