Investingdog, Why do you weigh importance on what AF and peers think? AF has already made disparaging remarks about Bavi and PPHM as opportunity presented itself. The pps moving from June to September 2012 climbed to $5 1/2 despite statements about Bavi just being a placebo. The market was ignoring the AF remarks when the pps dropped in pre market training on Sept 24 below 80 cents and started trading in the 1.50 to $2 range during normal Sept 24 trading.
My observation is that the AF influence appears to be more for mini bear raids benefit. Sure, mischaracterization showing up in print is aggravating, but there is no particular level of performance or hoop that PPHM needs to a have cleared to win the good graces of AF and the like. AF and the like went silent when PPHM good results were driving the pps, so I see the AF impressions about the first line MOS are a so what now and certainly don't reflect Wall Street sentiment about PPHM. My view is that the investment community will keep churning the PPHM pps with small up moves and shorting until PPHM demonstrates they have resolved their Phase 3 funding and recruitment support needs. PPHM post ASCO indicated that they are in partnering discussions and plan to start Phase 3 by year end. That is what will drive the pps.
Best wishes and IMO.
KT
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