Impatient shareholders are selling out. No news of any substance for many months and consistently broken timelines by management has now taken its toll. Directors are now relying on a tax refund to get them through the next couple of quarters. Thats the view of the marketplace.
Time to buy imo. This may well be the shakeout needed.
I can't see any news until late August/September. You can just see the execs of major pharmas whooping it up at the London Olympics for the next 2 weeks and putting everything on hold.
dump is on
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