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Yes down ANOTHER 5% because of the overwhelming number of buyers, Watching level II/III and thinking you can see/game the market of a microcap. How's that working out?
That has been said since $2 by many.
Well does anything else matter? If no commercial outlet for bavi why buy pphm.
yes, there are more shares for sale than there are buyers ... price goes down. There is little reason to buy. Pending RS, no trials, no products, no affirmation from management, poor leadership, sleazy bod, failed Sunrise ...
...really?. So the pphm market is driven by sellers? If a company is successful and going places people want to buy shares in it, don't you think?
There is no buy side interest is all that means.
As long as it is below $2 it is a buy.
In other words you were wrong (tet again) wrt bla. The RS being postponed until last moment is going to place downward pressure on shareprice. They should have taken the medicine and moved on. But yet again they have 0 concern for shareholders. Anyone wondering about a lid on pphm need look no further than Tustin.
Well I was surprised but the date of the RS (it passed after all) is minor. Now the shade of a bla being in the works and the response from Dr. G. being how that was laughable. I notice no comment on that assertion.
Pretty sure they would need a new vote to go past 1:7
The exec and bod compensation is not that of a manufacturer. the staffing levels are not that of a manufacturer. The facility levels are noot that of a manufacturer. The T$E expenses are not that of a manufacturer. Manufacturing is a low margin business that requires a lean efficient infrastructure to work.
True. Problem is they have overhead of drug developer not of manufacturer.
There is 0 chance they will not have votes for RS
Many ordets to buy once the price increases? Pphm will trade down until RS is finalized. There is no secret bla. There is no bidding war in waiting for failed sunrise subset. This is all so silly.
They had to based on the asm/vote date. But we will wait and see.
This is pro forma, will have no effect on shareprice. Still likely to see RS next week. There is no bla, no trials, no catalyst to triple share price and get above $1.
There is 0 evidence that pphm has an active bla underway. Pphm has said no such thing. With a pending RS they would have a real CA on their hands if they did not announce this material event.
Stop Bavi? No need,so far it doesn't work. No late trials have shown it to be worthy of getting to market. People like to watch a train wreck is all.
Bavi could not even beat the control (as I and others were shouted down when suggested)
Median OS for the bavituximab plus docetaxel group was 10.7 months as compared to 10.8 months for the placebo plus docetaxel control group
RS likely next week ... Monday?
There are stories all the time about someone finding a painting or other item at a garage sale for a buck and then they realize that the item is worth millions of dollars. Perceived vs. Actual.
At the end of SUNRISE II (and if survival follows orig. SUNRISE I actual data), the 900 that rec’d BAVI+DOC would benefit from an Stat.Sig. Improvement in OS – their Median Survival would be 13.2mos vs. 7.7mos. for the 900 in the Doce ONLY arm
$.36 - so much for RS being a neutral event.
And you would be equally wrong. $.38 tells the current sentiment and value that pros put on pphm. Could they be wrong sure. Is it a low low low likelyhood they are wrong and a few bb posters are right ..YES. better odds in powerball
Yes but many will tell u there is astronomical value here. Lid is on so bp can buy cheap ...whatever. reality is next week RS. If there were any bla underway or anything of value to be salvaged from Sunrise pphm would ave another CA for not releasing info. Silly and harmful to potential investors/bagholders.
On point? Using pphm thin pre-market as proof? Please
Don't you think if they were filing a bla they would announe given the RS coming next week: Or do you not believe a RS will take place?
Yes the things being fabricated about pre-defined biomarkers, that this was statsig for the entire population is amazing. Just look at price and volume and you know this was non-event. Even if one bys into the convenient excuse that the share price has lid on it (like anyone would waste time on such a microcap) It would take volume to hold back the buyers to keep shareprice down. There is no buy side interest.
An offer for what? Bavi has not worked in any late stage trial - ever. The subset is simply lies, damn lies and statistics. Search long enough, slice and dice at will and you find a "group" that fared better. Perhaps the control did not perform as well in the biased selection of subgroup. No one believes in bavi/ps at this point it will take a late stage trial success for them to turn the ship around, yet there are no trials running ... never mind a PIII.
And how did the control group do in the subset? hmmm
It is very entertaining - yes.
I thought it was definitely not a subset?
As easily predicted by lack of volume/price movement last week today is a non event. At least no run up to sell off. Sunrise mos was awful in fact. RS will be Monday after vote to approve so folks better hurry up with the letters tp sec et al to protest the OS not being adjusted.
$.4x for pphm is not opinion.
Really? Yet pphm basically trades for cash in bank.Individual opinion does not change tgis fact.
Pphm/avid have negative earnings. Avid is highly dependent on. a single customer. This is far from a valuable entity.
But with that said, no one has lost money that has not sold their shares.
Oh come on. pphm execs are hardly pure and saintly folk toiling in a lab looking to cure cancer. They are businessmen and fairly sleazy ones at that. They have robbed many shareholders to pay huge outsized salaries to themselves and bod.
Historiclly ot always goes up? Historically it is down 90+%