RE: Relentless Buying.3 Dec 2021 16:09
Need to remember shorts are all over this at the minute which i find fascinating and pretty stupid considering where the world currently is with covid and testing. They may very well be relying on negative Dispute outcome, however already priced in.
The huge benefit is that all these shares need to be purchased back thus driving the price higher.. I think they truly believed we would be back around the 250's by now like our little friend DEOs but buying pressure has maintained and overtaken sells.
Anyone well researched and who knows the company well understands the amount of news flow due, question is when will it hit the market?
I've seen shorts burnt a few times in NCYT and if a half decent RNS lands Monday it will happen again, also many will be locked out forced to buy higher..