RE: Bad news coming?? I doubt there is bad news. We only see one active seller. Only one funds or large shareholder liquidate his position. You can have one good reason to buy, but many for selling....
If the issue is the cash, I highly doubt that a client like Octapharma that have an approve product on the market, or even a global pharma in phase III that already spent hundreds of millions in clinical research, would ultimately let PLI go in bankruptcy. They depend on their technology, and they certainly can make a loan a few millions if it's ever needed.
I will sleep thight tonight, no matter what will be the SP.