RE:RE:RE:SPCEO1 on the sell side now ?While many here are big fan of Tanguy I am absolutely not. yes he closed the deal for the cancer which was at the time at best a lottery ticket with high price tag now it looks like a more legit investment but it could have gone the other way and still can.
He was the guy projecting 5 to10 times Trogarzo sales vs Egrifta well 3 years into commercialization of the drug we know now it is not going to come even close to those estimates and Mr T and his team early into the process realized that but failed to inform the market, we saw the SP declining Q after Q until
more than a year later they eventually adjusted their estimates and SP got beat badly, if they had made that adjustment earlier the SP would get hit once from double digits and would settle down at higher levels also they lost tone of credibility by holding back on bad news.
I am much more comfortable with Paul being upfront for instance he decided to issue a profit warning last quarter and made necessary changes to reverse it and yes it paid off. I was hoping he would replace some of the upper management team with more competent folks by now but maybe the pandemic is restraining him from doing that. I believe Paul is the most competent person in this company surrounded by....
FredTheVoice wrote: Should we call back TANGUAY ?
Lets see, I am not as negative and emotive about it all..........I think the board lost it here.......
We will all know pretty soon who's right......
FTV.