RE:RE:RE:This is just the beginning On the other hand, one could argue that the fact that EGX started promotions created a similar effect to news. Got new buyers in, and as there were few GTC asks, it pushed the stock up. Those who sold for 6.5 and 7 weren't penny flippers, they were investors who got scared and bailed. Penny flippers sold today.
Could this be the time that it goes up steady? Maybe. Is it more likely that we see a dip over the next 2 weeks, maybe to a new floor of 8? Yes.