I don't know how many times I have seen a stock trade down right before a key announcement after it has rallied in anticipation of that announcement. No question some investors are taking money off the table. I truly believe they are going to get whipsawed. We still have much upside potential on this one, but we need that announcement!!
That would just be tragic, to say nothing of certifiably insane - you BUY when you have a catalyst set like this. At most (if I were inclined) I'd sell to book profits and buy back in immediately. Kind of the walking definition of why dry powder is a good thing.
Personally, I'm content to let the pot simmer for a bit and maybe pick up some more shares before the major catalysts hit. A consolidation day like today is VERY healthy and I wouldn't be too surprised to see the stock trade sideways for a day or three before the next run up. Keeps things from getting "toppy" too quick.