I bailed north of $5.07 thinking that the outcome this week was coming. I suspect we go lower and I plan to join in at $4ish depending on what I hear on the 13th. The 12th will be interesting as undoubtingly if there is good news it will be leaked. In my opinion SNSS is in trouble.
i did as well on the Monday of heavy trading following release of the monotherapy LI-1 results. I have seen this type of downward drift on uncertainty in the past and am not surprised. LI-1 combo therapy could prove positive - but the risk going into that is a bit higher given the mono outcome. I'm happy to sit on the sidelines for now.