Replies to post #305949 on Avid Bioservices Inc (CDMO)

[The Other Guy]

Vocal shorts? Have you read the due diligence of the current bod? Any real shareholder should be appalled.

[Protector]

laVieEnRose, yes it is close and that is why it MUST be grabbed NOW or NEVER. Ronin/SW alike companies know that. They also know you have only ONE CHANCE at this.

If you do it to early (when the company will not yields the results of itself because the team before you has put everything for success in place) then shareholders leave you as will say you couldn't do it either.

If you grab it to late then people will see the results where achieved by the previous team. And why change something that worked would be the sentiment.

But there is that LITTLE WINDOW of opportunity, and it is an ART to tune in to that and that at least I give R/SW they did it right, where you can work on the YET INVISIBLE RESULTS and BASH the current team with MOMENTUM ARGUMENTS that you know they have NO DEFENCE AGAINST because they are bound to timings and rules that dictate the tempo (SEC, FDA, USIPO, etc, etc).

BUT RONIN/SW actually ALREADY partially failed. The contingency plan normally is that if you manage to CONVINCE the shareholders (or future shareholders) that R/SW will take over and everything will be pink then the PPS goes up. Yet the PPS is still at the level around 0.60$ where it was long before the R/SW letters.

So NOW it is difficult to SELL a RONIN effect. The PPS move from about 0.30 to 0.60$ is merely Ronin buying in a 20+Mil common PPHM shares position (and as we know know some others that were since much longer invested increased there position too while some left after R/SW's arrival).

So THERE IS NO RONIN/WS EFFECT or NO BIG FOLLOWERS GROUP. We have a SENTIMENT created on here, a PPS equivalent to pre-spli 0.60$ and if the R/SW letters haven had any lasting effect YET then it is not 2 weeks after they were published that it would suddenly happen.

So whatever happens NOW with the PPHM PPS will mainly be driven by Ronin/SW staying or not staying in their position for the down side and for the up-side mainly driven by upcoming PPHM news if available.

THE POSSIBLE TRAP

I had been wondering why it was so important that we believe Ronin/SW filed timely and no real reactions came to this post and why such opposition against a replacement by the current BoD (except CEO King) by NON RONIN neutral candidates that have a good pro-PPHM attitude.

I think I figured a possibility out.

As of the moment that we do REALISE that RONIN/SW filings of BoD candidates is INVALID then we ALSO will KNOW that RONIN does NOT NEED to HOLD its position. That condition and commitment through filing comes only if his shareholders proposition makes the annual meeting.

If they know/knew UPFRONT that they created themselves the procedure error for not being accepted (because IMO it is IMPOSSIBLE that RONIN/SW overlook the very basic Charter regulating BoD member candidates, mentioned in every 10-K and in permanence present on the Nomination Committees PPHM web-page) then they could sell share as much as they wanted at any time while WE believe those shares are locked to AT LEAST THE ANNUAL MEETING. So we would NEVER blame any down movement on RONIN/SW because we'dd figure they cant' sell.

That could be a VERY LUCRATIVE BUSINESS possible MORE LUCRATIVE then taking over PPHM's BoD because for that you'dd need candidates that would stand the vetting and we've only seen the success of OTHER companies seeing acredited to the 3 candidates due to there presence in such company at the moment of success. But that is not what we look for.

So with such large position someone could try to raise the PPS, short it hedged by the long position @ average somewhere between 0.30/0.78$, and close the short position with the delivery from the long position.

But for that you need Ronin/SW supports NOW IMO to euphorically raise the price UP, then when a WELL KNOW AND EXPECTED "NO" is voiced on the annual meeting start shorting and hope all those supporters join the movement.

One would make a small fortune with that move and NOTHING PPHM can do against it. BUT if the PPS does NOT run-up towards the annual and if the average LONG position is 0.60$ then their is no room for much shorting.
You LONG average with one broker must be much LOWER then the price you short with. And you MUST HAVE the longs because otherwise you must buy to close the short position and we all know that with the Market Maker in between SHORT and close with LONG only works if you had OTHER parties bringing it down for you.

So I think that there is NOT ONE SINGLE SCENARIO with RONIN in it that is good for the retail shareholders. RONIN just needs us NOW. Not the other way around.


AIMO.

[north40000]

You write as an experienced French business person ...am I correct?

[corporalagarn]

They are not only suspicious, but the Ronin detractors make up lies about him and post them constantly.

[biopharm]

I notice that most vocal, consistent shorts jump in the boat with Ronin while most longs are suspicious of its intention. WHY???

Yes I agree and when there are ties to Great Point Partners that all of a sudden allows CSM in Fargo to come out of their sabotage saga, looking squeaky clean, it should make one dig deeper ...so Ronin Capital Management should be asked to reveal any ties ( like those with Xencor to licensed agreements with Merck) that may be conflicts of interest when the time comes, IF the same party like a Merck is involved with advanced negotiations with Peregrine Pharmaceuticals