Management changes are a complicated issue
What here is so complicated about it? I suppose you could theoretically get a worse management team especially given that the board is unlikely to get voted out(are Nick Leeds, Jeff Skilling, and James Cayne looking for work as this board is impressed by their credentials) but its very unlikely.
Also management have a greater incentive to sell their shares once they have left the company.
Best buying dip to buy on ever then.
Cox and mgt have established ties with potential partners
Heh heh heh that old song and dance. Hes got a great deal on the Brooklyn Bridge and some wood from the true cross as well.
with GENZ, if they left all that would have to start over.
Since a real possibility exist hes a Hudsucker Proxy agent for GENZ you've just given another good reason why him and the gang should go.
You might consider that no matter what management GTC has, the course of their stock would have remained the same. Surely Cox would rather have GTC be a big winner; he can only get the deals that others are willing to offer.
There is very little evidence he gives a s***.
But in a practical sense, entrenched management is virtually impossible to remove, the typical response to bad management is to sell the stock and move on to a company where you like the management. Everyone complains about mgt when a stock is at an all time low, they never seem to question why they themselves own a stock at an all time low. I guess if you blame mgt you don't have to blame yourself.
Atryn's potential revenues are huge with DIC & possibly stroke/heart attack which makes this a bargain IF Cox and gang are removed.
Even companies with no chances of success will eventually double and triple in price at some price point
If they announce the firing of Cox I wouldn't be surprised if it opens at double the price the next trading day.
