mcdambras: Here in Denver, I have a drinking buddy who is a fund manager for one of the big firms in town. My drinking buddy has heard some stories about the CEO from other investors, although they are second hand accounts or beyond so he takes them with at least a grain of salt. Still, when there is smoke, there is fire. Among other things, the CEO has a reputation for exuding arrogance and becoming visibly irritated when he does not like investor questions. (Given his reputed tells, various investors were hoping to bump into the CEO at the Poker tables in Las Vegas.) My buddy said various investors think it was a good idea that management convinced the CEO to disengage from meeting with investors because he is too emotional and that is not his area of expertise.
Your recent comments about sycophants surrounding the CEO seem to be consistent with some of scuttlebutt shared by my drinking buddy. Should we assume that the CFO also falls into that same category? In general, you seem to know a lot of the people at AMRI which gives you valuable insights into the whole situation.
Update 29 Nov, 2011: all-time closing low of $2.09 and all-time intraday low of $2.08