did the career thing long enough.
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yikes. 12.90 on preferreds assume imminent default.
while bavi may work exactly as expected by tustin, proving it will take time and staff and money.
cash is still being used, and as far as we know, trials have not yet begun in the areas where hope remains alive.
which trial sites will be anxious to do new pphm trials after they wasted time and reputation on sunrise?
the clock is ticking on the 30-day notice from nasdaq, and that PR will go over like a fart in an elevator to anybody who hasn't been following the stock.
can the optimists here spell d-i-l-u-t-i-o-n? next PR will probably be about the R/S
i suspect there's plenty of time before anybody needs to worry about missing 'blastoff' or the 30 day wash rule.
i've found that, since AH last thursday, I don't stress about the market any more....but I miss it..
is the conference call transcript available?
CP...
if there is any intention on pphm's part to justify stopping the trial because of some clever plan to take the now-unblinded data through another avenue faster than a full trial would have allowed for, there is only one word that describes their action.
fraud.
i sold 3/4 just below .40 on average. might have been a mistake cuz Avid should be worth more than that, but as manipulated as this has been, I couldn't risk any more here since my wife is about to quit teaching and stop supporting me as she has the last few years since i quit workin' :)
16 years or so, holding out hope all the way...but i'll probably always believe it was sabotage, so i won't feel so bad.
it surely would have been nice if the science could have delivered extended quality of life.
something smells bad here, but we're out of bullets...
best wishes to most of you. (definitely not to all of you)
before i go...
didn't garnick know when to kill a drug?
don't buy what dart buys.
goodbye pphm, once and for all.
the board has been fun. good bye.
unencumbered late stage, earth-shattering , unique mechanism, locked-patent biotech with $30-$50,000,000 annual revenue subsidiary with +/- 50% gross margins.
$200,000,000 market cap.
something isn't computing.
by a long shot.
today's low volume gives no reason to trust .88 holding...
terrific seeing the ask at .90
more board members reaching for falling knives...
my fingers were cut off at 1.08. hard to believe they're still getting chopped below .88 and .89
cheynew...
;)
i heard nasdaq and IBB are up today, so we must be. i'll look when i get a chance.
why is somebody's algo working so effing hard to keep us at .88?
there obviously is an explanation. if tustin doesn't know who or why, that's enough reason to get a real BOD.
let me make sure i understand...
you were wrong about this stock for 10 years, but now you're right?
just sayin'
i thought it was relatively low risk when i bought more at Dart's 1.08 level.
wrong AGAIN
it does appear that somebody has been/is dumping. too many shares have been handled recently for index funds to account for the volume since they didn't have many shares to begin with.
either some of the 'family' folks had margin calls or somethin' bad is brewing.
my other crap holdings have already bounced significantly today, but we just go down, down, down.
then it would be another 4 years till they could make any decent announcements!!!!!!!
i'm accepting that this is not close to it's bottom yet.
holy cow.
(but it's my 2nd best performing stock today :)
great to see such confidence in the value of the company with the ask at .8905
it was only an email this time, and i don't expect a response. they don't care about my opinion.
i couldn't help it. i vented to tustin again.
subject: when will Peregrine EVER deliver on their own timeline?
15 years waiting for the BOD to meet a publicly stated timeline more than once is an awfully long time. Especially at this critical time, when Wall Street continues to refuse to recognize credibility in Tustin, how or why can the delay in updates on full enrollment (which DOES matter to some) and Avid's expansion readiness be seen as acceptable to you people?
After having been so wounded in the eyes of so many, your lack of effort in doing anything whatsoever to attempt to support the price per share is absolutely maddening.
I obviously do not want to take another massive loss here. I will need to take some money out soon, and if bavi actually works, I will be most unhappy taking a loss when there are numerous things you could be doing to legitimately prop the price up. My timeline matched what you told me to expect, and you are missing it again. And again. And again.
DO SOMETHING! I thought you might have gotten the message by now. Your arrogance is pitiful.
What is the plan?????????????????????????????????????????????????????????????????
OH MY GOD!!!!!
this is getting so old!!!!!!!!!!!!!!!!!!!!!!
tick tock tick tock tick tock
AAAAAAAAAAAARRRRRRRRRRRRGGGGGGGGGGGGGGGGGGHHHHHHHHHH!
there. i feel better now.
hedge funds are playing with several small cap biotechs in this market environment. undoubtedly has little to do with prospects for success of the drugs and much to do with using algorithms to move prices up and down where they can make money without adding any value to anybody but themselves.
he still is annoying, particularly when he gets up on his ideological soapbox.
as if his party was right about runaway inflation that would bring us to our knees over stimulus...
pphm needs some stimulus!
keep that glass half full, Cures :)
i won't be naming names, but they're small caps all in mid to late trials without any commercial products, and are potentially attractive as takeovers... that's the only kind of individual stocks i mess with anymore.... they're all volatile/fragile, but not like our beauty in the past 6 weeks.
folks, it's time to accept that the depth of this plunge is not because the markets are down. the plunge is cover for something..sinister.
none of my other fairly similar biotechs are down more than 15%... this sells bad.
why not wait till the .60s?
berk.. good to hear...
stone...
at this point, an r/s couldn't damage pphm if they have a drug that's worth something.
goat...
i suspect that they did 5:1 last time specifically so funds couldn't buy since they didn't get it to 5 bucks...they would have lost 'control' if pros could buy.
10:1 at that time would have brought in II, which they likely didn't want, and I suspect they still don't.
of course, if they had brought in II, they would have been sold out by now, and maybe my terminal brother-in-law (nsclc..found out on Christmas Eve) would be able to get approved bavi/combo by now, instead of spending his few remaining days dotting i's and crossing t's in his will.
while this BOD may eventually bring a helpful drug to market, their holier-than-thou attitude may have contributed to the premature demise of thousands over the past few and next few years by refusing to play ball.
i'm all for a 10:1 r/s. always have been.
realist...i never said the share price wouldn't be affected if the drug platform failed.
i simply referred to the bavi program currently being valued as worthless on wall street.
we're back to where the 'drug' platform has absolutely zero value. the market cap now reflects the sale value of Avid plus cash.
yikes.
i just dreamt that it spiked all the way up to .93!
we've started a strong move back up! already up .017 from the 52 week low!
who, by the way, is selling here enough to keep it in freefall? and why?
which month, no, which year, will pphm make a statement in defense of the company?
let's hear it for fiduciary duty.
IBB must be down another 5.5%....