Indication intelligence, analysis and sector perception

RegMed Investors (RMI): burning investors, Applied Genetic Technologies (AGTC)

August 30, 2022 7:51am

AGTC closed flat at $0.42 on Monday with 866,956 shares traded after Friday -$0.006 to $0.42 with 398,300 shares traded, following 1/3/22’s $2.06 with 398, shares traded and 8/30/21’s $3.54 with 279,200 shares traded.

Pre-open indication: -$0.02

An utter CEO share pricing failure, while Sue Washer, CEO and President of Applied Genetic Technologies (AGTC) got a 2022 $185,055 bonus to her salary of $575,000.00 <8-K dated 8/26/22>. Looking back at share pricing history WHY does she deserve a bonus?

Investors are co-owners; she needs and MUST step-down or be replaced.

Also, investors should know about the toll of exiting employees, and severe problems with recruiting qualified management due to her management – serious investors won’t touch this PIG!

866,956 shares traded in one (1) day <3-month average = 1.256 M shares> defines dissatisfaction – KEEP selling, more shareholders need to STEP-UP to NOTICE this board of directors (BOD) and show non-support of this CEO!

Maybe she should consider spending her bonus on the company’s stock – INVEST or can’t you take the losses we investors have taken – I remember the stock price at $7.21!

35 companies, 1 interpreter!

Insight, foresight and recommendation

My motto … never leave an investor uninformed! I say today what others won’t, so you can do what others can’t.

My name is Henry McCusker; I endorse these opinions under my own name and with a subscription based membership.

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Editor and Publisher ... Henry McCusker enters his tenth (10th) year at RegMed Investors with past experience in sell-side analysis, buy-side management, corporate management and due diligence.

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