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DewDiligence

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DewDiligence

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Re: DewDiligence post# 212397

Tuesday, 11/28/2017 6:46:45 PM

Tuesday, November 28, 2017 6:46:45 PM

Post# of 252667
PPHM +10% on BoD settlement/standstill with activist investor:

https://finance.yahoo.com/news/peregrine-pharmaceuticals-ronin-trading-sw-130500364.html

What’s curious about the new leadership arrangement is that CEO Stephen King, who resigned from the BoD as part of the settlement, no longer has a job to do insofar as another executive is in charge of the company’s sole operating business: the contract manufacturer, Avid Biosciences.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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