The market is simply looking forward to lower anti viral sales after the bumper sales from the demonstrably mis directed panic of 09. Sell down seems logical in light of that. All arguments about other products are simply hypothesis until they hit the shelves. The market gives next to zero value to IP. Just look at Circadian to believe this. It's also obvious that the selling is on increasing volumes so be careful to check your optimism if you're underwater as this is a poor signal.
My guess is Hunter hall or alleron is locking in substantial profit before the calender year. Would like to enter this again...maybe close to 2.00 on an oversell gap down day
BTA Price at posting:
$2.32 Sentiment: None Disclosure: Not Held