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Perhaps someone would want to ink a deal slightly earlier. After the first peekie, BP's leverage shrinks.
In accordance with #2 of your analysis below, I care about the year in which the promised partnerships are coming to fruition. But maybe it's just me.
Lol. But isn't the year 2017, for example, a year in the singular sense, and also one that is forthcoming from the perspective of one speaking in 2014?
Certainly an "if," but possible, imo.
The CA was over before the calendar year, but then it was appealed. In my non-professional opinion, the plaintiff's appeal brief was extraordinarily weak, so the only rational reason for them clinging so stubbornly (and seizing every opportunity to delay and drag out) is to act as a wrench in the machine and hope to extort a settlement by threatening to delay progress. Of course, it would take someone with inside information to know that there exists a machine in which to toss a wrench, but it would also take someone with inside knowledge to know about the partnership negotiations with AbbVie.
Applying that standard, it could be read to include any entire year subsequent to 2014. Which is to say, disingenuous. So let's not through frivolous the word frivolous around in such a frivolous fashion. ;)
Giving SK the benefit of the doubt that he lives and speaks in the FY world, "over the next fiscal year" still would have been more precise, especially since at the time he was nearly two months out from the start of the next fiscal year. But if one really parses the language, "coming year" could refer to the next FY. We'll know in about three weeks.
It was actually used during the Q3 2014 Results Earnings Call on March 7, 2014. The term "upcoming" was not used.
From transcript:
Guessing we are at the point where no matter how one defines the term year, we can say that partnerships have not come to fruition.
Partnerships? Fruition? Year? King? King? Anybody? King?
Wonder what's moving the price. Fruition? Year?
Looks like those partnerships that were coming to fruition over the last year still aren't coming to fruition until at least next Monday. All imo.
Hmm...lots of four decimal place trades.
Perhaps the most telling event today was the TD Ameritrade posted an "Option Alert" for a 1027 contract trade on their news feed. Last February they posted a bizarre reference to a Unemon post that seemed to be nothing but cover for someone needing a reason to justify taking a significant position. Something is up. All imo.
Very general exposure for immuno-oncology, but otherwise uneventful. The only potential positive is that it could indirectly point investors who do their homework toward PPHM. Just wasted my TV quota for the week.
The Sock Puppet would freak!
A bad day for Share Builder. Volume is back in the "significant" range.
Sock Puppet will have a cow.
Looks like they're messin with somebody's lunch. <g>
EBS - What do you make of today's action?
It could come any time over the next year, for any number of reasons, or for that matter, without any apparent reason. All imo.
I think it's safe to say the none of the potential catalysts happened.
Good point. It must be this week then!
And they managed to hold PPHMP at $25 or better until the common shares were shorted. How about that? All imo.
Did SK mean the close of market this year, or midnight? We want to be sure to give him the benefit of the doubt.
I'm just concerned with the terms "partner," "fruition," and "year" being used in the same sentence. Not much time left for this year..
All imo.
Wow...there must be some pretty big partnerships coming to fruition this year if they are going right down to the wire with the announcement(s). Must be lots of details to hammer out.
Just sayin.
Got to give management credit for forgoing any time off during the holidays in order to bring those partnerships to fruition before this year!
All imo.
Anything over $20 would be all hype, and will fall back into place when the day & swing traders exit. Sale potential for NSCLC can be readily quantified and SP will be reflective of that. What can really move the needle is partnering on all of the other IP that you mention. And if the company is still "going at it alone" when they get FDA approval, they will have BP suitors lining up at the door. All imo.
Hopefully the capacity will be for Bavi. CM as a stand alone is also profitable. Maybe they also want to take some idle cash off the balance sheet and build some assets other than IP. All imo.
Maybe someone will need to get the preferred price back to $25, and then get the common PPS over $3.00 so the lucky holders of the preferred shares can establish an arbitrage position by shorting the common at $3.00. All imo.
13 days remaining for partnerships to come to fruition this year.
Somebody fat fingered a bad trade...or maybe something is up.
All imo.
The only thing worse than someone jerking with the price is nobody jerking with the price. At least something is going on. <g>
Probably makes sense to already own the capacity in a validated facility. Disposable technology also affords maximum flexibility and accelerates start up ...no cleaning validation, etc. All imo.
Probably don't need shorts. MMs can accomplish that on their own with no buyers. All imo.
biopharm - you hit the nail on the head. Why are they doing this now? Also, disposable technology is plug-and- play, i.e., quick start up.
The question I have is why they have a current need more than double manufacturing capacity.
Hey, aren't we about due for something completely inexplicable and unexpected, even if only for a day?
Agreed. It's just hard to gauge the genuine volume during a rally nowadays. Algo-bots piling on for rebate money distort the market and imo also help hold the SP down. I could do without the additional "liquidity."
Or 3MM even....of real volume.