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Started a position here. Yes, it’s discretionary spending, but people want to vacation. Gas prices are low and road trip season is near. States are beginning to open. Now CWH needs to get their acquisitions in line.
Eb, I have noticed many unusual time lapses in different technologies the past few days. Even the posts on my iHub app are running out of order. Odd things these days.
Green on a red market day? Can it be?
It’s a good start!
McCombs was one.
Bfiest, no. I respect and appreciate your posts. You do your research. I am sure others (not necessarily on this message board) have an inside track.
BOD members like McCombs who bought mysteriously low and sold at short term peaks are suspect.
Also, no disrespect to you, but the information you received seems to be in the context of business in general during the Coronavirus shutdown. I read it that way anyway.
The problem is you are an ‘individual investor’. Selective information is only given to non-individuals or those with a connection to the inside. Look at the chart before the last cc as an example. Look at past trades made by BOD’s (buying at near lows minus the discount and selling at unexplainable highs). As corrupt as executives have been with PPHM/CDMO the IR person should be audited for any wink, winks, nod, nods.
Hiring two high level BD people would be questionable if an acquisition was imminent.
Option ‘C’ may be they have not found a candidate yet but realize the need for business growth is necessary.
New sales team working from square one. Growth will be months away.
Company screwed investors today. Release positive news and follow up with a direct offering to dilute. Burn those shareholders! WTF!!??
Price stabilization would lead me to believe Ronin is done selling. Price recovery would indicate ‘C’. That’s my hope anyway. Let us continue tomorrow - but judging how cursed this company is the stock exchange will go into self quarantine and any upward movement will stall.
Pretty disgusting to try to hype Bavi along with Coronavirus. What kind of sick person would do that considering the circumstances.
Management will respond when they have fully bought more shares and are ready to propel the share price.
“Coronavirus uses flipped PS to enter ones cell and it will require a PS Targeting drug first “
Please stop with the disinformation. As much as I would like to see the price of CDMO rise this is not the way to do it.
A lot of green out today- but not here. Wish these guys would announce a follow up as soon as possible. Need some positive news.
This is just unreal right now. Sectors that should be ‘safe’ right now are getting pulled into the downward flow. I can’t help but think it is complete irrational exuberance and there will be a recovery. But who knows. Every day is different.
Some leaders are just not capable of managing a crisis. Micro or macro. Avid is a debacle this quarter. Let’s hope it doesn’t get out of line.
Yes. How obvious does it need to be? CDMO rocks!
Use of same computer isn’t “working together?”
CDMO/PPHM is cursed whenever management mentions profitability.
Lucy still holds the ball after all these years.
I can only think of one earnings release where price action in the days leading to the release did not indicate outcome of the results.
I hope in three hours we are talking about how the PPS ceiling is finally lifted but the ‘mood’ of today’s stock price says a leak of results has taken place.
Maybe it is true; you can change the underwear but it doesn’t change the $hit.
This drop does not portend favorable for us.
Agreed. All potential (positive and negative) impacts of the situation.
It seems very convenient to drop the price right before earnings report. The only negative is the supply of material.
Curious what adverse effects are in play against Avid due to the Coronavirus outbreak? Seems, if anything, there should be some positive momentum because of capacity available.
We always dip when the dividend date is announced. I’ll have to make a note for next quarter.
Looking forward to a positive earnings report and maybe - just maybe - for management to stick their necks out and offer some positive news to help the share price out of this rut.
Steve King would have released a PR about Peregrine and the Coronavirus. Or maybe the propaganda machine would have provided a link. Similar to the Ebola pr.
Up on no news?
I see this as nothing more than a buying opportunity for those who want in.
6c pre-RS. What a hack job being done by this leadership. Basically just kicked all long term shareholders in the balls. PHIO/RXII is a scam.
The only news PHIO releases is about reverse splits and dilution. Terribly managed since day 1.
Also, it is because of
Nasdaq that these reverse splits occur. Keep in mind, companies only do it to stay Nasdaq compliant. It’s a joke. Especially when Nasdaq does nothing to control the hedge fund shorting that crushes small stocks.
Sadly, a 55/1 reverse split brings such a low float it makes for obvious dilution in the future. PHIO needs money in 2021 or sooner. This company never changes. I have written off any hope of recouping my loses. Geert misguided us about RXII potential. Recall all the interested partners he said of the now-shelved platforms?
The many errors made by the old BOM were covered up and spin was made to do the same. Incompetent and yet high salaries. Sadly, we shareholders paid the price.
Recall how the preferred shares were being touted as “non-dilutive” and an ingenious mechanism for raising cash? Now we know...
The need to raise cash was to pay the hi salaries of the worthless former BOD.
I agree and appreciate the two very important bullet points:
-end of reverse splits
-should not have a need for further dilution (except for the ability to expand facilities)
I can only imagine where we would be with the old crew still in charge. We would likely be in jeopardy of an RS and have been diluted. Sickening that those thieves were taking $500k annually for the lack of output being made.
$6.52 bid. Is that correct!?