If anything, we are under reacting.
JT sounded asleep at best, a stroke victim at worst. And that's just his voice and tone, not the content.
This is the only update since the loss, the PR was not an "update" because it didn't actually tell us anything other than they are considering making a plan to draft a roadmap to create a plan.
This is two years post reduce-it and JT still cannot even, as Meowza said, be bothered to rehearse some canned answers to softball questions.
His use of excessive filler words ("you know") is pathetic. It muddies the message.
He didn't answer any of the key questions (and I have yet to see answers to the "email questions" that was promised)
He failed to convey any sort of excitement
He failed to convey the current sales opportunities
He failed to convey the huge potential of Europe (because, again, his piss poor speaking skills muddied that message)
He failed to deliver shareholder value. In fact, he failed to reassure shareholders at all
If one was to edit out all the "you knows" and other garbage filler, then the transcript is still mediocre, but not bad. When said coming from someone who sounds like they have a mouthful of marbles, and the point takes twice as long to reach as necessary, that's garbage.
Fire JT, Sell Amarin
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