GREY:BIXZF - Post by User
Comment by
peskypierreon Dec 16, 2011 12:03pm
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Post# 19329061
RE: Question about the recent Run-up:
RE: Question about the recent Run-up:Penny stocks make huge % moves . Its the nature of the game. I dont beleive short covering had anything to do with because they would have already covered. The move last week could just have been pump and dump for the fortunate few who made the trade but the way this stock came back up above 20 this week suggests there is value here and also if there is a Santa Claus rally the last half of December you want to be in stocks that are behaving well. If the big shift in share price is based much more on sentiment than fumdamentals then 50 cents in the next few weeks doesnt sound all that far fetched to me