Wish there was some way J&J could sac him.
CEO painted lipstick on a pig (atm)!
What do you think caused market cap almost cut in half? Biotech selloff wasn't that much. All started with ATM....
Would love a hostile takeover and let shareholders reap rewards and leave Chippy out. He wants to stay at GERN and spend money on some unproven product or company. Don't trust him but love GERN science. We don't need another science that is more risk.
Any rise in stock price will be smacked down with Chippy's spending spree
Can't believe he has that power.....
and we have bottomed.
Who knows if it has been used already...and that is the point...uncertainty is not good for a stock. ATM creates uncertainty...a regular secondary is much better...you know when and how much.
and lose 100 million in market cap