it certainly has broken away from the bio index as that is falling off a cliff, but if you look at the ftse, and the timing of the spike you can see the correlation, nothing is easy, holding or trading, but holding is much simpler. we are in oversold territory, but so is the bio ETF, so the ftse looks to be the driving factor today, which is not always the case, however the ftse still looks bearish to me. we only have a month or so to wait for the LGS data, which could keep us buoyant, but you never know with this stock as it really is volatile
Up 4.06% back to 455p which is still a less than I was hoping for. Will continue to hold.
Funny old share really, bounces around a lot. If you knew the right time it was going to turn would be quite easy to make a fair bit of cash trading it whilst it bounces around the £4something to just over a fiver mark.....
Easier (and safer) just to hold did she goes North properly though. Hope she can tick-up 17.75p every day next week too......
Gaining stateside, and this posted on US board . . .This study should be coming to an end soon, good be very exciting A Study of GWP42004 as Add on to Metformin in the Treatment of Participants With Type 2 Diabetes... CLINICALTRIALS.GOV
hard to say, cos it could just be filling the gap, looks to be heading back down, yesterday on cnbc some of the traders were saying a small rally was due today, hence the reason the usa markets are up a bit, but they were only jumping in for a quick trade, which is why i think the markets will make another downward move either tomorrow, or more likely next week. i dont for one minute think we will head really low, at worst its poss we test 394, but as always its just my opinion, and i could be wrong, no harm in stating it though ;)
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