I was trying to get some rationale about maybe insiders had taken their easily due profits, from some previous of their lower priced stock ownership issued. When the stock price shot up on the FDA Approval PR effect.
As (at that time) the ISSs shares were really low in number, I also speculated that perhaps a stock placement was happening and company insiders had not notified retail investors it was coming into effect at the roughly same time the FDA Approval notification had its dramatic effect on stock price rise.
I had no 'insider info' and wanted to see if anyone else could come up with any other ideas what was behind the volume and price fall after the stock zoomed up in price. It appeared to me rather that the best notion of what the chart info was displaying might well be one or both of the theories I spoke of (as to price moves).
Forgive me if it was confusing, but I tend to suspect these price movements are not just random market activity . . . nor necessarily day-trades . . . . But I can certainly be wrong in that explanatory attempt.
I continually seek to understand what is effecting charting activity, and thought others might have some ideas also; as I am an amateur stock investor and trader and poster.
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