At this very moment we are in exactly the same place we were at on 9-16-13. I got caught up in the wild exuberation of the ODD just like all the others and figured we broke loose .Did not happen, so were we are just back in the same place waiting on Ph2 results.
Jim Long and calm
Not only are we still up from the lows, we are VERY likely to repeat the same run up we just saw before this retrace as excitement about the pending PII data on Z160 builds.
Also we're likely to see one or more extremely favorable articles come out in the next week or so. I expect that will be the next run up catalyst.
And for all the reasons discussed here at length, the chances for some truly excellent PII data are much better than the average PII trial. Much, much better. Though again, I'm anticipating a significant increase from these levels even before those data are released. At least back to the low eights, would be my guess.
Jim, That is exactly how I see it at this time. I figure if we were pre-split, the pps would be about .82 which isn't too bad considering it wasn't too long ago that we were in the 40's, 50's and 60's! Why are all these guys so panicked?! They need to pump themselves up with a little testosterone and man up!! lol No offense to them :)