RE:The most interesting bigmack1 wrote: Antibe is the most boring exciting stock in the TSX, but its a tinder box. The slightest volume would send it skyward quickly. Let's see what tomorrow brings.
Well that's just it, it's a basic function of supply and demand.
On any significant material positive development, you're going to see a strong spike for that very reason.
There will be a substantial amount of demand for the stock, without adequate supply to satisfy it.
That's the general concept. It's amplified particularily more so in Antibe's case.
You got a taste of this when the stock ran up to $7.50 on the announcement of the Nuance deal. There was substantially less supply to satisfy the large influx of demand.
The diference next time is that there are no known events to strike the price back down, i.e equity raises, dillution.
The next uptick should be able to gain strong momentum and sustain itself, and increase over time after the intial large spike up.