I don't believe anybody trusts the CEO of Spectrum Pharmaceuticals anymore. He puts out press release after press release and the stock does nothing, absolutely nothing, it seems were long overdue for change of CEO, Board of Directors need to respond.
If no one trusted Raj, there would be no one buying and holding the stock, especially the big funds. I know.........................one way to create doubt, like in politics, is to throw mud at someone hoping some of it will stick. Especially someone who can't defend themselves openly. Keep throwing it, its good exercise.
Raji has single handedly destroyed more shareholder value then shorts ever have. This latest incident with Fusilev should have never happened; monitoring should've been in place to follow supply demands. To be caught off guard just shows how non-professional the company is. Make me wonder whose side management’s on?