I have to agree- It is just the market.
I own about 15 small bios at this time. Most are down. The ones that are not should be MUCH higher, if we were in a normal market. The only ones up are ones that have BO rumors floating around.
The market gets in this position from time to time. When it happens like this I'm usually sitting here wishing I had more cash to pour into the stocks I already own. That is exactly where I am today. There are lots of good stocks that I consider a screaming buy. This is at the top of my list.
In a perfect world, I get one of the others bought out before the end of the month, take half of my gains from that stock, and double down an already too large of a position in CRMD. That is how strongly I feel about this right now. I am confident that we will be approved by the end of the year. I'd much prefer to see the approval before summer.
Fingers crossed.