Referring to Amarin's PR this morning, lets dissect it for a second. Amarin mentions that Denner's previous board candidates were Junior Employees with 5 years experience. Do you believe or doubt Amarin's statement? If true, what does that say about Danners Plan? If not true, does it matter? Let's say for the sake of argument it was true, that his candidates weren't veterans, they were relatively inexperienced?
Id rather have some younger execs that want to run hard and make their millions and reputation rather than some worn out crusty fart like PWO who is already a multimillionaire just looking to skim more easy money on do nothing BODs.
We're an ocean. Waves, currents, wind, thermals. All directions all the time. Even culling the best ideas here, there is no uninamity of direction. Only a unaminty of purpose; best return possible for the investment. But the time and place in our lives is not uniform. How do I value the need for return on my $16/share investment in an IRA vs my $1 a share investment in a taxable account? My need for cash next month Vs next decade?
I'm sailing where the ocean takes me. I'll vote with what I think best favors me, but I'll go where the predominant results dictate.
This is a learning experience as is much of life. I await to read more...