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07/23/14 2:30 PM

#10680 RE: railroadman #10679

The next earnings report is meaningless - the only source of revenue is Edgemont and they have clearly shown they can't make anything out of this opportunity.

No the only real impact event - potentially for a year or more - will be the new CEO announcement.

If they somehow manage to not only figure out the right type of person that this company needs - but can then somehow convince them to come on board - you could see the stock move up.

If though they pick another person who doesn't have some street credibility - meaning strong pharma management background - this won't go anywhere.

That announcement is probably at least a month away though considering they didn't begin searching until this week.