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Oncolytics Biotech Inc. Message Board

pwstan 2 posts  |  Last Activity: Feb 15, 2014 6:52 PM Member since: Feb 23, 2000
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  • Reply to

    under 3 $

    by max40 Feb 13, 2014 9:17 AM
    pwstan pwstan Feb 15, 2014 6:52 PM Flag

    You say "what can management do?" The answer to that is tons. Have you looked at all as to how they've managed the 101 fiasco? Have you looked at all at the length of time their letter to the FDA regarding response to there 427 compound has taken (they promised it to be done before the holidays), have you looked at the astoundingly bad deal they made on theire Erivedge drug and the subsequent poor enrollment, have you wondered why they licensed a drug from Pfizer for 10 million dollars that Pfizer has given up on, have you wondered why the CRIS staff has incredibly simple milestones to reach to assure themselves of absolutely gross stock options and bonuses, have you looked at the BOD salaries (for a couple of hours of work each week) and wonder why, have you looked at insider purchases and see there are virtually none (if the management doesn't believe, why should anyone else)? And there is so much more!!!

    No, you are either a newbie, or a very naive investor. You choose. It can only be one of those.

  • Reply to

    under 3 $

    by max40 Feb 13, 2014 9:17 AM
    pwstan pwstan Feb 14, 2014 5:48 PM Flag

    Yikes! You must be a newbie (under 2 years invested). Longs know that what is said in a CC is in no way believable. Ali still has to prove himself, and he's sliding into negative ground very quickly. Passeri has proved to be incompetent as a leader (incompetent, at best). The BOD are just a bunch of scabs and money mongers that use CRIS as an ATM machine. Think about which of the management group and the BOD have done open share buying. Almost no one. And those that bought, bought far less than you and I.

    We need new management and BOD. The "stuff" is there, but no one knows what to do with it. Seriously!!!

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