Good day, Have been thinking what prompted the
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Posted On: 12/08/2023 8:12:42 AM
Good day,
Have been thinking what prompted the SP increase in the last few days ...
There was a bullish sentiment on from Nov 30. My working theory is that J.L. talk sparkled interest on investors both, inside and outside Paulson.
And they know that we are on hold, and they know some more about future plans and the likelihood (and timeframe) of the former being lifted.
In summary: likely folks with more information than the one we have been investing in CYDY.
It was a good run and tells us how quick and easily the SP can move, a total of 27'212.521 shares were traded (from 11/30) for a S.P. appreciation of 99.1% (as of close of yesterday), technically speaking this represents a large "ease of movement". Or, in another words, not many people were selling on the upswing, until yesterday at around 11:0 A.M.
So, we have new (firmer) players, and we can expect a very vigorous price reaction when we have the new catalyzers (hold lifted likely the first one) ... in the meantime the SP will likely retreat (hope not) and give those who missed the last departure the opportunity to load up.
Have been thinking what prompted the SP increase in the last few days ...
There was a bullish sentiment on from Nov 30. My working theory is that J.L. talk sparkled interest on investors both, inside and outside Paulson.
And they know that we are on hold, and they know some more about future plans and the likelihood (and timeframe) of the former being lifted.
In summary: likely folks with more information than the one we have been investing in CYDY.
It was a good run and tells us how quick and easily the SP can move, a total of 27'212.521 shares were traded (from 11/30) for a S.P. appreciation of 99.1% (as of close of yesterday), technically speaking this represents a large "ease of movement". Or, in another words, not many people were selling on the upswing, until yesterday at around 11:0 A.M.
So, we have new (firmer) players, and we can expect a very vigorous price reaction when we have the new catalyzers (hold lifted likely the first one) ... in the meantime the SP will likely retreat (hope not) and give those who missed the last departure the opportunity to load up.
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