no way a company announced positive results on cancer drug trial, and then it drops more than 45% in 14 consecutive days w/o a pause. FDA should shut their door, arrest all the senior managers and confiscate all of their assets to pay back to investors..
Its not a fraud. All the Bio techs are getting hit hard. Some have fallen 50% or more the past few weeks. Margin calls or what ever you want to call it. Nothing has changed fundamentally with this company. If you have the stomach by more here. In 1-2 years you will be very happy you did. Don't worry about what it does in a matter of weeks. Look out a year from now. Do that and you will be fine!!