Replies to post #103842 on Avid Bioservices Inc (CDMO)

[Protector]

geo, i don't believe this 1$ thing is the reason.

If bad, could it be they want to keep the pps above $1 Gil after Monday. I hope this is not the case for many reasons.

1) Can they hold it there, how do they do that, because that ability is a pre-requisite to your assumption.

2) Assume they have that ability, then when they have it now they'll have it in the future too.

3) Then why do it now, when they can wait 2 x 180 days and use that ability at that moment and get another 2 x 180 days and so on if non of the clinical trials would have ANY success bringing us above 1$.

4) The Quarterly and CC are certainly not the reasons. As I posted before being in front and mangled with their shareholders at the annual, just after Black Monday, must have been a much more difficult situation for them then not getting a compliance letter while they still have about a year to fix that.

5) Keeping us artificially above 1$ now, could result in having to do it a couple of times if the CT data of pancreatic and others come in end Q1/2013 instead of Jan/Feb!

So really, with all the good will of the world, and without wanting to position myself unconditionally at the side of Peregrine here, but I don't think they are as stupid as that!

[md1225]

WHO KNOWS!!!!!


Thorpe and Garnick KNOW!

Both have communicated this is just a delay "small setback".


Not my words theirs.....


Talk to you gents tonight I had to reply.

[nuke661]

Geo,

There's always the chance of any of the scenarios IMO. There must be a Schrodinger wave function for Bavi's 2nd line NSLC data and I wish I knew it. :-)

I'm just going to sit back and hold on until the very bright (or bitter) end. FYI - if I did have a wave function equation for all of Bavi's trials' data then the "bitter end" solution would most definitely have the lowest possible probability (I think).

I made a decision to trade PPHM with a very small amount of money that I normally would have bought and held with. Its keeping me occupied and actually has me somewhat less disappointed when the price is falling because I have a goal to round off my holdings to a specific number. Its allowing me to have some short term successes to boost my spirits while the larger chunk of the investment is altitudenly (my new word) challenged. I figured I should try and put some of this long term watching, reading and waiting knowledge of PPHM to some use.

I'm hoping they surprise the heck out of us with great news on Monday but its just a hope. I'm most anticipating the pancreatic trial results along with, of course, supporting great info on the other trials.