I guess this falls into the "if you cant beat'em, join'em. And since VASO doesn't feel the need to file an 8K, we, the shareholders, have really no clue as to what the details of this arrangement are.
You think maybe Coke would let Pepsi sell their product? Just think of the cost savings. I don't know where Ma gets his business acumen. ??!?!??!??!!?!?
Next run up after light volume selloff about to happen. Today, we had a 100k+ share bid at .82.
And some large block buying........90k at .82, and 25k at .83..........
Company has over 100 million in cash and AMGN have invested over 150 mil in the heart muscle drug here. This has nothing to do with the ALS failure. AMGN owns about 3 mill shares at a cost of around 9. Results from heart study in sept.
Great value for this broken bio.
At this rate, we will be at a dime by the shareholder meeting. There has been no stock done on offer since CC. Ma needs to own this decline. We don't need a CEO who blames market conditions and a dilutive transaction that took place 3 years ago. Ma raised expectation for Q and then missed #'s and then gave a horrible CC. Those are the undeniable facts.
Shareholder Meeting? Reality Check for Dr Ma
"EECp is a huge success". For who? Certainly not for shareholders so far. Dr ma has certainly benefited greatly from vaso; 2012 compensation was almost 600,000 dollars.
PJ, do you and your buddy fritz think that is a fair sum? Or maybe you think he is underpaid.
Hope to see you both at the shareholder meeting.
Doesn't give a #$%$ about shareholder value. He cant even leverage stock price on the back of earnings beat.
This company should be put up for sale. CEo has had offers but doenst want to give up the job. Activist shareholder needed to force issue.
Or maybe not.
25,000 share bid now at .17. Volume on a Friday can also mean possible weekend deal.....Just a little PR in this sector and stock goes higher real fast. .
Teva CEO"S comment
While the focus remains on fixing the foundation and driving organic growth, we are aware of the opportunities around us, including potential larger transactions," he said
CEO has been against a merger for some time as he has an inflated view of the value here, and he likes the perks we shareholders award him . He has had discussions, but has rebuffed all. Well, times are a changing. Stock is well off its highs and yet earnings prospects are better than ever; just put off some.
Buyers are circling and ceo can no longer use the "head in the sand' defense.
Again on CNBC, company is mentioned as a takeout candidate. It was this way when stock was at highs, you think it has changed for the worse with stock down 30+%.
Independence is not an option. Find the higher bid. That is his fiduciary responsibility. BMRN's days are numbered.
Big call buyer agrees. 10,000 aug 2 1/2 calls bought on the offer of .85