What lies will be spewed about today? Upper level management in this company, Berns, Schick, Smith, etc really don't give a flying F about any of us. We were sold a bill of goods by a collective team of schmucks who were in WAY over their heads. How this stock went from a high of nearly $10 per share to a "sold" price of $2.44 is a crime against humanity. The CEO guides the ship and should have been thrown overboard a very long time ago. He will sail off into the sunset, not quite as rich as he wanted to be, and has secured a role on the BoD of the new company. How convenient. If he had balls and truly cared about any of us, he would have struck a much better deal. He downright hit the panic button, and saved no one but himself (and probably Chief Ball Licker/Taint Tickler Gary Allen). Lesson learned here is never trust someone named Paul Berns, Mike Schick, or Tim Smith. These guys need to buy a clue on how to manage and motivate a sales organization. Get out in the field and see what we are facing every single day. Talk to the providers and patients about this disease state and what it's like to be given a death sentence. Management by intimidation does not work fellas. And when you are going to bend us over the sink and stick it in our ass, at least give us the God Damn common courtesy of a reach around.
http://www.nasdaq.com/aspx/company-news-story.aspx?storyid=201107211537bizwire_usprx____bw6750&title=bull--lif@#$%z-llp-announces-investigation-of-allos-therapeutics-inc#ixzz1Sm3c2IY0
Smith has nothing to do with this. Put the blame on Burns. And.. Please when you talk about displacement and severance have the balls to do it on a conference call, not an F'n piece of sh*t town hall meeting where you can't hear sh*t. Amag at least has the balls to tell their reps there will be 75 territories. Give us a retention package or you will have no one with any experience left. If there is no retention package, writing is on the wall!!!
LOL retention packages....Ha! Severance packages LOL. Amag is a company that downsized last year fired 35% of the company did not pay them their earned bonuses, small severance package. Scum of the Earth. I am looking to get out now, there is nothing to wait for,......This company is a joke.
Bottom line: Dont listen to management. Do you think they will put anything they tell us in writing? Hell no. Prepare for the worst. Its going to happen in November. I predict about 20 Allos folks being kept at most.