RE: BBC Morning News2 Jun 2023 11:02
I study the movements of nanocaps biotechs in the nasdaq as a hobby, I see stocks like this in the nasdaq jump 300% in a couple of hours, with trades totalling say $70-$100 MILLION, why ? either the short interest squeeze, meme stock, wall street bets, problem is with US nanocap biotech stocks is premarket trading and after hours trading as most buyers get in before opening hours and then sell up afterhours, many times have I seen a stock like this go up 300% in 2 hours then after hours it collapse 50%.
could it happen here on AIM i dont know, it needs a huge catalysts, huge amount of buys, massive short squeeze, very low free float of shares, wall street bets getting involved, meme stock etc.