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Not sure if its even possible... but I wonder if the company is allowed to change ( move the date up a couple weeks ) the ASM?
I only speculate this due to the fact if they are close to getting a majority of votes and actually reach approval... and if they can just move the date up and officially vote all matters in early?
Maybe its not even possible... but thinking out of the box as usual
I don't think it would happen but thinking of all scenarios on how this is going to play out
I agree...
"I expect a run at $50.00 within 6 mnths of the partnership being announced. "
Hope everyone enjoys the show over the next 30 days : )
The band is a tightening....thats for sure. Will have to see if she keeps tightening or is she ready to pop a bit. Would be nice to stay above water...$1....
Website: itsy bitsy change....
now says: "Details on upcoming events are not yet available."
... could be their friendly way of saying... non-disclosure quiet time : )
http://ir.peregrineinc.com/events.cfm
I agree... Peregrine is worth way more than $30
The Bavi platform alone is worth much more than $30 ...
I am looking forward to see how this all unfolds!
The slate is wiped clean for Peregrine...they no longer have to attend any conferences since they did such a great job up to this point...especially in Chicago.
Mr. King: " We are completely booked this month... we really did try to work around our previous engagements to fulfill our duties to our shareholders and maximize shareholder value... but now we have more BP's all calling back saying they think we will like their latest .."final" offer. Whomever is updating the website please remove all upcoming events.
Corporate Communications: "Yes sir... Which BP is flying in this Friday a.m.?"
Mr. King: "BP "X"... they heard Roche and BP "Y" was ready to make a deal and they know now Bob ( Garnick ) and the G. man ( Gerber ) were not getting all excited for nothing.
CC: "It was a Gold Standard trial...what more could they want?"
Mr. King: " They are just used to making a deal under their terms....and they didn't like us setting the boundaries and terms when they mentioned buyout. They know we never wanted a buyout and regional partner ship was the best way to maximize value but this BP is being greedy in my opinion. They don't want to control the monopoly in a region... they want it all. Anyhow... Peregrines terms are final if we go this route.
CC: " I think their latest final offer... was offered because of all the shareholders... IHUB board for one gave one of the largest buyout prices and they slightly raised on that price"
Mr. King: "Its a good thing they are not on our negotiating team... they would have given away the company for less than half what we will make if all goes as planned"
CC: " Well...I don't think we need the meeting Friday... or in Europe for sure... will take that down right away Mr. King"
Mr. King: "By the way... who owns that Caddilac Escalade in the parking lot?"
CC: " Oh... mine sir, just picked it up this weekend... they allowed me to purchase it on margin"
Mr. King: You belong on the message board son!... I told everyone at the beginning, wait till its final before any non-sense spending around here ... and nothing out of the ordinary!"
CC: " Sorry Sir... really am... just figured mostly everyone knows, well the guys on IHUB already are aware a meeting was cancelled due to personal conflicts and..."
Mr. King: "What??... They are like the Pappa Razzi following our every move. I can't wait till this deal is done!.. I just hope we can make it thru this without being talked about on that crazy Cramer Mad Money show!"
Another reason its a trap... we thought bear raids were bad under $5 ... well its much more likely that hedge funds/much larger size funds are looking at this stock and they have the backing to force a stock in a direction we may not like.... just brings back bad memories of DNDN
I hope it doesn't happen... but its best to try and have some liquid cash on the sidelines just in case
one point to consider... a complete buyout is still possible... because we were never given the data regarding complete responses... or whatever they want to call it, though the BP's have seen this and that data may be trending towards CR which would be the fastest route to a complete buyout
I will be probably taking that advise and not going long on margin.. just can't be too greedy. I know if we did simply take a roll back of 30%... even for 1 or 2 days at the most before moving up quick again... its possible that they try to sell some of my shares if I end a day being down or just outside margin requirements.
The if that happened with the force of selling shares... we would get the news the next day for partner! : ) It doesn't matter how much of anything you give someone.... you always want more.. and I want more PPHM! : )
Website: "No Events Scheduled"... just seen it at 9:40 EST
http://ir.peregrineinc.com/events.cfm
.... Could Monday possibly be the day? stay tuned.... and right about now I wish I margined up!
I agree.... and I am soo tempted to pick up shares on margin...but figure thats the day the bear raid may come push us back a buck....and dont want any margin calls...or force selling to pay for a little set back. Tempting to margin some though
Not laughing at all....I have been saying the same thing. It may take us 1 to 2 years but we are heading up there. The next question after the partner scenario works itself out will be if and how soon...Advanced approval. With AA ....on multiple solid tumors we are heading 100++
Time for another chapter in the TA books and advanced charting... but problem is this happens once every 10 years or so.... : )
I am just glad to be in on this at this point... bottom line is we are heading to $100... whether its 3..6 ... 12.. or 24 months
unless a buyout
Options today... Would most assume that of the 1.2 Million Options expiring today were purchased mostly from mid to larger firms? And 2 questions....
1) Do they have to wait till end of trading day... till we are definately over 5? Before they can sell them...
2) Instead of selling them.... ( I know someone mentioned it before ).... could they just buy them to keep them? The price will surely be heading much... much.. higher over the next 3 months so I would think they would be keeping them.
Back to basics.... there will be no more giddyness from me today. I got it all out yesterday... : )
First.... "MOS" Overall Survival still has not been reached/PR'd and that is one of the big catalysts for Peregrine!
Peregrines future assets:
1) Bavi program... ready for phase III ..leaning towards multiple solid tumors..
2) Cotara ready for phase III
3) Imaging ....
4) Avid... which I believe will have more than 15 Million in sales this upcoming year... should be another big year!
5)can't forget Garnick! much more data to come... analyst coverage... and we're now at the levels before we had all this good news... could be a a dollar day up to $6 today! : )
I've never seen anything like this before...or just never owned a stock paying attention this much before : )
But... its as if both sides are just having a little tug of war battle... the buyers were standing by the last few minutes to pull it back over 5.. will be interesting if this goes down to the wire.
I say going down to the wire... or longs will step up the buying.... can't see the shorts even wanting to sit overnight on a short position
Tomorrow morning is the perfect day for Peregrine to give a nice little update to one of their trials... or an official responce regarding the Credit Suisse conference. Keep the flame going... not too many shorts will be coming in at all to stay short for the weekend
possible... but unlikely I think because there are not many "puts" in play for tomorrow and unlikely for next months options because its too far away and its possible with another stock...
but Peregrine has burned the shorts all the way up from the bottom.... true they have made money ... 20...30..40 cent range but nothing big.
If they were to short big again....their best bet is to push the price up along with everyone else and short from $20...25 pps
of course... my opinion, just feel that many are picking up shares for that big upswing movement.... not throwing down shares hoping for a push back
It will be interesting to see how this all plays out : )
Can anyone imagine holding shares short at this time? afterhours?? overnight ??? over the weekend ????
There are a lonely few out there that feel this way now.... so now you know how the longs were dripped dry for the past 10 years and sacrificed till the science played itself out. Now tis the time for all short to play themselves out of this game and in the future ...if they dare short a biopharma again...... this thought will always be on their mind: "I hope this doesn't make a Peregrine run..."
Congratulations! I hope everyone makes a nice gain when all is said and done.
May Day...May Day... this is AF with TeamStreet... we need to abort. Repeat... we need to abort ship immediately. Team Peregrine and USS Loof are rising fast!!
Here she goes again..a gain!
I hope that is the case... figure we are going to double up on any partnering announcement. All I know is a PR may just come out saying they needed to cancel this friday..etc due to advanced partnering talks... thats all it would take to move this up closer to 10
Not to worry... this is like giving your enemy one more breath of fresh air on the battlefield ... the look in their eyes and then we smile
Shorties leaving the room 1x1.. : ) eom
The hell with consolidating for a few days.... from now on its consolidating for a few minutes, stretch those legs and jump a little higher!
Ok ... we paved the way for the big boys to step in with an army of Millions.... pay us tomorrow if you want.... margin up baby! : )
Bring the hammer... shatter that $5 window!
Why the lies? Those who are trying to make money shorting this... will be burned big time... its only a matter of time Peregrine lets a PR out thats on the shelf
why? because they are well aware of the games.... and that is seen perfectly as they took the time the first 5 minutes of the last conference to wipe out any doubt
Why would they do that? because they know the games of the past... and with the Halt? it was a little warning for the shorts... to play... you must pay
It still amazes me that this stock is still relatively kept in the dark. No major newspaper print yet.... no new analyst coverage to initiate coverage ( we do have a few but those are the early backers ) .... the pps high of $9 is too low and $5 pps is laughable.
One of these days everyone will wake up out there..... and realize how much depth and potential is within Peregrine's pipeline and I think all of us will be pulling up a 1-year chart of PPHM and looking at it as its the worlds finest masterpiece! Day traders will be looking and analyzing at wondering what went wrong and how they could have went long and made much more money..... and DD and AF will live out their lives hoping they never need the services of Peregrines pipeline as they now have their #1 stock that bit them right in the A$$ !!
Good luck to all and smile out there! : )
Team Peregrine has made it and ready to push the ceiling a little higher today : )
My point exactly! ... I've always said money upfront would be between 400 M - 1 B
Peregrine would not have received the loan ... 30 M ... if things were not lined up nicely
We should have a good deal... whether its 1 or multi BP partnership... or partial partner ship with some type of buyout option ..etc in the future
IF the deal was not good for shareholders... I believe Peregrine would not be wrapping a deal up this quickly!!
This will be one of the quietest ... mega bio-tech deals to come out of the industry I believe
I think it would be politically correct if a couple analyst initiate a "buy" on this stock first thing tomorrow....
not too late to make some money... but it just goes to show you how not too many will touch stocks under $5
We all have to start from the bottom.... but going .38 to 3.80... to 38... to ? in 3 months... PRICELESS!!!
11Billion....that would be ok IF all current srockholders receive stock options ...or someI type ofof warrants in the new Roche company ....to ensure we can still profit in case Bavi turns out to be the blockbuster drug of all time! Options...Warrants provided by Roche limits their risk short term till after the larger profits come in later with Bavi...
Its very possible...plenty of money now....and plenty more in options/warrants for future success
Do I hear another halt in the works for tomorrow? They just may need the long weekend to finalize the deal and make an announcement monday? shorts hanging on over the weekend would be crushed...
Possibly announce tomorrow as well.... ?
or we live to fight another week and push our way to the 6...7..8's..
Either case... we're moving up
Its only a matter of time before the shorts realize its not worth washing and rinsing this stock on a daily/weekly basis..... and best to toss them in the dryer or let them air-dry and fold them up neatly for when the you get that knock on your door on final day of trading for a full buyout...the day will be coming
Very Interesting times at Peregrine... could they play a role in this latest multi-company venture?
.."The 10 initial members are Abbott, AstraZeneca, Boehringer Ingelheim, Bristol-Myers Squibb, Eli Lilly, GlaxoSmithKline, Johnson & Johnson, Pfizer, Roche’s Genentech division, and Sanofi. The heads of research and development at these companies sit on the board of TransCelerate."
Also... it states "The companies will contribute money..."
Ok... if you can't beat Peregrine... we may as well collaborate and join them! Don't doubt what may happen and Peregrine just may have shook up the bio tech industry a little...or at least are giving them a little revving their engines up a little after they seen what Peregrine has under her hood!
I would love to know what process was taken to select the big BP 10 and what do the ones have to say that were not included in the big 10?
then thats when we buy more... : )
thanks for the advise!
4.99... what the heck is going on here.... I give you permission to fly past those bastards holding you back and let them collect their winnings on Option day!
Whats going on with the news regarding The Big Ten Pharmas joining research/development? Will be lots of speculation now.... not that we needed that to speculate on whats going on already : )
I think I found who can afford to buy us out... the top 5 richest in the U.S. ...
...
1 Bill Gates $66 bil Microsoft +7 bil
2 Warren Buffett $46 bil Berkshire H. +7 bil
3 Larry Ellison $41 bil Oracle +8 bil
4 Charles Koch $31 bil Diversified +6 bil
5 David Koch $31 bil Diversified +6 bil
I think we will be pushed higher... at least closing over 5... before close tomorrow.... don't think want really want to be short many shares over the weekend!
Lots can happen over a weekend these days... some handshaking could be going on!