I think the majority of shareholder's have held and will continue to hold their shares based on upcoming milestones and pipeline they believe will excelerate growth. Management explained the Q1 shortfall adequately, held 2012 guidance and have not shown a history in the past of being overly optimistic. I do not believe the disappointing quarter will be considered by fund managers a game changer and many will consider it a opportunity.This was not a throw in the towel event which would necessarily cause capitulation in my opinion.
Games will surely continue to be played and if the market gets hit we may get hit harder. Good news is around the corner and will overshadow Q1.