Not playing this stock right now as I'm waiting for an entry point, but you do realize the whole stock market is getting pummeled right now, correct? And the catalyst here isn't until September. This drop isn't surprising and has nothing to do with the underlying fundamentals.
Agree with you, and putting 1.25 out there as a technical bottom, and today it is holding. As a chart play, what would you say is the bottom on this APPY play in particular. These pharma plays are open to ANYTHING GOES.