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Re: ststephensrevenge post# 279577

Friday, 11/25/2016 11:42:26 PM

Friday, November 25, 2016 11:42:26 PM

Post# of 345952

Tax loss selling is upon us and is bound to render more fun times for longs in December.

Yes how poorly managed this is. You announce a RS but delay executing it. At a time when the shares have 0 possibility of rising above $1 without a major event. Since no trials are underway that means it must be a partnership with $$. If no "event" the share price will continue slowl bleed out under the weight of the pending RS. Then the RS and the usual hit from that. Where will it all settle? RS at these levels (to be kind it could be lower) would yield ~$2.25. Sellers and shorts will push it down belwo $2 let's say $1.80. That's $.25 or so in todays terms.
Avid as a future for pphm is fine for those that bought under $.5 on the backs of past RS and ATM sales. That most make Avid the most costly manufacturing operation creation in history. And it certainly is not worth the multiples talked about here. Bio-Mfg companies trade at < $2x revenue - fact. Valuation speculation, when you are dealing with a quantifiable business like mfg. , is nonsensical. The fact that King get's > $1m per year is shocking - good for him, I guess.
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