Inovio Pharmaceuticals Inc (INO)

[cadillac107]

Who would have known? (or my take as what was responsible for the abrupt decline in Inovio's share price beginning on Tuesday morning's premarket session.) The old Wall Street adage, "Buy on the rumor, sell on the news was certainly applicable to Inovio's share price beginning during Tuesday's premarket trading session. Had one had any idea just how the stock's market makers where going to react on the news of the vaccines results (which obviously was leaked to them, and/or became apparent to them when a large imbalance of sell orders over buys started occurring midway during the morning's premarket session), one could have sold very early when the shares were actually trading higher at the start of the session, but shortly there after, soon began their steep descent, as the premarket session progressed.