Avid Bioservices Inc (CDMO)

[MobyInvestor]

This Board sure gets quiet when the pps goes up???

Amazing how the frame of reference for "going up" always seems to go down...

On 1/27/05 Peregrine received FDA approval to go ahead with a phase I anti-cancer trial for the then named Tarvacin.

On that day the stock closed at a split-adjusted price of $6.00 and had a similarly adjusted 29,786,200 shares outstanding.

And here we are, almost 5 years and an R/S later and what do we have to show for it?

A stock that closed "up" today at $2.85 and around 47MM shares outstanding.

Yep, that's progress...

Regards,

moby