sigh
I think TLT is a small house so I don't think that this sell off represents material information that has gotten out.
I know that in the past the rumour of another PP (this time at 0.2) has let to sell off but I have a friend who was involved in the past few PPs and he usually get the call from RDW in advance of the board. He doesn't tell me but that is another story. In any case, he was happy to tell me that he has gotten no calls from RDW about a 0.2 PP.
Or maybe someone has a stop loss principle and the recent drops just triggered that action.
Or maybe someone is washing trades back and forth to get others to sell in panic and then picking up more.
I really feel that the only thing that will avert the downslope until BDT is to sell some small piece of the worldwide licensing package for a bad deal that gets TLT operating capital. Then announce that news.
Otherwise, the only other thing would be little PR's about nice nuggets like the 8 yr shelf life. I think it would be cool to track down and see if the patients who have reach 24 m are still CR (which I think they would be). Release it as a celebratory PR that you are congratulating the patients on their ongoing cancer free success. Just my idea.
The only good thing I can say at this point is that TLT has successfully immunized me against that feeling of pain with 13% drops. Mainly because it has done this so many times before, I feel only numb Deja Vu.