Replies to post #110788 on Avid Bioservices Inc (CDMO)

[charlie323]

We will know soon enough....but i did find it hard to believe that KERX with one drug only, did what it did in price..i can only imagine if things work out for PPHM..

I am feeling even more conifent about the next event, albeit very dissappointed with the updates...there is still next week, mAybe tomorrow...

But its time for the show to get going! All im interested is in the news (favorable news) and the PPS will do its own thing...

good luck to all...

[bimerkjaere]

I don't believe that there currently is negative insider news floating on pphm to keep it around $2.00. The general investment community lost faith in mngt and bavi after the trial discrepancies, punishing the stock to lows around $0.8. Basically, they (investors) felt like pphm could be years away from moving bavi to a ph III if the 2nd-line trial needs to be redone and 1st-line NSCLC and pancreatic miss on MOS endpoints. If that is true, then $1 or less is warranted, however, mgnt has indicated they believe the data supports Ph III advancement (thus the $2 price), but investors are not yet convinced.

So what happens next? If the next PR indicates green light for Ph III 2nd-line or 1st-line NSCLC MOS is 4-5 mos better than control or pancreatic is 3+ mos better than control, then we will see prices returning to $5 in a hurry. If any of the above is coupled, we should clear $8 with ease. Finally, a BP announcement adds even more credence to the bavi story, also pushing SP higher.

Ok, that is the positive. If we don't here that 1st-line NSCLC or pancreatic is trending nicely at the upcoming investor conferences in March and no word on 2nd-line decision by FDA, I think we could easily stay at $1.50-$2 for the entire 1H13.

My prediction for an end-of-year SP for 2013 will be >$9 (70%) or <$1 (30%)

IMO

[BioChica]

It really boils down to a lack of good communications! Steven King will never be the great communicator! Just remember he's a lab rat!
So I don't think the street has much to go on. I think we have to make an educated guess when it comes to up and coming Bavi results. Thanks to people like FTM, Bungler and CP. I am in it so I have my fingers and toes crossed!