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Not 1 week. It will be there tomorrow or Thursday at the latest
They have been interested in partnering for a while now. No one seems to be interested for the last 4 years. I am beginning to think our great grandchildren will not see a partner either.
Never going to happen. They never have before. They get free shares so why buy any on top of that. The whole board and mgmt team are fat and happy on this gravy train. No imminent reason for that to change until we stop buying their printed shares.
It has been a long dark 4 years!
Agree, we will never hear anything from PPHM. Garnick will move on without any announcement. That is my prediction. 1 year from now this board will still be hoping for something but King will still avoid any specific answers about PhIII. But will toot his horn about how well he is growing Avid. Pitty that will be considered a huge success.
I predict we won't hear anything. We will read in 6 - 12 months that Garnick is working on some other project somewhere else. We won't hear from Peregrine. They will play the waiting game until they get some other hopium thread of news to start on the next group of investment suckers - wash, rinse, dry, repeat cycle every few years. That is all they know.
I will make one further prediction. 12 months from now we still will not hear anything about Bavi results - not about the failed Ph3 nor AZN. But during a conference call at around mid next year, SK, who will still be Pres, will slip in a comment that AZN has moved on and they are looking for a new partner. Blah blah blah. Or something like that. Trying to slip something by everyone thinking that we all forgot. The same shit they have been doing for 10+ years - ignore and hope the issues go away and everyone forgets.IMO
As usual, someone knows before retail longs and dumps. Seems like a signal for more bad news. The next worst thing to happen is AZ backs out. If it is that, good night Irene down to $0.20. Avid is not worth more than that with its low growth rate.
25:1 - $10/share
No one knows what AZN is thinking or going to do but if they walk, we are screwed. We have 2 hopes to cling to:
1) AZN trials continue and are earth shattering
2) A buyout of the scraps that are left of the Bavi technology and of course AVID
There are no other trials or studies that will drive this stock upward - at least that have been disclosed. We are now only a pure speculative stock! AVID is keeping the stock above $0 but no chance above $1 so we have an R/S coming. Even this idiotic management group is smart enough to know that OTC is not the way to go as proof they R/S'ed before. Good luck all but we are in low odds territory on drivers taking this stock higher.
80%+ of equity
According to the Interim CEO, a 4 arm study has to be done. That is before any phases. They also need a partner. The studies and then phases will cost $$$$$$$. They do not have any where near the amount needed to fund that. The partner deal won't come cheap. If they pull some flea bag chiropractor as the partner like before, then you can bin the opportunity like the rest - just pipe dreams.
We received nothing and a couple of the members called PJ to find out what happened. They confirmed the analyst left and had no other analyst that knew enough to cover the stock. A couple of weeks later we saw the analyst (former PJ guy) posting his picks for another firm. All this confirmed our story. Later, another analyst started following the stock at PJ and we had their coverage again. The company was Amylin Pharmaceutical which was bought out in 2012 by BMS and AZ. There are a few ex-Amylin guys on this board who also can confirm my story.
PJ dropped another stock I owned about 7 years ago and we thought the worst then too but it ended up being that the analyst covering the stock for them quit and went to another firm.
Paul, is a lying scammer! He proved that repeatedly since 2009! Very very little will change that reputation/label now.
It just seems like AZN is testing the waters and really jumping in. An exclusive deal would have been jumping in with at least 1 foot, maybe both.
True. For all we know, no one was willing to risk any funds to PPHM and AZN took a no risk deal. No up front cash. If does not work out, they walk away with minimal consequences. AZN calls it a partnership but this is the 1st partnership I have seen with no cash commitment. It is making me wonder why they could not get a better deal (at least some cash support).
News?
Certainly seems odd that 1 mil shares trade before market (primarily above yesterday's closing price) and yet it drops 4% after opening with the market being up. Someone knows something bad is coming (dumping shares before opening) or the shorts are attempting to kill any rally. Either way is not ideal.
Depends on how strong we think our case is. We don't want a trial to bring out any neg press while in the middle of a Ph3 trial
She actually accuses Peregrine of compromising the double blinded study.
Stock tend to rise when there is a large # of shares on the ask. On the bid, they tend to fall.
It is plausible that Roche could want 2 avenues to generate revenue in this segment but I suspect a more likely scenario might be a partner that wants to jump start their entry into this segment as opposed to having one a foot (or both feet) in already. IMO of course.
Looks like Roche does not need Bavi. Also proof that Sierra information is suspect at best.
I am a member and that is all it says in LinkedIn. He left Peregrine in March.
Needless to say but a brutal day (nevermind brutal summer - down 25% since mid-June). We need something positive!!!
Djohn, my sentiments exactly!!!
He said that almost 4 years ago. I think we can say there was no credibility to this statement.
Heard that too many times the past couple of years. Probably at least a year before we can move up. There really isn't anything to drive it up. The cc provided the same non-committal jargon of the past 2 years. Plenty of buying opportunities over the next 12 months. IMO
L4W
I think we will test triple zeros soon. There will be buyers there as always. But agree we look to be down for the count. KO by PL!
My price is .0001
It is coming very soon!
You guys are too low. Paul needs more time. More like 30 light years!!
We do not have the share info as PL has conveniently not filled this but back in 2009/2010 when we did get regular filings, we analytically determined 20 to 30 mils shares were sold by insiders or treasury shares. It's there in the historical postings.
It was shown way back in late 2009/early 2010. I recall the amount was in the $3mils range and I am sure you will recall the new yatch that he registered at that time.
Paul and Ben sold Treasury shares for sure at those run-ups. And they paid themselves handsomely.
Amen to that
I have no doubt he will try to make another at this stock. It is like clockwork - when he needs $, he prints a PR and sells a bunch of shares. He should be out of cash very soon if not already. We will hear something soon - count on it!!
Like I said, lots to fantasize about over the next few months!! Don't forget the renewable energy VP we have too! Can't wait to hear what he has to say!!!! Oh it is gonna be a spectacular summer!!!!
LOL. And the fuel oil contracts, the radio station/sports bar plans and we cannot forget the recording artists we are lining up (or just the one who was naive/desperate enough to sign with us). Yada yada yada. Oh we have a lot to dream about this summer too!!!
Oh yeah, the land our CEO says we bought but there is no recording of this transaction with the town. I cannot wait for another summer of us posting about that. We should post some other irrelevant items too, just so that we have a really exciting summer!!