Someone predicted that if nothing came out, that the reaction would be "meh".....well its the same even with the news.  

It looks like the was a small surge of buying at the open, but it quickly petered out....but then nothing really has changed.  The only question they answered is the one that came with th LOC deadline.  We still don't know how they'll be paying for trials and everthing else going forward.

I happen to think that the longer the FA takes the better it is.....my thinking is that, if event rates are significantly lower in the dosed arm, that it would take longer to hit the FA trigger than if they were happening quicker.  But ultimately I want to see a + FA, and the sooner the better now in light of today's news.