WBT 3.52% $2.06 weebit nano ltd

Ann: Ex-Intel VP David Perlmutter to Present at AGM, page-47

  1. 2,676 Posts.
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    I'm not negative for the stock
    I'm negative towards a 30% spikes in two days on no company news

    bunch of news articles about chairman speaking at the AGM makes no sense to rise the share price, how is this fundamentally justified? it's not imo

    signing a major license deal makes sense and I'd be pretty bullish if that happened, but that's at least 12-18+ months away...

    this type of spike on no news usually signifies some kind of bull trap and/or CR pump

    I prefer slow and steady rises because they're more sustainable and less likely to be caused by insto manipulation

    shrug... it is what it is

    guess we'll see how it plays out, but I'm dubious and/or skeptical
    Last edited by showstring: 23/11/16
 
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