last year around the same time. CLSN management committed to releasing data by the end of Q1. Longs were convinced that the data was going to be good. Then, an analyst put out a note saying P3 would fail. Longs were irate that someone could say something negative about their beloved company and bashed said analyst. CLSN waited till the last day of the quarter and sure enough...Kaboom! Data was bad and stock plummeted 80%.