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.
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!
Great Company, terrible management, but products that will save CLDX despite its leadership. We are on our way to $40. I look forward to the day we wake up and shorts have to deal with a $20 jump in sharend again, if only Marucci were gone- we would be there already.
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.
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.
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?
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.
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.
I thought we quarantined him?
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.
We will have our day with shorts and a proper share price. What continues to be shocking is-how poorly Marucci runs the company and how he allows shareholders to toy with the price. It has been the case and will continue that this company, with multiple drugs in advanced stages, run by a quality management team would be at $40pps already. Merry Christmas to longs, bah humbug to shorts and the inept team running our company.
Simply the worst CEO in Biotech. Santa only rewards good CEO's who make their shareholders stock price go higher. Not pieces of garbage who pay themselves well, never buy shares in the open market and systematically destroys value. Not to mention the complete hosing of shareholders who bought @$24.50 in his 2014 secondary offering. Add in crony capitalism with his Board of Directors and you have not made this a very happy New Year, nor a very Merry Christmas.
I am sure your kids have nice gifts paid for with your unearned pay. The rest of us will just stare at our Yule log. Merry F'n Xmas.
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.
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.
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.
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.
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?