Avid Bioservices Inc (CDMO)

[pphmtoolong]

cheynew, I don't know about other shareholders but it was always clear to me that Peregrine was a highly speculative investment. All the talk of billions here clearly indicated many understood this was an all or nothing throw of the dice. Success depended not just on management skill, but whether Mother Nature wanted the anti-PS approach to be a significant cancer/virus fighter. As of now, Mother Nature has given us the cold shoulder.

The fact that Peregrine management had a fall back position in the mabufacturing space is probably just luck. But I'll take it.
A rapidly growing Avid may be worth a few bucks a share. Not a fortune but that's a lot better than a complete loss.

If Bavi-immunotherapy works out, we will make some substantial money. I don't see strong evidence this will happen, but it is still possible.

So, we go on from here. Demonizing management for being greedy seems a little hypocritical from all us would-be millionaires.

GLTA, Paul