Institutions had all the time to buy in cheaper, but they did...

Institutions had all the time to buy in cheaper, but they did not. IMO, the SP rise is due to the drilling that is in progress.

Two wells to be completed by November. Could have hit gas, and people buying through Hong Kong brokers, who have closer connections in the UK.

Herd mentality may take over and everyone will buy because others are buying. It is called psychology. In technical analysis, it is called momentum. In charting, it is called a trend. By fundamentals, it is undervalued. For day traders, increasing volume is a buy signal.