Seems like a lot of traders taking profits. Despite long-term optimism this stock seems to be trending toward wiping out most gains from recent news. Would have liked to see the pop held up at least. What do others think?
I personally not selling anything as I know FDA will be the biggest move up. I didn't expect the UK report that early before the FDA, but it was a nice bump up. Reality is just settling back in for now-consolidation. FDA should send this to 9-13 depending on momentum.
Look at the 5 year guys, this is classic micro-cap shorting the pop. It will go back up, but it scares weak longs into selling, as if there is something bad; there is not. For those who have owned this a long time, it's just part of the deal. I agree that you buy the dips if you're wanting to accumulate shares. That is exactly what the shorts will have to do.