Steve likes to talk about CRY's strong positive cash flow (mostly, perhaps all, from just one off patent product...BioGlue), the strong balance sheet, the stock buy-back program, and the dividend policy. Basically, he likes to say he has done wonders for the shareholder. Well then, why doesn't he get out the CRY checkbook and buy back shares at this level? Also, if he has done wonders for shareholders, why does CRY stock keep defaulting to these low price levels (vicinity of $6.17 right now) Yep, $1,130,000 wages plus a pile of $0 options plus a country club membership (I think) plus other things (I think) for Steve. Also, Steve gets to employ sonny boy Bruce, so more dollars to the family coffers, all paid for by the poor shareholders. Yet most of the time the shareholders seem to be stuck with shares bouncing around at pretty low levels. The stock price now is about where it was in 1995, 18 years ago. So Steve seems to do always do quite well. Shareholders on the other hand, not so well. Maybe this is why Robin Young called Steve the "Bad Boy of Biotech". Maybe at 74, Steve needs to be replaced.
To find the CRY stock chart going all the way to 1994, go to Google Finance, type in the symbol CRY, and then click on the ALL years chart. How he got 16 years of CRY stock history erased from yahoo finance is a mystery to me, but his 'magic eraser' certainly did the job.
Good morning sir. Thank you for your service sir. Wonderful job your doing sir. .
This is just my opinion, nothing more. Do your own due diligence.