Probably an accurate depiction of events, but you never know. It depends on what management says at the conference. I've been in stocks that suddenly rose during the conference. If some folks like what they hear they'll call in buy orders from the audience. It just depends on what is said. Such is the nature of the smart phone generation!
I agree Feller I remember the bloomberg conference in NY. How it was dead afterwards. Market Makers control the market. Whales work with the market makers to buy large positions. Market Makers then do a shake out or retrace. Some people sold at 2 dollars waiting to buy back at 1......they are still waiting. This stock can leave you in the dust fast OWCP