any thoughts

I bought last week at around $2.05 and have watched this drop. I liked the Centocor deal and while it had a good move, the fundamentals are staryting to look like the price could be supported. I was made aware of a number of announcements which would be made (8c distribution + pet contraceptive are the first two) which I thought would further underpin the price. I continue to hold, but there seems to be a lot of selling out there. Anyone got any thoughts?