Avid Bioservices Inc (CDMO)

[Protector]

Scaring you out of your PPHM shares!

After reading the article Hypi linked to I found myself compelled to write a post on what stock manipulation could mean in the specific case of PPHM.

For starters a confession:
- My PPHM shares are on the shelf (in my portfolio)
- I don't do options (any more since Q4/2011)
- I have no stops or trailing stops (eliminate risk of buy-back trap)
- I converted my account to a cash account (shares out of lending program)
- I don't trade (sell-buy-back) the shares any more (eliminate risk of buy-back trap)
- I don't care what the pps is, even if we revisit 0.39$ Post Split
- I wait for an ICPT-alike event (or series of events in the case of PPHM)
- I have a plan worked out how to manoeuvre when these events occur
- Until then I passionately follow PPHM and post without worries on my head.

So, I am the WORST NIGHTMARE of all those that want to manipulate the PPHM stock because:

- Since I don't do options and my shares are on the shelf I am not susceptible to the Option Expiration Dateline (or would Deathline be more appropriate) stress.

- Since I have no stops or trailing stops I must not continuously worry about artificial price peeks re-arming trailing stops, or artificial dips hitting the stops during short attacks.

- Due to the Cash account my shares are no longer available for the lending program and short players cannot lend them to short MY owned stock down. Never shoot in your own foot! And if we all did this, or place a high priced Good Till Cancelled order if you have a Margin account (which achieves the same) then playing good old PPHM would become a lot more difficult and the pps would be under much more upwards stress!

- Since I am in for the big-bang there is also no way they'll play FEAR on me. You know, over the many (since the 90's) years I have TCLN/PPHM I have heard it all. New readers have now idea how many times this stock was going to file for bankruptcy, was going to be NASDAQ delisted, etc. And you have no idea either what doom has been shuffled over Cotara and Bavi. One was a placebo, the other just good to kill a brain cancer by drowning the patients with Cotara.

Non of both was ever going to make it through the FDA, yet they have both a PIII design approval, both a FDA Fast Track designation and Cotara has US & European Orphan Drug (Marketing protection grand) on top of that. But the fear machine still thought PPHM had to throw the towel. This week PPHM was on CNBC and said to hold one of the few breakthrough immuno-cancer drugs with Bavituximab! So I think that layer of doom can be disregarded too now and the spreaders of it judged on their assessment abilities.

Then a new era of doom broke in. PPHM's management. They were involved with Hoaxes, cherry-picking clinical trial results, they were incapable of leading the company, they were in on share dilution with the ATM and offshore constructions of ES. They were only interested in cheap shares and cheap options and not in in the company partnering, or in advancing the clinical trials (one even said they make the trials fail at purpose or stop them without reason in order to keep on paying their salaries while they try again). But with the granting of two FDA PIII (of which one started enrolling) and the announcement of the preferred shares and the de facto non use of the ATM according the last reports that balloon is perforated too!

It can be understood that FEAR is used to loosen up the retail shareholders shares. According an interview with Shan PPHM shares are for 75% in the hands of only 5000 retail shareholders (the rest are ES, Dart, employees and Management and the Institutionals). This information is from after the switch of transfer agent and dates from around end 2012.

Conclusion
Whether big players or any other party that has either the skill, means and depth of pockets (or all of them) to cheat and manipulate you out of your shares can do that depends ONLY on yourself.

The stock market game is more about psychology then ANYTHING else!!!! The question is, are YOU vulnerable or did you manage to put yourself outside the target line!

Do you flinch at 1$ and panic at 0.50$ or are you still in. If you are still in and you do not understand what is in this post then you are in the disadvantage, because NOW THAT you have been scared with the SEPT 2012 incident, your brain has been reprogrammed not to be in that scenario again. You'll asses differently, you have been opened to vulnerabilities. Just to illustrated that:

What would you do if PPHM removed "RBC Capital Markets Healthcare Conference" from it's event list on their web-site (remember Credit Swiss) and we find out from the Cowen and ROTH web-site that PPHM will not be present (Vienna) while still listed on PPHM event page?

Well, I am sure many of you would possibly liquidify (sell) some of their portfolio just in case this would point to another SEPT 2012 alike event (it is called exemplary thinking and in general a good survival asset but in the case of the stock market a dangerous weapon to use against you). Well, at the other side of the deal some will be scooping your shares up below 2$!

So I simplified my life. I am in All-or-Nothing based on my believe in Cotara and Bavi pipelines, the IP and even the BoD/Management that, when I look back on it isn't that unexperienced any-more (how could they after so many years), salvaged our leading indication CT, and with hindsight seemed to have attracted and hired a super team and made the right choices (incl. the temporary usage of the ATM to close the gap and save-guard our investment). This is not a pump, it is supported by fact!

What about your life simplification? Are you still counting daily pps cent moves or did you evolve into the bigger picture?