Current management have overstayed their welcome. BOD better analyze and act quickly.
INCY is mirroring the fiscal-cliff and given their recent missteps they better be very careful of press releases, conference calls and other public interaction. Their mgmt. team is not very market friendly and their business better ramp up cash flow or they better announce a refinacing package to lengthen det maturity. Seems a no-brainer with current interest rate environment but mgmt. has not brought it to conclusion. No wonder insiders dumped!!