I have been with this company for 3 year. Today was a GOOD day.
I have had a love/hate relationship with this stock for years. I love the potential for the company, the science, the personnel and the potential to really help people. I have always believed this stock would be worth the higher risk associated with a startup, HOWEVER, I have (since day 2) hated the keystone cop management style. It seemed they prior management went out of their way to create havoc and difficulty.
So, today is a GOOD day in my book. The BOD is becoming far more active, the new CEO has a demonstrated ability to get things done. And the last of the old management is gone.
I realize there are those who see this as another problem, I do not. I am pleased the new CEO was able to recognize the former CFO was not going to fit with his management style. I could not agree more.
The stock may take a slight hit in the morning, but this will be seen as excellent news by larger buyers.
It has been a long time coming, but I am starting to like owning this company again.
I agree--I think this is all part of Mr. Astrue's "cleaning house" and getting management all "on the same page" as the trial date approaches. I only hope that he can come forward at some point in the next few ?days/weeks to reassure investors that the company remains committed to going forward--?timeline for the other pipeline products etc