RE: Current situation14 Feb 2022 14:27
It should also be born in mind that each of these daily SP drops is accompanied by LOW volume. I believe what is happening is that there are many retail investors who, unusually for AIM, are sitting on profits here with averages well below even the current price. It’s normal human psychology that when you have a profit and you see it being chipped away eventually you might cave in and decide to take it. This hasn’t been helped by the fact that technically after a long uptrend this has fallen into a downtrend.
Nothing else has changed. There is no leak. No one ‘knows anything’.
It’s just mainly the two reasons I’ve given above plus people run out of patience.
So this becomes a bigger and bigger opportunity to get in now at cheaper prices which will make the subsequent multi bagging even more profitable when they finally get FDA approval for Parsortix.
If you’re a holder that’s all you need, patience.