$Redhill Biopharma(RDHL)$ RDHL

Jim1995

2023-11-29

$Redhill Biopharma(RDHL)$ RDHL is amazing. It went from 31 cents to 3.03 in two days, nearly 10-fold, to close up 1.80, or 190%, to 2.90, on a whopping 162.5 million shares traded. Volume was up 192 million on Monday, 350 million or more than a third of a billion shares traded in just two days. I think it may get momentum follow through toward 3 1/2-4.

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Comments

beherenow
2023-12-07
beherenow
What makes you come to that conclusion? Seems to me a rush of opportunistic and quick buy/sell trading artificially pushed RDHL shares up for a relatively brief period (a couple of days), and just as quickly their value dropped to its current value of $1.30.
So I'm curious, what leads you to think it's likely to rise up from where it is to $3.50 -$4?

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