His previous largest holding was RDEA which got bought out last qtr. SPPI is now, by far, his largest holding. #2 is AMLN and #3 is HGSI, which were both bought out recently. His next biggest after those is SLXP, and he only owns $16m of that, compared with $87m of SPPI.
This will be interesting to watch. I don't see Tang sitting around watching this trade at an 8 P/E and $700m valuation. It will be fun when the activism starts!
I am with you, PK. I am way long this POS stock. As they say, "Price = truth." I don't like the shape of things now: Raj's disgusting greed, Poster's mindless rah-rah, and even bigotry, e.g. Sherry calling you a "kraut" ?? and babbling about abortions in her dotage. (I am of German parentage, and wonder what happened to America if this is OK.) So let Tang take this over, and cut out the overhead of Raj, and have some fresh thinking. I happen to admire what Tang has done so far. -BB