The beginning of the trading day for Global Health Ventures Inc. (OTC:GHLV) stock is as emotional as it was yesterday.
GHLV shares opened the market with an initial 6% increase, followed by a sharp decline.
On the background of no news, seems that investors’ speculative mood and willingness to hunt gains is again delivered rapidly to their blood, without need to use GHLV’s sublingual technology.
Yesterday, GHLV stock surged 10.70% in a volume, exceeding almost seven times the average traded.
The development stage company pointed out the advantages of its technology at the beginning of the month. Since then, no reasonable factors were able to rush the stock, with the exception of speculative investor interventions. Up to yesterday, GHLV stock was not so strongly demanded.[BANNER]
Stock marketing newsletters periodically published information about GHLV shares, but statistically the frequency and the content of the alerts show that they were not the reason for the recent stock stir.
During the first two trading sessions of the week, the market for GHLV stock was prevailed by shorters. Yesterday, 47% of the total volume traded belonged to shorters.
As usually happens, such no-news stock surging is followed by a sharp price decline. This may be also the case with GHLV stock.
