Brilliant. So you condone misleading investors and not generating returns? If my $24.50 was not safe, then why is your $17 today? Investments in companies based on public prospectuses are supposed to generate a return on investment.
He is incapable of leading a Company that generates shareholder returns. Even if you discount the rise to $38 and the plunge, this does not excuse stealing money from secondary investors who are down from the price of $24.50. We are supposed to have a return on this, not value destruction. Any other company with a decent management group, would have this stock much higher off the news from Friday. And frankly, it should never have been this low. Lets get this absolute moron out of the CEO position.
Great products, dumb management, absentee Board. We will have our day at $40, but not until they sell this company to a real management team.
The technology are doctors are good. They have a groundbreaking treatment. The stock should already be at $40. The CEO is the problem. Shorts are of no consequence. Once you break their hold, the stock trades better. We have done that today. The stock will go higher. Its just appalling that it takes this to get back to the secondary ($24.50) and we are still 50% off the highs.
If I worked there, I would have a) elevated the IQ of the Company and b) would have found a way to get Marucci the Moron fired.
Every time a CLDX manager speaks, the stock goes down. Absolutely a shame. At least the CEO isn't speaking. Maybe it will be down less.
We believe in the company and the technology, its just being held down by a substandard, if not criminal (?) CEO. When the Board of Directors wakes up and understands its liability, they will make a move and sell or replace the anchor that shorts are betting on- Marucci.
AM is the guy who keeps telling everyone else all s ok and that the naysayers are crazy. Every announcement, speech and presentation undermines the value. CLDX in the hands of a BMY or any legit management team would create value and more importantly- save lives. The Board is derelict in their duties by leaving him in place and not selling to professional management. All need to look into a mirror.
What is the Board of Directors waiting for? The news and most likely- future announcements are all bad. How does he keep his job? Where are the absentee Board Members?
His actions are anywhere from absolute stupidity to malicious intent. He has screwed over longs in many forms. He is a terrible communicator and now we are waiting to see whether he is presiding over a scam company.
It's time he goes. The US sent a message to the joke in the White House and now its time for shareholders to do the same with this borderline criminal Marucci.
Hey Scarecrow, take off the Halloween costume. Shorts in complete control. Where is your leadership? Where is your accountability for value destruction? Where is the Board of Directors? When will we unlock the $40 pps we should have right now? Please step down and let a real management team help us!
Everyone felt a little better as we climbed back from lows to a whopping $15. We are still down from $38 and more importantly, the fleecing of secondary shareholders at $24.50. This CEO is a buffoon and has not done anything to instill confidence or actually demonstrate where shareholder value is going to come from. He must be replaced with a value creating CEO or the Board must finally step up and sell to a real BioPharma Company with the team to produce results. Where are the activists to unlock the value of a good company with terrible management?
Terrible management. The worst CEO in Biotech. Sending out early stage garbage press releases. If FDA approval is too far off, then show some support by mgmt buying in the open market, or update on the late stage drugs, or SELL the Company to real management. Thank goodness Marucci isn't presenting at least. That's always good for down 2-4%. Just can't believe the Board watches and allows this to happen.
They sold a bunch at the $24.50 secondary less than 10 months ago, but no one- starting with the CEO, has purchased shares. Great leaders and mangers do- this guy and his minions would never be considered great. Quite frankly, they are as bad as they come. I am shocked that no shareholder lawsuit stemming from the $24.5 secondary has been filed.
Good. I'm glad we both agree that Marucci is an idiot. Problem is- He's an idiot. A not very well connected, ego-centric, horrible communicating idiot. He is over his skis and overmatched by big Pharma who will never allow CLDX to market. Shocking, but these things are manipulated and Marucci brings a water gun to a tank battle. I have been consistent that we shareholders will only receive fair value when there is a sale or he is replaced with a stronger Leader.
If we believe Marucci- and know one does- there is an update in November. He has had plenty of time over the last six months to buy shares. I agree with other posts, that granted shares are not open market, purchased shares. Any CEO worth a lick would have bought at $11,12,13 as a gesture after taking secondary money at $24.50. This guy is so weak and has stacked the Board with weaker incompetents. Marucci is a finance guy. He cannot communicate and is an arrogant #$%$. His Board is absentee. We are in a death spiral right now and those of us who believe in the pipeline just want to see a better company run by better leadership.
Marucci hosed us with a $24.50 secondary. Why aren't these criminals stepping up to buy at $13? Feels like a Madoff scam.