cdnkid...
...you get the situation precisely, my friend. Although it wasn't "panic", it was calculated...and probably a little late. Those who think I'm a basher or a traitor likely aren't very good stock traders. It has nothing to do with bashing or being a traitor. It has to do with being able to step back and look at the big picture and separate yourself from the emotional "love" of a stock for a short time in order to make profits. I understood the situation and took my chips off the table...I still have my chips and I still believe in this company...I just didn't believe in an appeal reversal. End of story.
I'm glad you are recognizing that this will sell off (although I think you'll see it much lower by the middle of the week in comparison to Monday morning as more hands continue to hit the eject button).
Personally, I was very clear about why I was in this stock (Agenda/Tesetaxel/Partnerships), so it shouldn't come as a shocker to anyone here that I took my chips out last week. If you were in the game for these 3 things alone, like I was, then you should've taken yours out as well.
People here need to quit calling names and blaming others for their mistakes and lack of comprehension. I've been making my position known for months now.