Avid Bioservices Inc (CDMO): Actually, to be more specific, PCYC was...

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geocappy1

Re: biopharm post# 204653

Saturday, 01/31/2015 7:28:22 PM

Saturday, January 31, 2015 7:28:22 PM

Actually, to be more specific, PCYC was at 13 and brought down to .79 and then back up to $170. Point is that it seems this has happened to many biotech stocks. People can listened to the venom spewed or look at the history of these types of stocks.

What does it mean for pphm? Not a damn thing but it does say that biotech stocks are capable of this type of movement at that is why people invest in them. Not for the coupon and guarantees.

On the other hand, time is money and each day that goes by and money has to be raised we all all are losing some of our future dollars so I don't agree with those who say the pps doesn't matter in any way. Dilution does matter and the lower the pps the greater the dilution. We should all agree with that and I am sure the accumulators of the stock know it.