takes time for people to digest bad news. once they know its REJECTED, not approved, then they will appreciate what an opportunity they had to sell and cash out at $17s
but some will learn it too late. even if you are a die hard bull and are all gaga on this stock for the loooong term, my question is: why buy at $17 or $16s when you can buy at $13s in a few days?? are you saying, this wont have a pullback in days to come???????