Ann: Prometheus Acquisition Update, page-19

Initially I was distressed and seriously pissed off when I discovered these announcements tonight and the subsequent sell off but for something that appears initially to be shocking news only prompted a sell off of just under 12 millions shares. Is it just me or am I way off base here but that doesn't seem like a huge amount considering what just transpired. There was plenty of time for a massive sell off and for the price to be absolutely slaughtered but that relatively small sell off would seem to suggest that the more astute long term investors with large holdings still have faith in MRD.