reaction to the callI agree with other comments that the call was uninspiring, but I think was to be expected. The information as of a few days prior was 'no new material information' and the call was consistent with that.
My take on market reaction today is that two groups are affecting the price. First, there does appear to be a growing long term case supporting the price. Awareness has increased of late (I think the call would have helped here), but this will still take a bit of time to develop into firm revenue. The second group was looking for a quicker profit and in the absence of material announcement today they are selling off. (I took some profits too, but still in).
Yesterday I was thinking this felt a bit like the CITRIX trial, in that it will either go up or down post call. I now see it quite differently, and more like the two options would be up or setting a longer term base. Yes it has declined somewhat, but that is due to short term selling. The only information today was positive, but perhaps still too much in the 'potential' phase rather than the 'tangible revenue' stage for some.