>do you know of any fundamental reason for the recent IDIX decline other than the obvious deplorable market conditions?<
No, I do not. As mentioned in #msg-32659390, through Friday IDIX was the eighth-best performing stock this year in the entire Russell 3000 index. Hence, it may have been overripe for a correction during a broad-market selloff.
I just listened to today’s IDIX presentation at the JMP conference—nothing new.
“The efficient-market hypothesis may be the foremost piece of B.S. ever promulgated in any area of human knowledge!”