Vote NO for re-election to the Board. A little pressure will get them to take action - like sell to Astellas.
I recommend voting against the slate of board members up for election at this Annual Meeting - especially Gordon Douglas the Chairman. He has done nothing to manage VJ or move the stock price.
Please vote against and send a message.
Consider this. If you filter out the BS and read the notes more carefully you will see he has some real insights.
VJ did a minor amount of the speaking on the cc today. In the past he was the only one (except CFO) that did the speaking. To me this is a big "tell". (Much like the recent investor conferences.)
Also the typically arrogant VJ said, "But you’re on the right logical path if I may say so". He has never been so polite.
It is only a matter of days or weeks....
can you actually tell if they are selling day by day? The only buyers have to be HFs expecting VJ's termination after all lawsuits have settled.
The shareholder suit from 2013. I have to assume RA Cap and the other new investors feel this is without merit. It is possible the board has held on to VJ pending the settlement of this case. They would not want to give the appearance that maybe there was wrong doing by firing VJ prior to settlement.