Why? Who is buying?
Why do people look for a dingle cause and effect? On top of my list is the great prospects for its products. Second, short covering must be taking place. And third, Buy-out is always a possibility,although, it will be a great company by itself.
1,000,000 shrs plus already. This volume speakes volumes.
Must be options related.
Not enough contracts traded. Volume is too high either short squeeze or something is in the works. UCB is a global company and an insider in the EU may not have the same regulations as here.
It does NOT matter who's Buying.....the fact that they are rushing to accumulate speaks Volumes, don't you think?
I like sustainable buying that holds up over time, not some pump and dump game playing.