your concerns are warranted. in this crazy market anything can happen and common shareholders are the last to know. so its always best to all agendas as a possibility.
yes,..institutional ownership is at 55%.
i have no idea what Applied Medical purpose was for purchase. 2012 was quite a while ago and only thing that comes to mind is whatever Cardica was apparently presenting to Applied Medical, they, A/M, viewed Cardica as an investment opportunity. who knows,..maybe there was something in the works for both companies to collaborate ???? i really have no idea. and why they sold ?,...no idea.
yes,..i agree with you. i see CRDC as a better than a 50/50 chance of shareholders to receive value. i especially like Kotler actions. very, very positive.
invest at your own risk, based on your own due diligence, at your own risk tolerance