Avid Bioservices Inc (CDMO)

[tech0200]

I agree.

Many overlook that PPHM stock never got any support from management until that conference call at the end of June or early July. We should all remember the well deserved criticism management got for that until the turnaround. The stock has been worth a lot more that it has been trading at until now. If management had been supporting the pps for years, we would be sitting at a much higher pps now.

Many of us took advantage of the depressed pps and bought more. With the options, I now have about ten times more shares than I did after the stock split. If the stock instead of going down to 50 cents had gone up to say ten dollars after the stock split, I might have maybe one fifth the number of shares I have now.

PPHM is still way undervalued. I say $100 a share or ten billion market cap is cheap. I think we should get multiples of that.
I base this on the worth of other biotechs. VRTX, for example, has a market cap of 13 billion. I like PPHM's pipeline much better than theirs.