And like stillondgo says: Pumpers are gone for good licking their wounds
Those idiots are out when stock was little higher but those times are gone for ever. I have seen this before many times. Stocks trades down and naive people think it is "normal" and stock will come back up but it never does because this is fundamentally driven market and those like ACRX who has nothing to based their super high price on ,are going to be slaughtered more and more, little by little.
This institutional exodus like we see here is or was never ever good for stock going forward.
I wouldn't be suprice to see $3-4 price even before bad news is announced.
Stock has been following the IBB closely. Whenever there is a rebound in the IBB, ACRX is one of the first to respond. You have been waiting for this mysterious bad news to come out for months. Your credibility is zero. Do you really think this stock will be lower than $10 in 3 months? And I haven't seen an institutional exodus in this stock, but maybe you have some examples to back up your assertion.