RE: Monday SP21 Feb 2021 10:14
There will definitely be a big price spike, some new investors are going to get caught out, but we will still finish much higher on the day.
This news is very different than any RNS.
Investors follow certain stocks, certain sectors etc.
If there was news in the papers about the latest drug for cancer or even some great new technology it just wouldn’t registrar on the radar of the people who don’t already follow and invest in those sectors.
Covid is on everyone’s radar and even if they haven’t invested in Covid stock before they will now.
This will be a awash with new investor money tomorrow, the price will finish much higher tomorrow, the question is how high is the spike and what does it fall back to, probably will settle at half of the gain of the peak.