RE: too much selling into strength . . . Well, appreciate the input Indicator but, given that you sold out here in March probably below .55 you could have got out over .70 today had you stayed in just that bit longer. But, that's the way it goes I guess.
It's really no big revelation even without the charts, to see investors who have been in a stock for a long time and are tired, to start selling into strenth at the first big opportunity. It's a familiar pattern and not any surprise.
However, I believe this news today will help to give more confidence to the longs, particulaly if it turns out that Medicago really is the first to produce a VLP vaccine candidate against this potential pandemic strain.