Spec stock =\= hype stocks.
Look at the price action before any major announcement. And then what happens when the announcements fall through (first CRL, Covid, back trial, chf trial, Novartis.... hopefully this times different).
Look at the Pom Pom waving here. The talk of $20 share price, all indications falling into place, despite the paucity of evidence, and MSB itself saying it needs more trials.
The constant posting, comments every 3 minutes all hours of the day from the same posters. Despite no substantial news from MSB for years (not an exaggeration)
I would never play with hype stocks. Unpredictable. Price goes up over nothing, and you are paying a premium for hype.
Be careful. A lot of new posters around here, do your research carefully before buying - this is not a sure thing, and this approval is likely MSBs last chance.
IMO
2023 The Final Countdown, page-2143
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Last
$1.06 |
Change
0.030(2.91%) |
Mkt cap ! $1.210B | |||
| Open | High | Low | Value | Volume |
| $1.05 | $1.09 | $1.03 | $5.796M | 5.430M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 15990 | $1.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.08 | 48632 | 3 |
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| Last trade - 16.10pm 02/09/2024 (20 minute delay) ? |
| MSB (ASX) Chart |