Either Fomo or a leaky ship, who knows but the trader/investor themselves.
Leaky ships are common in many ways, some are helpful and create opportunities and others are out of personal gain.
There are patterns where a stock will jump 10-20% before an announcement. Once the information is out it effects the SP. I remember trading in another company where I had to report a person on HotCopper that spread a document that was confidential and let’s just say the information was in fact and indeed real to the results two days later. So it does happen.
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Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 733777 | 0.7¢ |
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Price($) | Vol. | No. |
---|---|---|
0.8¢ | 2189941 | 5 |
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No. | Vol. | Price($) |
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1 | 733777 | 0.007 |
2 | 1453050 | 0.006 |
7 | 1421110 | 0.005 |
8 | 2487620 | 0.004 |
4 | 2766780 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.008 | 1939941 | 4 |
0.009 | 540000 | 2 |
0.010 | 299998 | 1 |
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