What is it?Either someone desperately want's a tax loss or smaller position size regardless of market impact, or Pfizers ex-CMO and oncology specialist Dr. Rothenburg has gotten it completely wrong about the chance of success for Sort1 Platform or the drug under trial.
Normally I think the market must know something I don't when there's a decisive move. The natural reaction is to backoff with the assumption "someone" knows something. But since no one really knows much of anything about THTX except the 100 people here and maybe a similar number on other boards, I discount that. Their stealth presence is a help in this case! Let's see how tomorrow goes, but this swoon might get PL's haired raised that he's really getting no sympathy and his shareholders are bailing right before significant news!
PL needs to step up to the plate with an offensive minded message here to support his remaining shareholders!