finding the floor...are we there yet?

Fascinating to watch the way in which this stock has been manipulated down these past few weeks. Equally fascinating to see how folks are still swallowing the bait and selling into it.

If it doesn't seem to make any sense for the SP to be trading at these levels, that's because it is nonsense! The SP has just fallen below the price at which RA Capital (one of the most successful bio-tech hedge funds on the planet) invested in the company and I'm betting their DD was pretty thorough.

Ask yourself: who has the most to gain from driving the SP to these levels? IMO the answer lies not in where the share price has been, or what it has fallen to, but where the SP will be in a few weeks/months time. Think about it.

The smart money is shaking as many shares as possible from weak hands, and (as always) the result will be a large net transfer of wealth from these weak hands once momentum shifts.

DYOR - but I never thought I'd get the opportunity to buy again at these prices.

-RS