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Wednesday, June 05, 2024 10:23:55 AM
Technically speaking, if the trading volume continues to be low, from 1 million to a couple of millions, it may be a test for those funds/high worth individuals in the sphere of influence of SIO, and/or SIO itself, believing they have been and will continue to be a driving force for price appreciation in the near future.
Then, they would take the stop loss order shares in a lightening speed and then drive it higher if they are as tricky as most living in the Wall Street. Yes indeed, SIO is located and operated from there, but if somehow Linda did has done the deal with SIO in mutually good faith, then the old Woodford style price support may not be a remote possibility.
Since we are close to the HMRA approval in UK, in weeks/months, plus the above thinking, I will happily reembark once again my accumulation. Yes nobody knows for sure. It's just my speculation and belief that any shares I have bought and will buy in the near future at this depressed price will be proven good buys. So no regret whatever happen in the near term!
![Bullish](/static/images/ih2-bull.png)
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