I'm all for that, it has been a gutsy call to this point. They may be giving up something shortly if they are partnering for P3 though. Can't say I've run the numbers to see what the current/project burn rate is.
Thankfully Avid continues to produce some cash flow, and then picking up Garnick for credibility and in the trenches leadership.
I also think those were the days when Peregrine could have sold their soul and Bavi pipeline and "would" have reached that $10 target as prediected by Roth.
LOL! So they took it upon themselves to "save their soul" and to deny shareholders a ten bagger profit and to delay the progress of their drug and now shareholders are happy that Roth has a $7 price target? You can't make this stuff up. All imo.