Avid Bioservices Inc (CDMO)

[pphmtoolong]

The closer we get to the turning point for Peregrine, the more pressure we see on the share price. You might think the SP would rise under these conditions.

Peregrine is about seven weeks from Sunrise full enrollment. More significant data updates are coming in the next few weeks to months.

Clearly anyone can see that Peregrine has the funding to take Bavi to commercialization without making a cheapo deal with some Machiavellian BP. So, why the pressure campaign to intensify doubt in Peregrine's chance to succeed?

I like the "last chance to profit by manipulating the SP while PPHM shares are still vulnerable" theory. Drag down the SP few pennies, buy hundreds of thousands of shares, and then sell on the very likely bounce. If you do this 5-10 times a year, you could send a few kids through college, lease a few fancy cars, and generally consider yourself a financial wizard.

My point is that the chance to play this kind of game will end when Peregrine leaves the bargain basement SP levels. Soon would be nice.

GLTA, Especially Bavi-arm Sunrise Patients,

Paul