El Hibri sold quite a lot not long after a conference that tooted the company's own horn plenty and raised pps - the street tends to punish that sort of thing, but not usually this much.

It seems waaaaay overblown at this point, considering all the terrific prospects for the company.

My paranoid fantasy is: The short punks I taunt on the OPTT board where I mentioned EBS once or twice (aside / OPTT went down 12% today - anything under 8 is worth considering & 7's a steal) might have been up to some mischief out of spite, but that seems a little far-fetched...but some of them do sound pretty clueless. If that was it, they are going to get squeezed here something fierce by the street, which knows EBS pretty well, and would love to make a few bucks a share on this cash-printing-press priced to move, financed by idiots who have to cover higher than any sane person would now pay. Late volume and AH price look pretty bullish to me.

I don't buy investor fatigue as an explanation, but that might be it too. Most likely is still the funds who have to make up for lost time starting with a big short gambit on stuff they like and don't think their peers are watching. Drives down the price, shakes out weak hands, etc. before starting accumulation. They didn't do this against dow/s&p/nasdaq today, mostly because their peers usually beat them to the punch by buying before they can cover.