Thursday, November 07, 2013 6:20:04 AM
I agree with everything you have written. Obviously the last few months / years have not been easy , ironically was much easier 8-10 years ago. Now the expectations of us longs have increased, I think , and with the first good results on the table ( Bavi PII / PIII, Avid....) , it's normal that there's impatience. As you say, you should always keep in mind the philosophy of the great Warren (just the way of thinking, of course, I'm aware that he would NEVER invested in pphm like me) and have patience.
One thing not clear to me. The PP. I know that pre split , if I remember correctly , it was $ 11. It's correct? My question is the following : after split , remained at $ 11 or $ 55 now ?
Maybe I missed some steps, but at the time of the split , someone had posted the question on the forum here that the poison pill would have been $ 11 even after the split.
Honestly I never understood what the truth was , and equally honestly admit that I had never interested much.
Does anyone know clarify this issue once and for all?
Thanks in advance.
Peregrine Pharmaceuticals to become the Microsoft of Biotechnology!
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