drifter,
Even though there is a lot of talk in terms of years before the big earnings start rolling in, the PPS usually begins moving up way in advance of the big earnings. Those that wait too long will be left behind when unexpected big news hit and the share price takes off.
IMO we are at our low and should gradually begin moving up now. Yes, even though there is all the talk about being long on this and other message boards, I still believe the majority of the money is in traders hands and thus it will be a up and down movement for awhile yet, but hopefully each up and down will be getting higher and higher as time goes on. The traders and flippers are just a fact of pennyland. They are here to make money too. I am long by the way - I hate paying taxes in a high tax bracket.
On fundamentals, I see this getting to 50 cents to a dollar in couple of years ($100 million net profit and a P/E of 20). Adding future speculation on top of that could take the price to a few dollars or more. It all depends on how things work out - number of patients buying product, other products developed, etc.
All the above is just my opinion. Best of luck to everyone.
Ron