Avid Bioservices Inc (CDMO)

[skweze]

It's hard to quibble with the day to day value of an undervalued stock since it is always too low...OTOH the shenanigans that go on in today's opaque markets are pathetic. PPS isn't even loosely tethered to supply, demand, or actual shares available. The only way we will get close to realistic pricing is when the "insiders" know that real buyers are lining up outside the door and they can get burned playing with counterfeit shares. All imo.

djohn, the people who count, the BPs, monitor Peregrine like they monitor all the other promising little biotechs. I'm sure the eyebrows went up a millimeter at the latest preclinical. Are they reaching for their checkbooks? Maybe not yet, but if the Bavi-Yervoy trial ever produces good news, I bet they will. If Sunrise produces good news, I know they will.

So, today belongs to the day traders. Don't begrudge them their fun. We'll have ours later. Maybe a lot of it.