My guess on today........is that we drank the kool aid that there might be some licensing opportunities win the Chinese, many posts describing the diabetics of China, coupled with the perception that a Chinese patent has the same credibility of an Iranian nucluler agreement made this a big drop today.
For many people with a very low current basis after a Dec sale and a January buyback...our biggest problem is/when knowing when to sell on a run up and not trying to get every last dollar. This runup will happen again if/when Phase III annoucements are made. Again the big decision "to sell or not to sell" how much to sell, how much to hold". Will this become a home run? I do think a Phase III trial annoucement should give us a small bump. In the meantime....this is the worst stock I've ever seen for the ups and downs, the pump and dump, the munipulation, etc. Buy the rumor/speculation and sell the event.....a very familiar history. :(