Some weeks ago I bought ASMB – just a small position. I actually was Ok with it because over the weeks it was up about 10% and I was like “Why didn't you buy more?”
Today, before the market opened I read a negative article on YF that began like this:
“Long term investing is the way to go, but that doesn't mean you should hold every stock forever. We don't wish catastrophic capital loss on anyone. Imagine if you held Assembly Biosciences, Inc. (NASDAQ:ASMB) for half a decade as the share price tanked 90%. We also note that the stock has performed poorly over the last year, with the share price down 40%. We really hope anyone holding through that price crash has a diversified portfolio. Even when you lose money, you don't have to lose the lesson. (bla bla bla ….)”
Then, when the market opened the stock peaked up to 9.2% and volume was mega.
So wtf is this?
Somebody trying to push the stock down to buy then? How is this not investigated by the SEC?
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