IMO, I think we have a better chance of seeing .15 before we see .07. Pluristem is enlarging their facilities, leasing additional space to support production, upgrading their manufacturing facilities to support FDA requirements, and the probability of human clinical trials during 2007...what more news does one need to realize that the current .11 PPS is a bargain?
The "sell in May and go away" was common before the 90's and then went out of vogue with all the increases in the market during that time. Last year the market took a good dip in May and everyone was saying this strategy of cleaning up the books before summer was back but there is no real evidence that this is what happened. It will be interesting to see what happens this year.
I agree that even if this is the case it doesn't apply to micros. Too much going on.