Replies to post #127910 on Avid Bioservices Inc (CDMO)

[keep_trying]

EBS, so what you are suggesting is that Russell share acquisition for rebalancing with PPHM has been underway and has been influencing trading in the period since ASCO. QED.

Best wishes and IMO.
KT

[biopharm]

Eyebuy, I think the "dark pools" are quite the topic and fits perfectly into the hedge fund investigations, and although its legal to an extent (as long as insider info was not used for those block trades), I believe that any group taking part in these operations are the exact ones that are under scrutiny at this very time. From Hedge Funds, Investor Banks, FDA, Big Pharma... etc are all possibly at their peaks simultaneously for investigations, fines and arrests.

Normally, Big Pharma will have a trial that is portrayed "better" than it really is such as hiding the negative safety profile of the drug by not updating patients/ records/ FDA..etc and that goes on and on... till the drug is eventually pulled from the shelf several years. Peregrine does not have this problem... actually, its soo far away from having this problem that Big Pharma is making "major" moves as seen with the Pfizer shake up and trim down and sell everything kind of moves. I think its funny how Pfizer is carefully treading these moves... because being one of the largest around, also makes you likely to be one of the "hardest" to fall unless you make sure you are prepared in your oncology pipeline for the future. Many others are also not prepared as well... and hey, sometimes the fear brings out the Fargo worst in people.

FDA and Big Pharma—Partners in Crime

April 13, 2013

As long as dangerous drugs continue to rake in billions of dollars, the FDA will continue to approve them. And keep them on the market. Regardless of the dangers.

http://institutefornaturalhealing.com/2013/04/fda-and-big-pharma-partners-in-crime/
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How would the Dark Pools themselves be utilized with Peregrine? ..... with all the pressure upon Hedge Funds, The FDA and SEC..etc, I think there are bigger fines coming down the line, especially with a fairly new SEC Director Mary Jo White. I know.. I know... the revolving door and too many past connections: but going after the Chicago Board Options Exchange was a "FIRST" for any former SEC chairperson and again, I think there are bigger fines coming our way, and many that may have had their eyes on the Peregrine Prize on the cheap... just may be forced to play fair and square.

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Staying Calm in a World of Dark Pools, Dark Doings

October 24, 2009

Last week, the Securities and Exchange Commission accused the Galleon Group of hedge funds of trading on inside information. Tens of millions of shares move each day through "dark pools," where quotes aren't displayed until after the trade is done. "Flash orders," appearing for a split second, give some customers a sneak peak at potential trades. More than two-thirds of stock-market volume comes from high-frequency traders, who can buy or sell in less than 400 microseconds, or nearly a thousand times faster than you can blink your eye.

Dark pools are nothing new; they used to be called trading desks. Years ago, brokers routinely kept customers in the dark, hiding information about supply and demand in order to pocket a fatter "spread" on the difference between buyers' bids and sellers' asking prices.

Today's automated dark pools help mutual funds and pension plans, whose ultimate clients are small investors, buy and sell without tipping their hand. That keeps trading costs down. This week, the SEC proposed rules to bring more disclosure to dark pools.

http://online.wsj.com/article/SB125633417039504555.html

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U.S. stock exchanges call for new rules on "dark pools"

April 16, 2013

Departing Securities and Exchange Chairwoman Elisse Walter, along with SEC staff members, met with Nasdaq OMX (NDAQ.O) CEO Bob Greifeld, NYSE Euronext (NYX.N) CEO Duncan Niederauer and BATS Global Markets CEO Joe Ratterman on April 9, according to a SEC filing dated April 10.

There are around 50 dark pools in the United States and 13 public exchanges. Some of the largest U.S. dark pools are run by banks that are also some of the exchanges' largest customers. They include Credit Suisse Group AG's (MLPN.P) CrossFinder, Morgan Stanley's (MS.N) MS Pool and Citigroup Inc's (C.N) Citi Match.

Incoming SEC Chairwoman Mary Jo White, who was sworn in on Wednesday, said in her Senate confirmation hearing in March that the agency should continue to explore the effects of dark pools, along with other issues, such as high-frequency trading and the proliferation of order types on exchanges.

White, a lawyer and former federal prosecutor, was a director on Nasdaq's board from May 2002 until February 2006.

http://www.reuters.com/article/2013/04/16/us-regulation-exchanges-darkpools-idUSBRE93F0VI20130416
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Chicago Board Options Exchange fined $6 million in short sale scheme

June 11, 2013

The Chicago Board Options Exchange has agreed to pay $6 million to settle charges that it poorly supervised its markets, the first fine against a financial market for an alleged regulatory breakdown.

http://www.suntimes.com/news/metro/20678933-418/chicago-board-options-exchange-fined-6-million-in-short-sale-scheme.html
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May historic data.. .bring us historic market caps.

GLTA!