That is a big number. 25% of all cancers is hedgehog driven. This is why there is so much riding on the GDC0449. Proven technology should catipult Curis for the rest of its pipeline and future development.
This is typical for many great companies. Good earnings or news comes out ant the funds will sit on the sidelines and wait for the circus show to cash out. Then the buying will begin. I remember when Lumber liquidators was at seven and change had great earnings and flopped. Only to start climbing after about the third day and triple in price over the course of the year.