Ray knew a long time ago this thing would fail. However, I believe that he also knows that one of the pipeline drugs will succeed. Thus, the new hires, conferences, website....Is this hopeful thinking?
That's why I am still holding and added. You bet your a$$ they have a plan B. Most likely a C & D also. Think about it, do you think all of these "smart" people just throw everything in "blind"? I do not think so. As sinister as this sounds, this was a share grab for company insiders IMO.
Yes, I have that feeling too. They have something which isn't announced yet. Ray stated in the PR that they'll provide us with futher updates in the near term regarding their plans. That should give us more insight of the future