GAC - With about 150k shares and 15k warrants trading today on a little weakness my guess is it won't be to long before we hear more news. Was nice to see Morgan Stanley in there buying today as well. It is now less than 3 weeks to the AGM. For what it's worth, my understanding is that there have been a number of BPs following this little biotech for many years. That has certainly been talked about at a number AGM's in the past. Maybe not in the main presentation but in the Q & A  or in the small group discussions afterwords. When the whole CEPT program fell apart the thought was that BP would wait until there was a very high degree of certainty and then pay a premium for what could be the most outstanding drug and platform on the planet. The good news is we only have to wait another 5 or 6 months before the Top Line results are out. The big challenge here is that we don't know what to expect because most of the info is blinded and we haven't had a SSA to give us any idea what direction this may go.

From a trading point of view I think whoever put up the 100k shares for sale this afternoon was trying to spoof the market so they could cover a position that they are no longer comfortable with.

All IMO, dyodd

tada