it was like 1.20€ per share, so investors don’t really had much to lose. that plays a big part IMO. if you’re only losing a few bucks worst case, the risk isn’t a problem.
While price does negatively (with few outliers) correlate with volatility in the stock market, this seems like more than that. 22M volume on the 5th is more than the stock has seen… ever, as far as I can see, with an overwhelming majority being held by insiders or institutions. The bet appears to be larger than a few bucks, from people who I presume expect big things.
it was like 1.20€ per share, so investors don’t really had much to lose. that plays a big part IMO. if you’re only losing a few bucks worst case, the risk isn’t a problem.
While price does negatively (with few outliers) correlate with volatility in the stock market, this seems like more than that. 22M volume on the 5th is more than the stock has seen… ever, as far as I can see, with an overwhelming majority being held by insiders or institutions. The bet appears to be larger than a few bucks, from people who I presume expect big things.