Replies to post #264142 on Avid Bioservices Inc (CDMO)

[JJ1223]

Peregrine management needs to get serious about taking care of its destroyed shareholder confidence.

Some people can never be convinced Paul, and those are not the investors Peregrine is concerned with IMHO. Investing in biotech is a tough game, and it is doubtful that company leadership spends any time reading this board. Lots of positive things still happening, if one is inclined to look, but don't expect the burn rate to hit zero anytime soon. PS Targeting will play a big role, and they can't change course every time someone thinks it would be wise to do so. The reasons I invested are still in play. GL

[vanessapu]

Paul not to worry our stock is worth billions ,lets give them another chance to go broke

[InternetForumUser]

Just because AZ referred to it as a "partnership", doesn't really help with anything. In the real world everyone, really knows it really isn't that type of partnership.

At best it was a "donation" of their excess supply of drugs.

We all should be ecstatic because we own 100% of the IP. If Management had sold some of the rights then the PPS probably wouldn't be where it is at today. They all should be rewarded.

All Peregrine has is a management team who has been stumbling for the past decades. Amazing how a group of incompetent People still have a job.