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Thank you CP! My heart thanks you!
Honestly, here in Italy, I've never seen PPHM make price so early in the morning. It can be a sign that today there will be good news? Or maybe it doesn't mean anything ...??
In any case, in an hour or two, we will know!
I believe that the price of $ 0.57 is incorrect. I remember a few years ago (pre-split) I woke up with a price of $ 22, I immediately called my bank but they told me that it was a mistake, that the price that they saw was the price at 1 dollars of the end of the day before.
So I hope and believe that there is no need to worry.
imho.
Freerealtime.com also shows 2.20 premkt for 400 shares. Bid 2.00 ask 2.50.
quotes.freerealtime.com/rt/frt/Q?IM=quotes&symbol=PPHM&type=Quote
In the nasdaq.com site, if I select real time, I see 0,57 dollars. But if I select pre market, I see $ 2.20. This morning when I saw $ 0.57, I had a heart attack! :)
Really strange, maybe some failure of Nasdaq site. For now, no bad news.
2,20 DOLLARS for google (pre-market). I really don't understand!!
pphm google
0,57 Dollars?????? What's happen??????
pphm nasdaq.com
SO far it looks like AF has lost some followers unless his latest attempt on leading a bear raid is set for a specific time. Maybe they are waiting for the west coast guys to wake up before they strike
My only certainty is that SK & C. can't be so stupid as to issue a PR ten days ago, knowing to communicate things that aren't true. After September 24th, we're under the magnifying glass, and issue a statement false now would be really stupid and useless to anyone. You don't tell me that SK & c. will gain something from this situation, because if it were true, the only thing that they earn is going to jail.
For now, full confidence in SK and PPHM.
IMHO.
I asked the same question to myself.
I still haven't found an answer. I remember that AF had predicted the cancellation of the conference at CS (if I remember correctly). Leak or just delusions of leadership of AF?
If we had been removed from the NASDAQ, we would have lost it all a lot more money.
Imho.
Opsssss!! LOL! I swear that I had missed your post!
Maybe in the next PR they will write something like: "Ok, and now for Hellassss and Wook, we communicate to all that our partner is ....."
LOL
The more time passes, more creeps an idea in my head, or maybe just a dream.
I have asked myself many times in these days that could mean the PR of 10 days ago. PR very “vague” without numbers and without conclusive results. They’ve informed us that some data may be saved, but without giving us anything definite.
At this point I asked myself: what was the utility of the PR?
1 - they wanted to tell us that the data can be saved. OK, but why not wait until to get hold of all the numbers and the possible explanations? Can’t be, imho...
2 - they wanted to deceive us, hoping that shareholders we did bump up the share price so they could do their bad trades. OK, but honestly I think it’s stupid hypothesis and more bad movies than from reality. Can’t be, imho...
The belief that I’ve in my head (or maybe it's just a dream of mine, who knows) is that it’s true the point number 3.
3 – “they wanted to get their hands on”. After numerous class actions against them, now they want to do things right. I think the partner is already there. I don’t know who is, I don’t know whether this rather than that. But I think the partner is already there. With the latest PR, they wanted to allow everyone to get on board, so that nobody could say that they had done things in secret. Now everyone knows that the data can be saved, then no one can say "we didn’t know, you have kept hidden things to make your business."
For me, negotiations has already happened (or is imminent), and in the next few days we will release those who have decided to enter into our capital.
IMHO (probably just a dream).
PS: English language isn’t my first language, even the second and probably not even the third. I hope that my reasoning is at least minimally understandable.
I understand your point of view. It's not always easy to analyze life only with rationality. Me too, after ten years of investment in PPHM, sometimes I'm overwhelmed by doubts. But then I tell myself that if I'm still here is because I believed and still believe in this story.
And then I'm going to re-read Cloack analysis, the most rational man in this forum and that always manages me to give a reading of the facts that I alone would have found it hard to see.
Great post!
Many times dreams come true! ;)
2.20 EOM
Calm for now. eom
Today we close green. Imo. Eom.
January 7, 2013
Peregrine Pharmaceuticals Provides Update on the Internal Review of Its Phase II Second-Line Non-Small Cell Lung Cancer Trial
Preliminary Analysis Supports Advancing Bavituximab Into Phase III Development
TUSTIN, CA -- (Marketwire) -- 01/07/13 -- Peregrine Pharmaceuticals, Inc.(NASDAQ: PPHM), a biopharmaceutical company developing first-in-class monoclonal antibodies focused on the treatment and diagnosis of cancer, today provided an update from its internal review of discrepancies from its Phase II randomized, double-blind placebo-controlled trial of bavituximab in second-line non-small cell lung cancer (NSCLC) in 121 patients. The review was prompted by the discovery of vial coding discrepancies while preparing for an end of Phase II meeting with the FDA. The internal review included a thorough operational review of multiple third-party vendor operations at sites worldwide, testing of investigational product used in the trial, additional patient sample testing to determine drug levels and a review of immunogenicity testing results from the trial. The results of the extensive internal review indicate that discrepancies are isolated to the placebo and 1 mg/kg treatment arms of the trial and that there was no evidence of discrepancies in the 3 mg/kg treatment arm of the trial.
"Our goal in undertaking such a comprehensive review was to understand every aspect of this clinical trial," said Jeffrey L. Masten, vice president, quality of Peregrine. "Due to the complex nature of this trial, this was an enormous effort involving multiple third-party vendors and thousands of product and patient samples obtained from three different continents. Specifically, we sought to determine the cause and the impact of any discrepancies within the trial and to verify every step within the drug product distribution process. We believe we have accomplished our goals in obtaining a more thorough understanding of the trial and we are very pleased with the outcome."
Based on the results of the internal review, Peregrine is taking a very conservative approach toward analyzing the results from the trial which included combining the placebo and 1mg/kg arms into one treatment arm (control arm), and comparing those results to the 3mg/kg arm. This analysis indicates that the 3 mg/kg arm continues to show favorable tumor response rates, progression-free survival and overall survival (OS) over the new combined control arm. Peregrine expects to announce more detailed results from the analysis in the near term when it is completed.
"The results from this comprehensive review have provided a better understanding of the outcome of this trial. We believe that these results of our internal review and subsequent data analysis support advancing bavituximab into Phase III development for the treatment of second-line non-small cell lung cancer," said Joseph S. Shan, vice president, clinical and regulatory affairs of Peregrine. "We are now preparing for discussions with the FDA and worldwide regulatory agencies."
"With the results of this review in hand, we are now in the process of updating potential partners and moving the program forward," said Steven W. King, president and chief executive officer of Peregrine. "Looking ahead, we anticipate data from seven ongoing bavituximab trials in different indications as well as results from an imaging study based on the same novel target."
Ten years ago. Ok, for me no satisfaction in 10 years, but I'm still confident. I don't know if ten years ago I splurged falling in love with this company, now would seem so, but I think that the future can bring satisfaction.
This is true in life in general, as in my investment in PPHM.
Probably in another 10 years I will see the situation differently, but for now I remain with my initial intuition!
GLTA!
If a thing has never happened, does not mean that it can not happen in the future.
imho
I am long in PPHM for about 10 years. Reading the comments of the last few days, I have a doubt.
The new ATM, it may have been done because they want to go (or should, if there is a satisfactory partner) into Cotara phase III alone? Could it be that these days they are selling shares at the market to start a phase 3 of Cotara alone?
It might be a silly, but in recent days I have built this thought in my head.
I still can’t figure out if it would be good or bad for us. Perhaps, would be a bad thing (more dilution at a low price), but at the same time if Cotara will be approved one day, could prove to be a stroke of genius.
IMHO
With you at 100%, imho. Exciting weeks and months are coming.
ps: where are you from?
Honestly, I hope that we remain at this level for another 10 days, so I will have more liquidity to increase my position (I think for the last time).
I've been waiting PPHM 10 years, I hope that now is PPHM to wait me 10 days!
No PR pre-market: honestly, I'd bet yes.
Ok, amen! We look forward to closing!
The risk to go back down into the depths there will always be. It’s happened many times in recent years, and I -like many others-, we are always present here, on board at the PPHM boat. I think there will be a PR Monday morning (afternoon here in Italy). Just my feeling, otherwise I would be a strange choice to make public the accounts after the market closes and not before.
For sure next Tuesday we will have a slightly more clear what will take place in the coming months, for better or for worse. I always thought PPHM could make a day the history. Maybe I will die in 100 years with this hope, but I believe it. As CP I think PPHM may become the Microsoft of the future, changing the tables to many people.
imho and I hope iCPho
At this point, I think and hope that we don’t receive any news until a day or two before Q2 2013 Earnings Release.
I hope that they will take all the time necessary and then they will act in an intelligent way and timely. I don’t think it is more a matter of a month or two, the important thing is that this time they are able to explain convincingly.
In the events page on the site I not find any upcoming appointment. Some of you can tell me what is the next date on which it is expected that the BOD should be present to speak in public?
Ps: sorry for my english.
I understand very well that at this moment BOD do not have accurate data to give us investors, but I think that this silence does not help us at all. We need some good news! Wake up, King! I have patience and time, I'm not going to sell my shares, but we all deserve at least an explanation of reassurance or less incomplete.
I have made myself the same question. Or they already know how to replace the credit, or do not know how to explain this.
IMHO.
I am PPHM shareholder. But Warren NOT NEVER acquire shares in a company like this!
IMO.
I'm not very familiar with the procedures, but my small consolation for the announcement yesterday evening. Not made in open markets, but in AH. I know, does not change much the substance of the facts, but at least they did the right thing at the "right" moment.
We'll see the opening of today, fingers crossed.
Tanks for the good answer.
I'm a small investor from Italy. I'm in PPHM from 10 + years. I am following this forum for many years, but only recently I decided to participate (mostly because of my bad English).
I didn't sell my shares after the split, I have not sold at 0.38 and I have not sold yesterday (although I must admit that it was shocking to discover that the pr I thought the much-hoped-for partnership concern was rather bad news that gave us a tremendous blow to the stomach).
It 's frustrating to see all this market movement and not knowing what's going on! Would be enough to put a statement by the CEO for clarification.
I know, we just have to wait. At this point, if they want my shares they have to come to Italy to take them! (I'm kidding, of course ...)
For now, for sure, I will not sell, I'm too curious to see how it will end this soap opera!
IMO
If bavi works, it will show up in the next reveal!
Just my dream / hope ... Roche / Genentech know very well Garnick. Garnick knows very well what is going on with the errors of the trial. I hope with all my heart that Garnick has told Roche that Bavi works.
My other dream / hope: may be that after yesterday's purchase, today, another BP interested in PPHM have decided to take positions inside the company?
I repeat: these are just my guesses based on nothing.
Sorry for my bad english ...
I've already have stocks halted. But they had been "halted" until the situation has been clarified. Many days of "HALT". Why SEC today has decided to remove the "HALT"? Maybe someone has assured "help" to cushion the fall and resolve the situation? There may be someone who knows the data from all the other studies that have decided that today was just an isolated mistake? I don't know, I hope so. It's not a simple situation, we just hope to have some 'clarity as soon as possible.
JIMHO.
Can anyone tell me what time it would be the CS conference?
It 'a joke?
It's a strange feeling, I want to know right away what's cooking! Hopefully it is a delicious dish for us!
I suspect it's going to get a takeover. I hope for our interests that it's only a partnership, a takeover would not know at what PPS may be.
We'll see and keep our fingers crossed.
IMHO of course! Only feelings from Italian Long Holder.
I sent the check today via airmail. You will receive the money directly from Italy.
ps: how much luggage is allowed? I'm going to bring some samples of Bavi and Cotara to tighten some alliance with the BPs of the moon.