And the CFO, Dr. Jacqualyn A. Fouse Ph.D., 53 Chief Financial Officer and Exec. VP make $4.47 MILLION...WOW !
Love CPHD...but tends to sell off and disappoint the Q repts. A lot of times with major dumps. But you trading longs know that, you guys always short prior to Q-rept. Thats a good one, letting the newbies do the heavy lifting. Oh you guys know all this. Possible sub $40 by next week, we'll see. The thing with CPHD is it has a great following, tends to resist the "bad news " that occurs from time to time. But the strong following tends to over value the stock.
OT-Guys take this weeks biotech sector sell off to look at ACAD. Has a Billion Dollar Drug-One of a Kind- First in its class drug - with the - only drug indication for Parkinson's Disease Psychosis. Affects about 40% of the 1 million Parkinson's patients in the USA - new drug application (NDA) just around the corner. Lots of cash and No debt. And no partner YET. And get this...the FDA already has looked at the phase 3 trial results and given it a thumbs up to proceed to the NDA.
You are still dancing around my easy question...SALARY of 415 K....is it absolutely nuts or appropriate. Yes or No. My post, my topic.
OK I will respect your opinion since I have never followed CELG and really not interested in defending his rep at this point only the fact that his salary is not way out of line. But I would say you might give him a chance at this new point in his career.
Interesting how I mention idiots and you reply...whatever.
Now I am a little confused, because you wrote this..." These salary & options are absolutely nuts." So which is it ? So now you feel the salary is appropriate? Is the salary appropriate or is it " ...absolutely nuts. " ...YES OR NO ?
This is why some here hate me & always give me a thumbs down...because i point out what a DIMWIT they are. I wouldn't have it any other way.
"" Malaysia Airlines has said 295 people were aboard the flight from Amsterdam to Kuala Lumpur.""
Geez, some of you guys a complete IDIOTS....the new CFO's pay is appropriate. Look at MNKD...with a MK not exactly double of ACAD ....CFO who is a CPA by the way, Mr. Matthew J. Pfeffer CPA, 56
Chief Financial Officer, Principal Accounting Officer and Corp. VP $ 700.00K. And some of you here are whining about the new CFO ( with 20 years of executive-level experience in the pharmaceutical industry ) pay of $415 K. THATS CHEAP !!! what a bargin!
By the way ignore all the jolly short morons...just hit the ignore button. They hate being ignored.
The IBB is a Biotech MF. Since the Fed made a broad generalization about the Biotech sector, then really we are talking about the IBB. Its down and there is no sign of reverse at this time. ACAD will tend to be more volatile than the IBB, i.ei higher Beta, but there is a correlation. ACAD tends to follow the IBB, but with a higher Beta. ie more extreme moves. This may help identify a reverse.
ez all the CPA's I have ever known are really top of their game. One was the CFO for a company Coffee & Tea Leaf (? name), really smart people. They are not just accountants. Its not an easy degree. A BA degree in Business is way easier. An MBA is a great degree too.
With a Billion dollar drug on deck and a NDA pending this stock is going to make a major move higher in no time. Note she gives not one detail about which stocks, what % of the biotechs is over valued etc. This is a generalization and I think there are some Biotechs over valued, but ACAD is not one of them.