Are you joking? Look at how many class actions are occurring because targets have been made by managers and then revised down or even cancelled. Just a couple of recent ones that spring to mind are Blue Sky and Retail Food Group.
I think it is fairer to call him out IF his revenue targets are not met rather than on a funding comment that was made when he may have been of the belief that monies were coming in (such as the proceeds from the sale of part of the Immunology business) or progression of other components of the company (new products, TAVR etc) were going to be further out on the time horizon.
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Are you joking? Look at how many class actions are occurring...
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