Avid Bioservices Inc (CDMO)

[sulaco]

PPHM $28.00 pps coming soon?


VERY specific dream the other night about PPHM hitting $28 bucks a share. No, I am NOT kidding. That e.x.a.c.t number.

Yeah, yeah, I can just hear it now: "Let's get to $2.80 first..."

Whatever.

Yeah, I know. A dream. And I think Pfizer (with an Astra-Zeneca hangover) and Merck were in there somewhere, too.

Haha.

The immune-onc race continues. Merger and acquisition fever continues. The stakeholders want in on the poker game. The pot is H.U.G.E.

Anti-XYZ's are great, but SOOOOO downstream. BMS, Merck, Pfizer, Abbvie, J&J...they all want IN.

I think what's clear at this point is that PPHM's asking price for Bavi is just too high for the greedy BP's to stomach at this point.

HOWEVER once Sunrise look-in's start showing what UPSTREAM checkpoint inhibition can really do, they'll start singing a different tune. They're just too greedy.

When Bavi starts smelling like a golden rose, those VERY deep pockets will start to jingle loudly.

In my view, that's when the $28 dream starts to look like reality. Until the price then goes up from there....


GLTAL!

best,

Joe