| Dr. Soon-Shiong seems to have a growing number of opinions, many political, and many scientific, that seem out of place, imo.It looks that he is also using his newspaper ownership in ways that don't seem appropriate. I've tried hard not to comment on his somewhat "truth stretching" views, but am finding it increasingly difficult to remain confident. I continue to like the science behind IBRX, but starting to doubt whether his claims are all founded in fact. Go back and look at his projections for milestone targets for growth in revenues, margins, etc. and none of the timelines have been hit. Instead of "transparancy" we get "silence." Not sure how much longer I will hang on, as I have a very sizeable investment in IBRX and losing confidence in leadership. Yes, IMMU was very similar, but in this case DR. S is the majority shareholder, there is very little institutional ownership on a % basis, and "transparency" is worse than it was with IMMU. Hopefully this will change in the near term, as it's getting harder for me to stick with leadership that might have a differant agenda than my own. Anyway, just my opinions, none of which are anything but that, and all of which are intended to send a message that total "transparancy" would go a long way in regaining my confidence. Good weekend to all. |
