Avid Bioservices Inc (CDMO)

[pphmtoolong]

The Sunrise failure was a crushing blow to Peregrine's prospects.

Peregrine is facing yet another reverse split.

Very few speculators will buy their shares for anything more than day trading.

This could be the beginning of the end for Peregrine, unless management can show amazing progress, and soon.

We know what they need to do. Partner Bavi or put it in the slow cooker. Expand Avid.

Talk of astronomical value and evil cabals holding them back are kind of sad.

We few longs dumb enough to hang onto our shares will soon be wiped out unless management shows more business sense than they have in the past. This is not panic. This is where we are.

GLTA, Paul