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I say overall survival trumps all other numbers.... and my guess is the patients will agree that overall survival will be the #1 determining factor ( as long as safety and side effects are within limits and Bavi has clearly proven this already ).
The FDA will not be able to ignore the overall survival #'s with this type of "gold standard" trial and once we have partnered I think our percentages go way up for accelerated approval!
Looks like I was wrong on the big players buying in this morning as its all been quiet. Shorts were able to make a couple hundred dollars today : )
Its amazing to see the moments of silence ... all holding steady, big volume waiting for the shorts to bring this lower before the big buys come in... and shorts, well they have no more reserve to short it looks like : ) Either way... we're going green very soon! I hope the big money starts buying first and don't let the shorts make too many pennies today
Is that the best punch they got... looks like we have bottomed for the day and will be green within 30 min's and up we move! : )
Lets go Peregrine!
Any newcomers must listen to the July 16 quarterly conference call...
I just listened to it again... and each time its like music to my ears! : )
You really do get the sense of the excitement and yes... Giddyness on the top brass at Peregrine! ....
I know there is not much talk of Cotara with the Bavi results coming ahead.... but they did mention in the call on having a package together and readily available for them to additionally try and partner up the Cotara program over the next few months. Lots of news to look forward to this year and next
http://ir.peregrineinc.com/eventdetail.cfm
All looking good...which many have foreseen for many months and its all a matter if time! Also... I hope many that are day trading this can bring an end to giving us penny updates because that is not what people are concerned with. The success of Peregrine is naturally what we are all focused on and the share price will eventually trend in line with expectations and current news.
Glad to be part of this stock ... which I believe is about to make headlines many times over the next year!
$20 would be ok...but we have all gone this route before and if Bavi is successful on multiple cancers ...we are looking at $50 out of the starting gate.
Every $10 pps equals 1 Billion and NSCLC would be 2-3 Billion market alone... this is assuming our PPHM remains with 104 Million total shares
We are not even talking about Avid...Imaging...Cotara...and virals with Bavi! We have a long way to go and $5 dollars at a time will be fine by me : )
After Sept 7 we can start speculating much more about future prices!
Hoping to see another sec filing tomorrow for another 5% ownership.... and its amazing to see some neutral articles popping out of the woodwork and not all bearish. I think we are getting warmed up here with all the 10-25% swings....because one day we should rocket skyward once a good fit partnering deal is established (once the science establishes itself)
Attention...attention... special announcement, Peregrine just announced at their last quarterly conference call the following:
1) no more dilution
2) Debt financing via Avid revenues to gain leverage in BP talks
3) currently in talks with 15 BP's...face to face meetings with 15 different BPs
4) lots more but this alone speaks volumes from our little Peregrine of years past....
positive indicators are increasing.... as will the share price
I liked the article... and do enjoy hearing the good with the bad ( just meaning the longs... and the short strategy)
Though... it did state they do have some longs jump ship and move on ?
Well Peregrine is not a stock to sell out and move out on... and AF's article regarding PPHM was an absolute piece of bs ( leaving out all the facts from the conference call ) and leaving out all the positives that are about to be played out in the next couple months!
Good luck to all!
thanks for you expert opinion! I just wonder though... IF lets say a partnership is announced in the future and under those terms with their partner PPHM:
1) Receives large up front payment .. say 400 Million - 1 Billion
2) Under that agreement... new partner(s)are given 100 Million in stock out of the 150 Million shelf ( assume 100 Million / 5 pps = 20,000,000 ( 20 Million shares to the partner(s) .... could be more or less... just say 10 Million - 30 Million shares the partner could end up with
3) Now the secured loan is paid off ( if PPHM needed to take one out before partnering deal
4) .... this would allow them to be able to pay a dividend at this point in time ( Partner makes out and this sets a "very" stable future of where the company is heading to gain the interest of many more shareholders that can count on a dividend
... maybe I am being naive, but I do see the dots being connected more and more and IF we are heading towards a direction where Bavi treats a broan spectrum of cancers, there will be plenty to reward the shareholders
-- Good luck to all and many updates to look forward to the next couple months!
Well a little combo action this morning with shorts covering as they seen the orders flying in from around the markets .."buy order"..."buy order" ..."buy order".... followed by the weakest of the weak shorts covering. Not to worry, we will flush them all out very soon : )
I'd like to see a dividend declared after all the "on going concern" is cleared from the table after a partnership can be announced.... even if its .5%, heck... its more than some banks are paying : )
I like the "... steady trot to the finish line.." and thats exactly how I want to finish this.
The way I see it... day trading is more like a full time job and they can accept a weekly loss or gain. The long term investors that are mostly whats on this board have their full time jobs and do not day trade... mainly due to needing the time and time and time to edge out the gains hopping in and out of stocks.
Now... I think those in Peregrine for the longterm vs. will have slightly less high blood pressure vs. those shorts hopping and out all year long. The shorts just need to find the volume stock playgrounds for the short term but I will take the long term bet on this stock... because it only comes around once in a lifetime!
1.40 out of the gate? I think they the shorts will need to dispose of upwards of 250,000 shares to get us that low but anything is possible I guess : )
Now I still stand by my prediction of closing green... and tomorrow is the perfect day for another 5%'r60 to jump on board!
Closing green tomorrow! There will be too many eyes on this now seeing the drop in price and jumping in off its recent highs.... its a pychological natural buy in. This short story will finally come to the end! I hope the big players dont show their hand till 10am... let the shorts jump on board and squeeze the gecko out of them!
I think the only agendas on the ones placing money on the table (short or long) is to make money. Yes... short short term the shorts will make some money and long term the smart money can be made here. Now for Val Brickates Kennedy... her agenda should be to get the truth and facts out and possibly reveal any short agendas from conspicuous bloggers, especially non-named bloggers from "how to short stocks 101" themed websites. Ms. Kennedy's job description does indicate ...video as well as pure writer and taking a stand on a short take down is meaningless unless you are the first to take that stand... and to choose a stock that will be remembered from its inception to graduation day! I believe thay if Ms. Kennedy really took a look at all the facts from Peregrine until whats about to unfold over the next month ... she would be wise to follow up on her little "positive news" remark regarding Peregrine and take an approach that will allow her to become more knowledgeable about the entire company.... as well as becoming more wise to the common short targets that take place and how the shorts work the system. Until that time.... am looking forward to some good news on Sept. 7 !
Good post! Its just important for the many new investors to realize that the Sept. 7 "late breaking" announcement that Peregrine will be making is the next "incremental block move"... which can only occur with a major announcement. PPHM is not allowed to make any announcement related to Sept. 7 prior and this is what is helping feed the shorts until a time when major players just step in and start accumulating....hopefully that day begins tomorrow! Peregrine is being held down and like a tiger locked up for months... though once released she will have no trouble running faster than any small bio stock you have seen! The perfect storm continues to swirl... and ramp up .
Great post and a must read for all new investors! Garnick really is the undisputible ring leader and my favorite quote ...."I know what mistakes not to make" and looking forward to hearing Garnick speak soon!
Would be nice to have a website for Peregrine to dispute any one sided articles that I'm sure will continue to be released concerning Peregrine... not just to pump either... to give a fair and balanced view point due to the one dimensional articles that have been posted against Peregrine..any name suggestions
Peregrinerebuttals.com
fabpphm.com fair and balanced pphm
or even a generic blog site that gives the side of the story that any article may choose to withhold...
Sounds like that Colonel was not too far off in the woods... he may have been working with the shorts and took out one of our thrusters causing a short circuit today. Peregrine needs news next week for sure, they can't keep allowing open range firing on our little PPHM when they know we will not have any real ammo until Sept. 7
I'd like to see one or more of the following next week:
1) New Hire postings of significance ... but will settle for the average lab workers who will be more than happy to cash in with some future stock options
2) 13G SEC filings ... would be nice if we get them back to back to back .... adding 15% ... but would settle for 1 person such as Bill Gates or even Cramers charitable fund : )
3) A loan arrangement for 20-30M as promised by Peregrine before the Sept. 7 fireworks display!
4) A positive article (not blog or anonymous author) that forgets about the past traditions of PPHM and indicates that PPHM were never known to hype their lead candidate "Bavi" and the corner has been turned, ultimately showing the vial of Bavi is clearly more than half full .. and not less than half empty!
5) How about a surprise grant or government contract ( I am still looking forward to hear the information that were in the confidential orders of the past... does anyone know if that when confidential orders are cleared to the public... they need to be PR'd ?
6) Loof... maybe bring Tessi May back ? ... seems ever since she went into hiding or kidnapped from the Colonel that there has been more highschool disputes around the school yard : )
7) One last request ... that their 10 min's "late breaking" talk is extended to 20 minutes : ) after Chicago realizes that the goods have been delivered... and shock waves are sent out around the entire oncology professionals and heads will be turning our way ! and not just for Tessi May....
Well thats a good starting list... hope all have a good weekend and time to go buy a scratch ticket... hoping to win a $1 Million because I'd be betting the house on our little Peregrine! : )
I disagree...
You quoted: "She knows NOTHING about Bavi trials- nor does her company have any plans to buyout PPHM, which, she said is speculative at best. Her last words were: "I wouldn't touch it"."
............
Is your friend in meetings when they discuss potential partnerships and buyouts? If so... I'm sure she is well aware that all shall stay quiet on the Western Front and don't you know that this entire script has been written before on many other boards before some "expecting" good news from bio-pharmas..etc.
I have watched many successful drugs come to market....and whats the common denominator between every single one of them? They all had some negative press leading up to the big news... and all had someone say they have a friend ( even scientist friends ) that told them to "stay away from that stock".
Someone jumping on the bandwagon at this very moment in time with PPHM... its very tough for them to take in all the information and separate the pumpers.. the dumpers... and the truth and I do believe articles such as seeking alpha's latest will unfortunately affect some investors. Someone who has been here for years and watched or listened to that last conference call will undoubtedly realize we've turned the corner and we have to accept the bumps along the way.
Good luck to all ... this train will make its next scheduled stop on Sept. 7 ... assuming Peregrine doesn't make a pit stop along the way to stretch their legs ( to make a special announcement ) and allow the shorts to jump off : )
Its simply criminal... but its seemingly allowed across the broader market so our little Peregrine is not immune to this financial cancer. The major push down at the beginning of the morning are simply reserved shares that are part of the bigger bear pushing down and they hope to flush out additional weak hands to push the pps down even further. Its an easy money making day for them with this type of swing and profits that can be taken for a .30 - .60 swing and IF they have more shares they are willing to throw out to try and push even further down it can be done but I hope it doesn't work out for these shorties!
I hope Peregrine has someone writing a nice PR at this moment and send her on out to the presses at 12:05 pm right as lunch is beginning. Longs will perserve... I should say the "science" will perserve!
Peregrine Perrenials... hold your ground! ... wheres the captain with the rifle when we need him... : )
If there was ever a time for Peregrine to step up to the plate ....this is the morning for a press release re: Avid bridge loan with the added emphasis that it is intended to be paid back once Peregrine decides which BP to strike a deal with! : )
Dart and all those 5%'rs and all longs ... the battle is about to begin. The road to Sept 7. is starting to get bumpy.
Remember DNDN...
http://www.businessweek.com/investing/insights/blog/archives/2009/04/dendreons_mysterious_trade.html
Did you notice the author started the article saying:
"We think Peregrine Pharmasceuticals ... " He/She or they? use the word "we" 3 times in the first paragraph... and open the 2nd paragraph saying "In our opinion..." This is done to convey a message that seems to be from a group of experienced analysts which they are far from! ... simply by their closing words below which he/she now changes the story and gives a final disclosure that its of one opinion and they will lose money when the stock moves up.
---------------------
The author who remains nameless after a negative article... quotes this below after the article is written...
""Disclosure: I am short PPHM. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article."
-----------------------
I suspect Adam Feurenstein caught a lot of his name being tossed around after his last piece and maybe AF again or someone who learned from his article and said no way I want my name out there, but want my opinion? Who the hell wants their name associated with shorting this stock and everyone wondering how many thousands or millions they lost on betting the wrong side : )
no authors name tagged with that article? Also... clearly states he is short the stock:
"Disclosure: I am short PPHM. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article."
Everyone can have an opinion... but that is a quick paint job on the company. I would like to see his short positions listed and also if he/she has purchased any calls as well on Peregrine. I guess Cramer was right... when a pharmaceutical company is on the verge of turning heads within and outside the industry....watch out for the negative press : )
PPHM neverand hyped..My thoughts exactly! eom
Except for one factor... this euphoria is due to human beings living longer after being diagnosed with cancer. The opposite euphoria existed with the many 1000's of deaths due to influenza and a greater euphoria existed when the 1st flu shots that were administered as well as the development of penicillin. One day...one week... one month ... one of these years I can foresee some form of Bavi being used as a preventative maintenance within the body to stop the very beginning stages of cancer. I believe this is the "several years" of funding that a BP's money will be directed towards...and I hope PPHM prevails!
Looking forward to Sept 7. and I am looking at this event similar to an NFL playoff game! I Will be watching closely : )
I agree... way too much on the line for BP's if our little Peregrine gives a hint of the potential thats about to unfold... therefore, the complete buyout of Bavi I don't think would be an option that Peregrine would want to jump into unless its an offer that can't be refused. An offer that can't be refused is an offer that no "single" BP can make ...and would make sense for a bigger trade to unfold where multi-BP's ( two or more of the big 15 in talks ) come to some agreement and revenue sharing and Peregrine walks away with the big prize!
Thats my story and I'm sticking with it! IF Bavi platform or PPHM is completely bought out... no single BP could afford a straight up buyout
I think we can all re-evaluate our pps value of PPHM by years end. I just hope that at least one BP makes a run at our little PPHM and the buyout price is leaked ...because then all I want to hear is the response from PPHM defending their position on why everyone is underestimating the potential thats about to unfold over the next 3 years
Buyout of $15 would not happen....Even management would laugh as all shareholders. I know we are always trying to place a value on this bavi platform and it should be started at $50 pps.
Now take into consideration the rest of the company and how broad and the volume that bavi could be worth and $50 may be underestimating!
Like I have said in the past....PPHM may be beginning the early stages of an historic stock run!
This board becomes more impressive daily....and I like the idea of our own Acronym list ...especially with newcomers stopping by and once they see the potential that exists as most of us have witnessed 1st hand over the many years, they will see a great opportunity to follow a company on the brink of breaking cancer news world wide! Further, I have not seen "any stock board" as informative as PPHM and CJ has spent an enormous amount of time in the organization of articles, PR's and anything company related is at your fingertips to easily scroll down memory lane to see the growth and development of a company (Peregrine) that will hopefully soon be placed in the forefront of the main stream media after the financial terms are disclosed for the lucky BP to partner with Peregrine. This will be the first Peregreen... X-mas!
It may sound silly but it seems like the last quarterly cc ...( which is the true inflection point ) is becoming more like the that mega summer movie.... where you can just listen to it several times over! : )
sometimes when someone doesn't want to make a fool of themselves... the best thing to do is not open your mouth.. : )
Dew you know what I mean... lets just refocus on Sept 7th and hope to hear some financial terms from PPHM before that time!
Those who converted their shares to a ROTH IRA and paying the low taxes now... vs the higher taxes also have to be put into the equation for averaging your cost down.
Once converted to a ROTH... every dollar up we move can be thought of a 1.20 - 1.50 depending on tax bracket at that time but 20% tax - 50% tax would be the range.
Either way... I'm hoping this can be proven to be a broad spectrum type of cancer application along with antiviral..etc ... because the payday will be absolutely insane for anyone buying in at these levels. Like I said way back... years from now, anyone would be lucky to be able to buy 1,000 shares of this when we may have split a couple times and sitting between 50-100 a share atleast! : )
Ok... I gave a couple friends a heads up on this stock the day after PPHM's last conference call and they just got back to me. They never took the time to look at till last week and spent 5-10 hours of reading thru all the news..etc ..from the last 5 years and they are in! Although they are just buying in now they said they wished they did so right when I told them about it but still have no problem jumping on board with this type of potential. I think this same situation will be happening to big time investors once they find this little diamond in the rough! I still believe this stock is still hidden ... and with a few more articles, the word will hopefully spread fast.
whatever happened to umassoncology? assuming he really was in the medical field
speaking of halts... just as those can have some shares slip by them with stop losses, one should start to consider if you really want have your shares set to sell at a limit... in case one day over this year the price does jump and you may lost your shares as well as the price continues upward. Do you lock up your shares so shorts can't touch them or set an order to sell at 10-20x your current price? Sure will be an interesting year of pps!
Vote for BOD seat..... my pick goes to Warren B. ...another possibility is on such a large money value deal this could turn out to be....the request to add 3 or 4 board members may be required by PPHM in order for the risk of a person/group/BP/multi BP's to fork over the big $$$$ now before final FDA approval and pre-trial results for all on going trials
I do think that someone outside the company would help protect/maximise shareholder value ... and I just think that Peregrine knows exactly what they hold and are in control ...but bottomline they are progressing forward creating shareholder wealth. A BP that may be in talks with them may buckle and give PPHM that "unable to resist offer" but this BP may insist on being given a seat or two on the BOD if they do end up handing over a large sum of money to play ball on Peregrines court.
I believe so as well : ) but maybe as of now worth $50 and every 30 days someone delays in making an "unable to refuse offer" ..we move up exponentially. Sure will be some good rumor reading the next 2-4 weeks! Bottom line.... Longs win and shorts ? shorts can suffer for the pain and suffering for all "longs" as we were brought down to our knees of .40 ... payback time!
The company platform ... Bavi, Cotara ,Imaging and Manufacturing facility of Avid and the point guard or quarterbacking of GARNICK directing us towards final FDA approval.... will effectively cause atleast one split in this stock in the following year or two so whether the options are had at 2.50 or 5.00 or 10.00 is not going to make a big difference in the big scheme of things. I think the BOD is going to attract "talented" professionals from competing BP's and this is one way to attract, retain and successfully launch their lead drug candidate Bavituximab. A year from now we will not be talking about the options at all within Peregrine. Why do I think a split is needed... Institutional ownership will dramatically keep increasing and 100M so to speak shares of a company of this potential is simply not enough to go around! It would be ironic if a 5:1 split comes back in full circle for the many Longs of years past... but I believe they will stick to an initial 2:1 split and will implement more when the time is justified. This, of course, will all be a mute point if competing BP's can foresee where this company is heading and can possibly team up with another BP ( share revenue , territories , or some complex revenue sharing ) and make an offer the BOD is unable to refuse, which may be there goal all along. I don't think one BP could afford to buy us out alone... but could be wrong but makes more sense for 2 BP's to gain the leverage and working together to make the deal. I think the following 30 days we will have many rumored deals being speculated and the political games have begun as seen with the Roch debt financing.