Actually market has been very effective for last 2 years - when so many here predicting B to be in market in 2015 or 2016, K making big impact in Oncology space - market predicted that nothing of that sort will happen and kept the price below $2 for more than one full year.
Well - in short whatever can say - B-ABSSI has not moved any further and funding is not place, K practically has halted - unless P was coming to rescue the near term milestones will not move prices as they have very long paths.
In that sense market showed that it has very good intelligence and better than individual investors.
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