RE: My 2 pence worth...29 Nov 2021 18:28
Hi Sharebel, I appreciate your point of view, but in my opinion, the whole market is once again faced with uncertainty and the one thing the market hates is uncertainty!
The growth right now is coming from the Covid stocks (both NCYT and GDR have bagged since the new variant has come out).
For this reason, people will sell other stocks and put the money where they see growth - and right now its GDR!
Not sounding condescending, it actually is irrelevant if GDR produce or even sell any tests short term, it’s the movement of money which is driving this rise.
But as mentioned previously, we have a short window - 1-2 weeks of uncertainty to really capitalise on this before the new variant is either watered down or not considered a real threat.