Hey slotster, I hate to say this, but this stock has been letting air out like this for 6 months or more. It is a long story, but let's just say that the market is dead set against it gaining any momentum, even on good days. The litigation risks are weighting it down and until those are gone, even the best market days will hold it down. It sucks for all the longs, but that's my current view.
Nope, I didn't know anything the day before. Given the terrible sentiment in the market, I was just trying to move some money (a small amount) into something I considered more defensive. I was pleasantly surprised when I read about the stent approval, but then could not believe how the stock price reacted. This stock is a long-term keeper and should start to run once the market settles down and litigation issues are resolved.