no support for the issue at all, page-9

Personally, I have no problem at all with BMN's share price at the moment....then again I am not a full time day trader (which helps..lol!) and I view BMN as an investment which requires a degree of patience during the obligatory bouts of consolidation in between regular bursts of handsome share price growth.

Having said that, I get slightly nervous when I see determined selling in a stock in case it is insider driven (by bad news). I am pretty confident that this is not the case. More likely, we are closer the end of the corrective phase which will restore a 'buy' recommendation for the stock (eg witness recent comments by long time BMN believers Fat Prophets who have waited for the stock to pull back further before upgrAding it to a buy).

Finally, a point re the share placement. It is not uncommon for a stock to 'go soft' for a few weeks after a placement as demand is temporarily satisfied. As an example, ERN followers would no doubt remember how it dropped about 10% post the Feb'07 placement (done at 60c) ...and look at it now! It was an excellent buying opportunity and I expressed this on the ERN thread at the time. The odds are, we now have a very similar situation unfolding with BMN right now.