I hope Trump reads your post. He doesn't believe there is selling to offset gains. But I also believe the people who sold to offset their gains will also buy back in after 30 days. I don't believe there will be any announcement in January relating to FDA approval. I think it will come in March.
Anyhow try and guess a bottom, and if you're going to buy, buy before the end of the year. It will start to rise either the 2nd or 3rd week in January.
Your post is way too rational for this site. Please delete it and take a stance in one of the following two camps: 1) Approval coming today, this is going to the moon! 2) This will never get approved, I've made a killing shorting it.
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