Sensible precaution is good jp. I tried to watch the video but it's not there. It was shortly after that date that AMBS came on my radar and I was waiting to see if the share price would continue to drop. It did and many here like yourself bought in. Since that time, with the BOA and BOD changing AMBS into a Holding Company, we are in a much better place to spinoff assets. There is much more Intellectual Property involved now in the Diagnostic's division too. I am glad it did not spinoff that early. 300-500 Million would have been a song based on 10-20 times revenue a year from now. I don't believe they were in a good position to sell the division at that time anyway. Not sure what he was thinking.
GC could have been forward thinking or just being a salesman for the stock or both. I am glad the current team seems to have a good track record of maximizing assets. Sensible precaution is good.
Did anyone else notice in the very first 20 seconds of yesterdays call, GC announced AMBS without the words "Holding company" and someone on the team stopped him mid sentence to make sure he said that. The Holding company strategy is going to payoff big I believe.
If the science proves itself, its a no brainer.
Thanks for everything jp.
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