Re: Why the big drop today? EOM
What I think the reason for the drop is that there is about 9 months until the PDUFA date from now give or take. Couple that with the MDD trial not going our way casts lower expectations and investors take their money for other set ups. Unfortunately the volume is high and the drop is substantial. The diehard acad holders like us know in 9 months know things will change but right now at this very minute the other investors are looking elsewhere. That is why the substantial drop. So what do you do? You either sell or you hold until March or April and the off chance of a buyout.