I guess these sellers must be short-term traders.
Long-term this is the time to accumulate.
The sell downs have not been accompanied by large volumes. The major rises have been accompanied by large volumes.
The Bio-tech sector has been weak for a while now.
PSD has an "enabling technology" with multiple uses (and multiple advantages) in very lucrative markets and they have high profile partners sharing their confidence.
PSD has suggested what's in store for this current year 2005 and, assuming those things eventuate, this current share price could look very cheap by the end of this year.
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