RE: My View6 May 2020 01:19
I think it’ll drop a fair bit in the morning. Remember one thing, it was up around 300p and that RNS made it tank in the space of a few minutes.
The RNS wasn’t the cause of the tank, the pump and dump was the major factor. There is no way people read the RNS amidst all the joy of the increase, digested it, and sold in the space of a few minutes.
Tomorrow you will see the real impact of the RNS from tonight now that it’s clear what’s going on.
One thing is obvious, the company directors don’t want to lose out when the CE rating comes. And they must be expecting a huge rise.
Whilst nothing is a given, look to see what happens tomorrow up to 9:30am, it will drop as all pharmas with pump and dump sellers exit by then, load up on the low and hold your nerve for 2 weeks. If you get in on a low, the volatility which will follow won’t be as scary. Even if the price goes up people will dump the following day then troll for a cheaper buy in. Unfortunately this is the world we live in. Even the directors of GDR are at it.