Well it did not tank but even went up a bit higher. Moreover, if you were a CF patient I am sure you would be an advocate of Vertex for it to push its CF drugs forward as quick as possible instead of a negative drag.
Vertex obviously has the skills necessary to create effective treatments for CF and hopefully it will eventually be able to help all CF patients.
That is nice. I hope t helps people, but do you realize the stock just gained 5 billion marketcap? That money will be collected. This is not a low float stock. While many institutional invstors are on-board, VRTX will take a bath in the morning. This is phase 2. Lots of barriers. BTW, I just shorted in this range. And the position is rather tiny. I know how traders can go mad.