January 9, 2012

Surge and Fade?

Germane, topical post by Monsieur Dinde:

The share price recently has gone near-vertical, but history would suggest (as Señor Guajolote write) peaks and valleys around anticipation of clinical trial results and capital raises. Akin to: buy the rumor, sell the fact. A sampling below:

Average daily trading volume typically measures hundreds of thousands of shares or less. Small. It should be much, much higher.

How much higher does the share price go, and for how long? Will news follow-up sustain and potentially further increase the share price? Or, per Herr Türkei, will there be another fade?

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