Thursday, August 25, 2016 4:58:54 PM
Broadfin.
Do some research on them. They are now known as activist investors. In one of there last investments when they were unhappy with how a company was being run....and felt it was underperforming....they used their position to get 3 board members removed and replaced with who they wanted. And seeked much more changes than that.
http://activiststocks.com/blog/broadfin-capital-cardica
If Dan O'Connor is doing a lousy job.....or if he is not looking to maximize the returns to shareholders.....there is no better type of institutional investor that small retail holders can have in a stock than someone like Broadfin.
Beat up DO all you want....but don't think for one second he doesn't realize who took a large stake in his company.....and that the stock performance is something he can't care about.....or fool around with.
Maybe before Broadfin took a stake.....but he would be a fool if he didn't think it matters afterwards.
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