I think it's clear that EPIC data will NOT be statistically significant (although the trial design looked promising) or their is something wrong with the trial similar to ANX-530. When you have selling like this it is clearly evident that something is materially wrong. Like I said last week. Market is pricing in a substantial negative - 1,000,000 shares on the sell block. Institution is incredibly stupid or knows something of importance. I'm thinking the later.
I've been here since ANX days and trading like this happens before a negative event. I expect something material to come out of Thursday's call that the market is beginning to price in. For a company very close to a binary event, trading like this is the precursor for an unexpected negative. I hope i am wrong. Staying through EPIC results.