Sure, but to simply look at that 60% share price decline from...

Sure, but to simply look at that 60% share price decline from peak (Feb 2015) to trough (Feb 2016) is a very selective way of looking at things. I'm guessing you had no problem with the ~350% share price increase from Feb 2008 to Feb 2015? Or what about the 1000% share price increase from IPO in 2002 to 2015? My point is that you can't have your cake and eat it too, which is to say it is not reasonable to expect the boom years (like 2012) without also expecting the bust years (2014-2015) because that was an inherent feature of the old business model which invested in a small number of high value cases - you were inherently exposed to very high volatility in profits and to somehow pretend that idiosyncratic risk was somehow all the board's/management's fault when it came home to roost in 2014-2015 is being rather naive, i think. Management control the business, not the share price, and if someone chose to invest right at the peak 2-3 years ago, that's hardly management's fault.