...he has not done the stock any wonders. The leadership transition was announced on 11/7/13 ($1.73), the 1/15/14 conf call ($0.88), the 3/20/14 investor/analyst presentation ($0.65). Personally, on Nov. 7th I expected the stock price to go up given JW was moving out of the picture.
Why even do that you dolt? Why not not buy anybody and dole out $100 billion in year end bonuses instead. Longs like you jest have to be an encouragement to the shorts. You can help yore cause by not posting
So you ignore the fact of the effect of the FDA warning letter on the stock (and "VA", etc).
Do you, then, think of your appraisal of "Mullan's effect" a fair one?
Mullan had NOTHING to do with the FDA letter/matter. He wasn't even associated with the company when the precedents to that took place. THAT, along with the continuing worry (then) over the VA gov stuff, etc. is what is mostly responsible for the tank of the stock since 11/7/13 ... isn't it?
Are you opining that if nothing else had happened the stock would have gone way down just because the change to leadership with big scientific credentials?
His research is in ALZ which he said is NOT a focus for Star. What is the focus? He don't know so he ain't telling. What we do know for certain is that Mullan is:
1. Part time because he has not given up his post at Roskamp;
2. He is getting an obsessive compensation and it is his primary goal to continue to receive it;
3. He is part of over bloated management. If he were not part time, Chapman would not be needed. What does Curtis Wright do now?????? Hmmmmmmmmm;
4. He carries a poor management background. He placed himself thru poor judgement in a position as an accused sex offender. Unfortunately the smoke of this tars and feathers him. He may be an unfortunate victim but why should Star be a victim by extension? Poor choice by the BOD.
5. Despite his intellectual achievements his image is poor. He has a face like a moose. This fact adds fuel to the speculation that he may be forced to engage in reprehensible behavior toward women because of rejection issues. About one half of the population are women who are not likely to favor him and thus an investment in Star. Probably, the BOD composed of half wits never thought of the big influence of women and what a telegenic, charismatic and baggage free CEO could add to the party.
Izof would have you believe these are non issues. He is wrong. I showed a picture of Mullan to my girl friends who are legion and not one commented favorably. They all thought he had a face like a moose and thought his ears were sprouting antlers. It is easy to see why he could be accused of sexual deviancy.