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Hostile takeover talk is interesting...but I would call it a leaked buyout offer made by the opposite BP...whomever is going to step in and make that final last buyout offer will make sure us shareholders are aware of the price so the pressure is back on the BOD to defend themselves and the company. Lets say BP A ... or BP A and B...put offer forward for $50 buyout and leak it out... now the BOD and CEO need to disclose and give the reasons why we are undervalued at $50the pps buyout. Either way... shareholders ultimately will win and again...who the hell is going to short this stock going forward!
We...PPHM are in a position to move forward and clear the "going concern...." officially on our next cc. Further ...I see the slightest possibility that once our deal is seemingly sealed, what BP or 2 BP's would step forward and make one last final offer to buy out the company? Its not out of the realm of possibility
The possibilities may be infinite... one scenario would be something that parallels penicillin.
A mini-Bavi shot that would go thru your system and target the onsight of cancer ... and stop it in its tracks. ( I wonder if they are experimenting with this at all.... I am not even sure if its possible to inject one set of rats with the smallest amount of cancerous cells and give them a low low dosage of bavi ... or something along these lines ?
Its not out of the realm of possibility. ... .. ..
Ok... I thought of a name for the many on this board that just may one day decide to come together in celebration for all the reasons that this stock brings, mainly to help extend the lives of others!
One name I came up with ... was "The Peregrine Perennials" ..
Perennial definition:
1. lasting for an indefinitely long time; enduring:
Now I can't think of a better name that would apply to this message board ... First, it has dual meaning for the length of time we have endured till this time... a time where the possibility that Bavi can bloom to FDA approval and of course, the patients that endure through the entire process of being made aware of the cancer and yet, living a much longer period of time due to Bavi ... and last but not least the party to celebrate for whomever wants to attend and returning yearly.
and no, I haven't been drinking Loofmans jug just yet... : )
...hard to say anything about the phase IIb trial data? I hope you cancel explain and halt all progress of the BP who is possibly going to fork over big $$$$ for upfront payment to Peregrine....they will be saving lots of money ....unless they find it critical that the MOS is the bottomline that patients are concerned about to extend their life longer than any other treatment that is FDA approved as of now to : )
Lets just say the the FDA will be basing their approval with much...much....many mucho much more on MOS than what you are concerned with.
I guess we will all find out over the next three months!
Good luck to those on both sides of the fence : )
I think there will be one big dollar up day becore sept 7 and thats when our shorties next door will be lurking all over the place for an easy money play and bammmmm! Thats when I want the bridge loan announcement to play spoiler to the shorties as they run for cover... : )
Good luck to you all... and hope we hear some financing news soon...and some new analysts to start covering us.
Great post and to the point! eom
New Job Posted: "Technical Writer" ... Its ramp up time within Peregrine ... and ramp up time for our little Peregrine share price! Its about time we've grown up and starting to play with the big boys. : )
I like this requirement towards the end..... "Must interact with scientists within and outside the company through collaborative research and client contacts."
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Job Code 4452
Job Type Full-time
Job Status Interviewing
Location Tustin
Department Process Science
Company Information Peregrine Pharmaceuticals, Inc.
14282 Franklin Ave
Tustin, CA 92780
Website: http://www.peregrineinc.com
Job Description Will assist members and personnel associated with the Research & Development Department in the preparation of documents which may include:
• manuscripts,• reports, • grant submissions, • posters • presentations for dissemination.
Will assist in the preparation of documentation that will be filed with regulatory authorities (e.g. FDA, Health Canada, EMEA, etc.)
May assist in the keeping or preparation of meeting minutes during important conferences.
May assist in the management of some internal R&D projects
Local Candidates Preferred
Qualifications Education and/or Experience
As a suggested guideline, the Technical Documents Writer ought to have at least a Bachelor of Science degree and relevant experience in the development of assays (e.g. HPLC), preferably having worked in a setting with monoclonal antibodies; OR a Master of Science degree with relevant experience with monoclonal antibodies.
Preferred canddiates have extensive experience in writing documents for other scientists translating lab results into summaries, reports, abstracts and posters.
Competencies
To perform the job successfully, an individual should demonstrate the following competencies:
Must interact with scientists within and outside the company through collaborative research and client contacts.
The individual must be able to handle multiple projects simultaneously. The individual must be able to prioritize and organize.
How to Apply Please apply on-line.
-------------------------------------------------------
A positive article? Which analyst school did he attend? Maybe he is an intern and his supervisor is AF that just told him to hit that submit button if he wants to get paid for the week. But honestly.... I am really embarrassed that this goes on ... and if I was to write for a living I am sure most on this board can do a better job staying neutral and simply analyze the facts! Then analyze and post a dam article that has some type of substance and heart, especially since we are talking about real lives at stake currently and hopefully many more in the future.
Ok... I hope he does a rewrite because this board cant be the only ones that see the potential of whats about to happen with Peregrine.
Those money wire transfers are running like crazy between hedge funds... this is the time we can all relax a bit because Sept 7 will be our next meet and greet and by that time we should have moved up a buck or two comfortably.. unless bigger news comes our way before then
I can picture.. and hear the short hedge funds now... "Hey .. its Jack, did you hear the news with Peregrine? Those guys (investors) have too much information at their fingertips on this stock... I think I am going long on this position and take a 6 month cruise with the wife and kids..... We'll talk when I get back for our next hit list but PPHM is easy pickings for the long side till all announcements come in over the next 6 months"
Good luck to all ... and Loofman.. that rocket will get the test of a lifetime pretty soon!
Holy Moly... this meet and greets are extraordinary!! Hear at the end when asked about how many partners in talks now? He restates 15 face to face meetings as of last cc... and discussion are moving along in a positive manner ... and MOS does not need to be reached because the proof is already in the pudding! : )
Shorties should stay clear till we hit much .. much higher ground before they want to dip in and take some profit : )
"one of the very 1st patients on bavi or cotara?... lived 15 years longer... "....now this is the extended life thats going to place this stock one for the ages!
"As we partner the drug"...not "if" ...! nice catch there eyebuystox... looks like the roller coaster ride will continue upward for quite some time : )
This means.... any partnering would hopefully enclose the full bavi package... not just for NSCLC ... which means much larger upfront payment... I say atleast 1 Billion up front in my opinion
bammm II ! ...goal to bring on partner not just to fund phase III ... but to further study the "broad" potential of bavi...
bammm! no mos reached yet... stated now : )
"when you combine the two... you almost see a complete stoppage of tumor growth..." combining bavi and paci....
Great to hear Merger/Acquisitions at 4 year high for the bio sector! We're already over 25 Billion in 2012... vs 10 Billion in 2011. It gives me more optimism that just possible PPHM is in play for a buyout if the price is right. I know that buyout figure gets higher as the trial data keeps improving and just maybe... there is one BP that will make that move before one of their competitors.
If PPHM has the goods... I'm hoping we are all witnessing a stock run for the ages. Who is going to buy the movie rights to this story? Don't think it can't happen ... because IF we are on the brink of fighting cancer in a way that works... or at least a bridge to an extended life span ... this is what its all about!
Fidelity: bid 2.44 ask 2.50 on 44.5k
Fidelity: bid 2.40 ask 2.55 on 3,500 shares .... will be an interesting day
trying to connect the dots with these analysts... which we will be seeing much more from the next several months
Michael King used to work for Wedbush ... now he is with Roth Capital Partners via his linked in site:
http://www.linkedin.com/profile/view?id=15950113&authType=NAME_SEARCH&authToken=_KmG&locale=en_US&srchid=3f75b974-23e4-462f-914d-03757fc3c699-0&srchindex=1&srchtotal=3&goback=.fps_PBCK_michael+king+rodman+renshaw_*1_*1_*1_*1_*1_*1_*2_*1_Y_*1_*1_*1_false_1_R_*1_*51_*1_*51_true_*2_*2_*2_*2_*2_*2_*2_*2_*2_*2_*2_*2_*2_*2_*2_*2_*2_*2_*2_*2_*2&pvs=ps&trk=pp_profile_name_link
Now... I don't believe Roth Capital... is affiliated with Rodman Renshaw but Michael G. King ( Rodman Renshaw ) was on a cc with Joe Pantignis ( our buddy from Roth Capital Partners ) just yesterday Aug 14 for another bio pharma Celsium
http://seekingalpha.com/article/807791-celsion-management-discusses-q2-2012-results-earnings-call-transcript?page=7&p=qanda&l=last
just trying to connect the dots for all these analysts... but word is spreading fast now it seems
Could Rodman Renshaw be getting on the good side of PPHM to try and add them to their Sept 9-11 "14th Annual Healthcare Conference" ... wait and see
http://www.rodmanandrenshaw.com/conferences?id=176
Here we have the 3 analysts from wedbush (biotechnology) that may initiate coverage on PPHM after Wedbush analysts are able to get up and personal...
1) Chris Marai
2) Greg Wade
3) Dr. David Nierengarten
My guess would be Dr. David N. : ) and looking forwward for the price target that would be associated with PPHM
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Below is from the WedBush conference today for "Sarepta" but posted just to point out the 3 biotechnology team from Wedbush...
"Great. Good afternoon. Hi, guys, my name is Chris Marai, I work here as an analyst on the Wedbush biotechnology team with Greg Wade and Dr. David Nierengarten. It’s my pleasure to introduce Chris Garabedian of Sarepta Pharmaceuticals. Chris?"
site reference:
http://www.thestreet.com/story/11664085/1/sarepta-therapeutics-ceo-presents-at-wedbush-pacgrow-life-sciences-management-access-conference-transcript.html
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Why would Peregrine be showing up at these meet and greets ... IF they didn't have the goods... just my opinion ... lets just hope they impress the investors and build this institutional ownership up and up.... still say we'll be atleast 33% Inst. Ownership by next cc
Lets all take a moment and give a warm welcome to our visitors this past week : )
Now lets point them to their browser ....yes, right up there! .... Where are you? "InvestorsHub..." not trading hub... or day trading hub... : )
Hopefully we can convert some day traders to investors and long term holders... good luck to all!
Volume of 7 Million is my guess ... close of 3.60 ...
About to set a new volume record today!
we had news... the last conference call which everyone needs to listen to if you have not if you want to feel more comfortable jumping on board... just taking time for its "value" to be recognized. This is funny in one way.... because this is like students walking in late for class.... we've been in class for the past 5 years or more knowing every bit of information we could possibly know thanks to all the moderators! Now when someone steps in and just sees the little bit of information it may not seem like much until they see the entire picture of the potential Peregrine contains
Fidelity: b 3.10 - ask 3.15 on 110k pre-market ... looks like we are saying bye bye to the $2's soo soon : )
Fidelity: 2.61 - 3.20 and no news no volume ... the calm before the storm
Hush Lush...time to put the hush puppies down there...july 21 - may 21 equals the push up stock price my spoiler friend : ) Good luck longs! I will say it again.. ignore any noises from the swamp waters over there....button down the hatches as we are about to continue our push upwards tomorrow....no swampies can hold us back
I disagree...we are much further than 1.5 months beyond MOS...lets think logically here, I believe that having held meetings with 15 BP's as of last conference call ... tells me there is much more going on than you think
We should see closer to 40% Institutional ownership than we will see 25%... so what am I saying? .... We will have at least 33% IMHO
I got in at 2.64 today..... brings my breakeven to about $3.20 but I would have much rathered find this diamond in the rough now to buy instead of averaging down the last 5-64 years and increasing my blood pressure! I know now why the big pharma and bigger funds would rather lose out out on the initial gain and jump aboard when the stock proves itself... I hope everyone agrees that PPHM has officially proved itself and now we need it to just finish the race!! We all win if she finishes.... but if she pulls off a couple surprises over the next couple months..... we may have the first triple crown winner of small bio techs!
I agree!.. More specifically, PPHM knew the potential they had but had to patiently wait till end of phase IIb trial and what did they do when their signal seeking data come to fruition? They let the confidence be heard loud and clear at their last conference call! IGNORE the sideshow talk for those who know the value of the shares you possess... people will be wishing they had at least 1000 shares next year
I thought 65.... but hoping it is 59 1/2
You are sincerely saying that you believe trials are not scientific? And Garnicks statement "most compelling ph II or III results he has seen"... and this is one Dr. that has brought 17 other drugs to market...most notably Avastin. I believe after their last conference call that the nay-sayers are becoming more convinced that PPHM is in the right ballpark on the goods to fight cancer. This stock will not be held below $20 with two more months of the MOS being extended and one more conference call like we just had.
very true! Watching PPHM drop to historic lows while many of us knew the upside potential was devastating to watch! Ironically... those who believed in the science were able to increase share positions and at least reduce their break even point. More interestingly... I was finding it difficult to find my break even point due to the rolling over to a ROTH IRA which has reduced my taxes big time in the long run! Every $1 increase is more like a $1.50 - $2.00 increase when you take into account that you can take it all out tax-free at 65 years old. The tax savings allows me to watch my break even point surpassed today!
I agree... the shorts can really get squeezed here all the way up.
I just poured my last pennies into this... bought some more at 2.64 and will be holding for a long time. Good luck to all!! I'm hoping for no news for the next 2 months... no MOS news at least!
The new PPHM... this is who we are! This has been known to many of us for months and years as long as the science is allowed to play it self out. Dont be too excited... save the excitement for the 20's...30's... and beyond!
Great post thurly.... ! I wonder if Bill Gates has been informed of this science yet...or this board! I would think he would be sign me up!