3309 Drysdale Ct
Edwardsville, IL 62025
Adverum Technologies-Check out the huge gap down on the opening.
Took out many stops after drifting lower the last week and
then a sharp reversal. Owners wanted it cheap again?
Certainly an odd candle and bizarre trading day, but it's not a
thinly traded stock ($1.2m shares on the day). How exactly
does this possible "manipulation" work? Rumors just prior to
the open that are quickly dispelled?
Would like to understand how a stock gaps down huge like this at
the open, then IMMEDIATELY reverses course to gain 11% on the day.
What series of events creates that reaction? News after
the open? Just trying to understand and hopefully never get
caught in this type of reversal using proper stops.
I don't like to call manipulation because it sounds like a
rationalization.....however, here it is hard to think it was
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!