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pphmtoolong

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pphmtoolong

Re: eb0783 post# 265259

Sunday, 05/29/2016 12:41:52 AM

Sunday, May 29, 2016 12:41:52 AM

Post# of 346282
Yes, eb0783. Without partnering news, I don't see how Peregrine can get back above the $1 share minimum in time to avoid a reverse split.

Sadly without a comprehensive partnership announcement I see the share price sliding after a reverse split. Probably sliding rapidly. I don't like saying it, because I hold a bunch of shares. I just don't see the market reacting positively to any news short of a big dollar partnership or profitable quarterlies.

I have held onto my shares, because I like Avid's revenue growth and prospects. I cling to the hope that Bavi will work well with the new immunotherapies, but I do not consider it likely.

GLTA, Paul
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