Avid Bioservices Inc (CDMO)

[pphmtoolong]

Here's a wildly optimistic explanation for the AH purchase of PPHM shares well above the daily high. AstraZeneca is buying the shares to boost the price. The theory being they are toying with idea of a big deal with Peregrine, and they are aware that Peregrine management won't deal while the share price is so low.

Perhaps this is unlikely. I wouldn't know.

GLTA, Especially Bavi-arm Sunrise Patients,

Paul