But I certainly do not think Denner thought this was going to be an impossible situation or he would never have been buying this stock when it was over 4 dollars a share. Remember he thought it was undervalued at 4.50 a share. There is no possible way things can by going the way Denner thought they would be almost two years in. The fact they approved a buyback shows they had no idea or were totally blindsided by losing the USA contract. But really that is not all that shocking given generics and it might not be the last contract they lose. Nobody in their right mind ever thought in a million years this company would be in the current position it is in when Denner took over. At least going of the posts when he took over it was nothing but pure optimism and talks of 15-20 a share BO on the stock.
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