This is an unexplained reaction to very good news. This stock will be up big tomorrow. Hope no-one went short - they will get killed.
We could get really lucky here. Those trigger finger sales might have been short sales. If so, and if the call is clean until then, this puppy could really move at about the first question of the Q&A portion of the conference call.
Seen this before. Shorts know there are people who will sell on the news and they tack advatage of that oyhers start asking whats wrong. they may keep the pressure up for 3 or 4 days.
Had to get out at 11.00,should go up,but wall street is crazy.
Well, here is one of the stupid ones....
Looks like you're correct, as nobody has come up with a credible reason for the sudden dip. Probably one dumb, large shareholder. Rare.Struggling around an even number, 11, right now. Will be struggling around another even number, 12, before the conference call. Pure guess, of course.
Agree 100%. This drop is ridiculous. The test results are fantastic. I'm looking for a fast track FDA approval now. I think once everyone comes to their senses, this stock will explode.