Replies to post #198072 on Avid Bioservices Inc (CDMO)

[BCS Paladin]

Routine share buying??

I have no idea what exercising options and ESOP shares would be controlled by insider rules.

I'm just repeating a position of another poster that thinks it's important for the BOD to buy shares.

My position is probably not all that important since I sell insurance and bridges.

[Frustrated]

BCS Paladin, would you agree that "if" some type of deal has been agreed to with Peregrine and some other party that it would now be illegal for Peregrine BOD to buy on that information, just as it would be illegal for that other party to buy shares?

Please, if that were indeed the case (which it is not) mgmt and the BOD would not be able to give themselves free options which are worth way more than the measly 10,000 shares of pphm that they are legally allowed to purchase through the employee purchase plan. So I guess Sk and Fussey purchased their shares illegally and the rest of the crew didn't want to take the chance but surely accepted 250,000 free options instead? Yeah that's the ticket.

PPHM THE COMPANY WHOSE EXECUTIVES (ZEISBALL, WORSLEY AND LYTLE TO NAME A FEW) CHOSE NOT PURCHASE SHARES AT $1.08 WHEN THEY LEGALLY HAD THE CHANCE TO DO SO. ALL IMO.