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Posted On: 01/29/2020 10:40:12 AM
Post# of 155130
Re: ClosetInvestor #16146
ClosetInvestor,
My exact words where: "or somebody knows something we don't know", not necessary insiders (but often).
Unfortunately happens very often. Actually I have an scan for "unexplained volume spikes" that does a very reasonable job on detecting stocks that will explode to the upside (I use a number of standard deviations from the norm). Only explanation is that "somebody knows something I don't know. The probability of these created simultaneously by a number of unsuspecting investors is almost null.
You are correct, however his has been the case for few weeks now. The stock broke resistance three days ago and has increased the ascend rate since.
Maybe your explanation of the Corona news is the answer, I don't know, and hope you are right, however my experience is that, more often than not, news/results leak and the volumes increases.
In any case, we are living interesting times in terms of economical results and, finally, vindication of long-held faith in the underlying science.
My exact words where: "or somebody knows something we don't know", not necessary insiders (but often).
Quote:
This is a common belief on the OTC but one that I rarely ever believe and one that often times can be explained by other factors
Unfortunately happens very often. Actually I have an scan for "unexplained volume spikes" that does a very reasonable job on detecting stocks that will explode to the upside (I use a number of standard deviations from the norm). Only explanation is that "somebody knows something I don't know. The probability of these created simultaneously by a number of unsuspecting investors is almost null.
Quote:
it’s public knowledge that we are expecting the BLA to be filed this week and for updates on the 3rd and 4th cancer patients
You are correct, however his has been the case for few weeks now. The stock broke resistance three days ago and has increased the ascend rate since.
Maybe your explanation of the Corona news is the answer, I don't know, and hope you are right, however my experience is that, more often than not, news/results leak and the volumes increases.
In any case, we are living interesting times in terms of economical results and, finally, vindication of long-held faith in the underlying science.
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