Hmm did not anticipate this retreat, but keeping in mind the last ann was very positive I'm pretty unfazed.
There's lots of tempting stocks at inflection points around in the bio space, people have probably see that we have a bit of a wait untill our next (knowable) inflection point and ar shifting capital around. We had a great run in the latter part of the year, bit of profit taking I suppose.
IMO in the short term there's not a lot of support between here and 3.38-40ish, so be prepared to go there. I topped up at 1.75, and will do so again at 1.40 or thereabouts. Nothing goes up in a straight line, and as we get de-risked, there will still be chances to average up at good times. With PYC I intend to take those oppurtunities. Nibbles, not chomps, but I'll take 'em.
GLA
(20min delay)