Wed, Jan 28, 2015, 5:41 PM EST - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

Genzyme Molecular Oncol. (GZMO) Message Board

  • kunzem_1999 kunzem_1999 Jan 15, 2003 11:51 AM Flag

    reasons for that drop ?

    I am waiting for getting in. Are there any particular reasons for the drop today. Maybe this would be a nice opportunity

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • a little after 10 am 10,000 shares were put up for sale. Usually that is too many shares at one time to flood this thinly traded stock.The market makers do not support this type of thinly traded stocks and therefore due to lack of enough buyers it dropped a lot. Sometimes others who find out of the sudden drop may buy shares and boost the price later in the day. You can never be sure though. IMHO this is a good time to get in but you should do your own due dilligence.

 

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.