I suspect that VVUS will continue to decline over the week and again during the month of March. Buying may pick up in April leading to the 17th PDUFA. Any day the EU will announce their decision which will not be a good one. Thats why CEO sold ALL of his holdings of his own stock. VVUS will crash and burn if EU denies Qnexa for marketing in Europe.
I'll be watching from the sidelines, this is pure Entertainment.