RE: Occam's razor14 Sep 2022 07:37
Morning crumbs, good to see you back in the early morning slot and to hear your average has been broken all those crumb size bites do indeed add up. The last I remember was before Redmile we had both reached a 250k holding simply by buying what we could when funds became available.
It is funny you posting this morning, my usual 12/15 hour sleep was disturbed last night down to zero, with this 3 day rise very much at the fore of my mind. Have we ever risen like this in that time? If we have it is buried deep in my memory. As you say it is not RNS driven, nor particularly volume driven or by trade numbers, but we have seen a steady 6% rise a day since Friday morning after having seen the bid fall to 10.50 and WTP was right it has seemed like the MMs have steadily marked us up throughout.
It often seemed that tumours dissolving within days had the adverse effect of marking us down, but we have risen 23% without news and it is reasonable to think that just maybe we are seeing signs that moditope in humans is what it did in mice . As crumbs says there is no clear evidence this is behind the rise, but for once looking forward to the market opening again.