Well it looks to me like someone is very bullish about the upcoming quarterly as there is 4200 open interest in the $2 strike call option for July 17 2015 Pphm. Looking at the chart looks like someone may have bet 21k that the stock would be above $2. ( 4200x100 shares x .05) I have only traded options a few times by selling puts in order to either purchase shares cheaper on other stocks or earn income, so disclaimer, I'm not an expert on reading options.

If the sun was setting we would be down MORE than 1.5% today This feels more like traders buying/ selling on the ASCO event. To be honest I won't mind waiting a year for a buyout or HUGE news or a big paying partner. Taxes would be horrendous for me if it comes too early.

Back to the ATM dilution - my guess is that those shorting or engaging in event trading, attempt to get more longs to sell their shares by scare tactics of dilution. In reality, if my calculation is correct we haven't had much dilution this quarter. I'm also suspecting that the quarterly report this month is expected by traders to move the price up.

Question- I keep reading about the ATM dilution. However, don't you compute outstanding shares as market cap divided by share price? 242.95 / 1.29 = 188.33 M That hasn't changed since I started tracking it a couple of months ago. On the March 2015 quarterly - looks like there were 184M shares outstanding.

True, motley fool is completely different than motley crew - lol I have all their memberships and can tell you that they promote independent thinking. So much so, that I have seen one of their subscriptions give advice to buy a certain stock and another subscription advise to short it! That's why I bought all the subscriptions - to see all the motley opinions. They don't cover PPHM in any of their services. So this is an independent analyst giving his opinion and at the same time it promotes the motley fool service. In reality, most analysts aren't much better than fortune tellers.

PPHMVERYLONG can you provide more information on the previously failed clinical trials studies/outcomes? Did PPHM have the same vendor for those failed previous clinical trials as the one that was botched?

Thanks for the advice, much appreciated. Yes, Tampa, FL - were almost neighbors

I bought more today as well. Hubby already told me that if I lose the money I invested in this stock I'm not allowed to invest anymore and have to hand over my play money to our financial adviser. Btw, I'm from Tampa too.

I haven't really lost any money in the market because I have been well diversified with good companies. The rest of my stocks like gilead, tesla, facebook, bidu, visa, ge, disney, medtronic, jazz, etc did REALLY well for me this year. Even PPHM hasn't been horrible because I bought my biggest chunk recently.

What I don't understand about this stock is why it has a market cap of only 250 million. I'm guessing that avid will bring in 40 million in revenue next year and typically an emerging company sells for 2-6 times sales. So that would put the company worth 80-240 million just based on avid. If they get approval by April I'm guessing they could pull two hundred million revenue minimum for 2016? I just don't get why this is so cheap?? It really makes no sense especially in light of all the info that came out with the Trial. Yes, The verdict was disheartening, but the end result was a powerful delivery to the investment community that Peregrine was the victim of third party gross negligence. I'm not going to speculate on the why or intentions. In addition, the MSK collaboration hit it out of the park.

Sometimes I look at the stock market like a baseball game. The players always try to get a head start running to the next base before the hitter even hits the ball. But with this stock it feels like the players are either scared to move off their bases or feel more confident playing a different team for now. The problem with playing a different team is that the market based on PE, years without a correction, upcoming rising interest rates- is at a high. It's difficult to find stocks that have big upside potential. In fact, I went from owning 50 stocks to five over the last month and added to my PPHM position.

Anyway, long post without really adding value, just questioning what I'm missing.

Hi, i started investing in PPHM last April. A colleague was very excited about this company in 2012 and told me that bavi may be able to cure all cancers. At the time I was intrigued, but was too busy to invest. Last year I switched companies and had more time to invest and bought a negligible amount of Pphm shares close to the $2 high. As it decreased over the year I added more shares and am now finally in the green with this stock. I have been lurking on this board and yahoo just to see if I could glean any real info. Anyways, I just wanted to thank the people of this board for taking the time to post so much info, opinions, speculations (sometimes a little over the top ), reality checks, humor, it has kept me investing in this stock. I have mentioned the trials coming out to a friend who has breast cancer, and the hope of this drug is priceless. So, big thanks to all those who risk big money for a possible cure. I also wanted to give a big thanks to MD for his articles. I have learned a lot this year from this board.