PARS... Fly with the eagles,
and sometimes get sucked into a jet engine.
As Dew noted your points are excellent.
If I may add one more observation -- I'll be vastly more hesitant in the future about rationalizing massive insider selling, and a BOD with virtually no ownership stake. In the luxury of hindsight, these were red flags the size of Wyoming.
On the positive side, I am very glad I sold, sold, sold on the way up. At this point, on a net-net basis I'm still up about 25% during 2 years. But those Ph.III results were just killers. I just need to get my wife to agree that you can't "lose" money you never had. :)
rkc
