Replies to post #94719 on Avid Bioservices Inc (CDMO)

[kaddy27]

Problem then is this....IF what you, and others, are implying turns out to be correct (I hope it is)then why would PPHM ever put out such a clearly negative PR, halt (I know they don't decide this), etc. I agree it is the company's responsibility to inform the public, however, IF it is just small differences requiring some new calculations etc. then why, why, why would they make the PR look so negative knowing damn well what the market's reaction would be? It could've been worded much differently to minimize the impact so as to no affect their current shareholders, or do they not care?!?!?

[Protector]

I 100% Agree. No blame for the Clinical Trial and what happened for Peregrine.

The only blame is the announcement time.

However, by replying to KT's post it now occurs to me that when they informed the SEC that they where going to announce news they may not have been free to pick the time. The SEC may have IMPOSED 7:30AM to avoid all kinds of 'possible' back-yard schemes for people in the 'known' to sell shares at 5.40$ and up during a couple of hours before an inter-day-session announcements, possibly even at a higher pps (some posters here, and therefore many others, where ready to increase their position after option Friday.

I may have been a little quick on the trigger in assuming Peregrine choose this timing all by them selves (as far as Time, not date).

[spankyvol]

FTM - others

Why say Major discrepancies found. Why say Major... legal reasons?