Avid Bioservices Inc (CDMO)

[The Other Guy]

If the price of the common was going up I'd suggest, as an optimistic possibility, that someone was exiting pphm for the common. Just another sign of the impending rapture.

Right. But both are going down. While I do not think it is because of a negative event (eminent or otherwise :) ) I do believe it is, as 4Our suggests, someone looking to get a better deal than Peregrine is willing. And while I do appreciate any attempt by management (seemingly feeble or good-intentioned) to gain maximum value for us shareholders, my fear is Steve and management may have been out-witted with the pull down of both PPHM and PPHMP in this chess match.