That 'Stairway to Heaven' chart pattern in the las
Post# of 148158
At that time, many of us looked at the price and volume and concluded that either institutional money was onboarding -- or someone "knew something".
I think we can now safely dismiss the theory that anyone "knew something", as recent events support the thesis that no one could have known anything during that time frame. No unblinding had taken place, and no DSMC intervention.
So, that could mean institutional money, which I guess is still possible, because many funds (especially hedge funds) are not necessarily bound by mandates that prevent investments in OTC-listed stocks ...
Or, we're talking about retail investors, which is kind of hard to believe especially because that transition to the run-up was akin to turning on a switch. Hard to imagine a massive army of retail investors just showing up one day and engaging in a feeding frenzy.
I mention this only because on or about this Friday, the P2 M/M trial becomes unblinded. Of course, the data still needs to be analysed, which I imagine will take some time. But it is in those days after the unblinding that there is a potential for someone actually "knowing something", although I'm sure there are standards and practices in place that attempt to control abuses.
Anyway, it begs the question as to whether or not we will be able to distinguish the activity of the feeding frenzy that we've already seen -- from possible activity relating to a group that actually "knows something".
I'm guessing we will not be able to tell the difference, but it will probably be an exciting ride. I do hope the ride ends with trial data that supports the price at that time.