The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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agree apple apart from pump. I think you will find that may have been going on since friday -
This spike was a herd-driven surge. (I don't think you can call it a 'Pump and Dump' when no-one was actually talking the stock up - but perhaps that is just semantics). These surges occur mostly because there are currently many disillusioned AIM stock investor/traders who have given up sticking with stocks and are rainbow-chasing sequentially through them, and especially through the zeitgeist Covid stocks at the moment. Of course it is not a coincidence that as one stock rises and then drops back another stock then rises and so on. Stock-specific news is not a pre-requisite when a stock has already fallen massively and is probably substantially under-valued like this one. On this occasion much of the hot money will almost certainly have come from the preceding Genedrive rise (and previously Avacta gained temporarily at Novacyt's expense etc, etc) . Some of the surge rise is likely to stick in each case, so there is some gain for the long-suffering loyal investors, but these spikes are still a hazard for any unwary investors who top-up into the rise rather than before-hand.
"Either:
1. Placing
2. Pump and dump"
Well Colin cant get any lower in the poles so pushing a placing through now wouldn't affect his popularity any !
2. Rare-Groove (same as gdr). Don't want anymore placings please abdx was enough. and cora and ggp and copl. So much for being a lth (aka mug). GLA, Dan
Either:
1. Placing
2. Pump and dump
dragon - i have been wondering if it is the same money. strange how just as ncyt collasped today - and lets face it they have PCR! CDTA approval- ODX rocketed..
now odx giving up gains and ncyt on the up...lol
What's happened?
I go away from my SharePad screen at 21p for a dentist appointment, only to get back and find the SP has moved considerably when it was on the down.
Any ideas?
Please give us a clue. It seems this past few weeks that ODX, GDR , NYCT & AVCT have been taking turns surging and then collapsing. Such is the volatility of the market during Covid times.
Something is coming