Why The Accumulation on FXGP nlightn?
Very good question and one which I cannot definitively answer. For what its worth I don't think it was just today. FXGP has been on quite a run since the beginning of the month. At January's start 20 day average volume was only about 7 million per day...at month's end that average is up to over 77 million according to my calculations.
Whatever the reason for the heightened demand it isn't because of a dedicated IR campaign. I don't see any IR firms touting FXGP a la IBZT or others. There's been no PRs either.
There is speculation about possible funding and contracts...but that isn't something I like to engage in. The trading is real however, I have no problem commenting on that. I am obviously hoping that the trading activity portends something positive coming to light...but I have no idea what that might be or even if there is anything.
If you want to taste the fruit, you have to go out on a limb. But if you wait for the herd to move out on the limb....the branch tends to snap.