Spec­trum's pen­ny stock takes an­oth­er hit as CFO qui­et­ly plans ex­it

A lit­tle less than 2 months af­ter pen­ny stock play­er Spec­trum Phar­ma­ceu­ti­cals took out the bud­get ax to chop off about a third of its staff, the CFO is now on the way out as well.

In an SEC fil­ing the com­pa­ny re­port­ed that Kurt Gustafson is off in search of new op­por­tu­ni­ties.

There’s no ex­pla­na­tion, just the stan­dard:

Mr. Gustafson’s de­par­ture is not re­lat­ed to any dis­agree­ment with the Com­pa­ny or its au­di­tors on any mat­ter re­lat­ing to the Com­pa­ny’s fi­nan­cial and ac­count­ing op­er­a­tions, poli­cies or prac­tices.

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