Avid Bioservices Inc (CDMO)

[EndtheFed1776]

I do agree with your post. It makes sense. But making sense doesn't establish statistical significance. If it did, the company would have put it together and put out better numbers post the 9-7-12 numbers. The best they could do post sabotage, with the FDA's blessing I suppose, was the 0.217. If you want to extrapolate from the 9-7-12 release, you of course are free to do so. I will not. To me it is just one data point, and not that great of one at that.

Nonetheless, I am sure they got together with the statisticians to make sure SUNRISE was powered correctly. Normally, I do not buy heavily into a company that doesn't already have published SS data. I suppose there are many who see things like me, which is why this stock is priced the way it is. Make no mistake, this is a very risky investment, but with the greater risks come greater rewards or greater losses. Usually you have better data to rely on when investing in a company that is in P3. The CSM fiasco really messed this company up, no doubt about it. If the P3 data is positive, CSM will be have shown to have cost PPHM hundreds of millions of dollars. Without P3, the big damages are speculative. And since the lawsuit will go to trial before the P3 results are in, it seems difficult for PPHM to prove the big money. We will see. It sure would be nice if the case settles for $50 to $100 million or more.