The market has declared AVXL to be a "SHOW ME!" stock due to its history of overpromising and underdelivering.
Yesterday's PR did not warrant the hype. Missling was hoping it would cushion the blow with the delay in PDD results that were supposed to have been released by mid-year and now has been pushed back to this current quarter.
Don't be surprised if it is pushed back even further.
What was the point of the 11 am call? He couldn't do it after the market closed?