|Forum - Gurus Answer Questions
||Gurus answer your questions about the art of trading.|
|From: pennystockninja (Rep: 0) reply to kidbr9||Date: 01/21/2017 18:06|
|Forum: Gurus Answer Questions - Msg #571||Thread #673900916 (Rec: 0) |
|Re: Help a New Understand Price Drops|
It looks like a ton of people did not think that this drug, (for constipation) has a chance in the market and shorted the stock causing the price to drop. When there are more people shorting than buying the price goes down. I would sit back and watch for sales before I bought in, maybe 3-6 months from now the company will prove the shorts wrong, but for now the shorts control this one.
| Reply to kidbr9 - Msg #570 - 01/20/2017 16:48|
Help a New Understand Price Drops
I joined about a month ago and really appreciate all the information here. But, I have a question I'm hoping someone can answer:
SGYP just got FDA approval on a drug, but the stock dropped. I'm VERY new to all of this, but one would think that development would mean the price would go up instead.
I know I'm asking about a specific stock, but why, in general, would something like this (good news) end up with this result (price falling)?
Thanks so much in advance!
NOTE: This message was originally posted on 2017-01-20 15:49:15 by the kidbr9.
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