Replies to post #128274 on Avid Bioservices Inc (CDMO)

[stoneroad]

Could not agree more. I am growing increasingly concerned about front line results. Not selling, but nervous.

[pphmtoolong]

I-dog. Given your high level of discomfort, maybe you should sell and watch this play out from the side lines.

I am convinced that your angst is real, but my assessment of the situation is very different from yours. I am very pleased with the progress made by Peregrine management.

I believe the market in PPHM shares is dominated by daytraders and those who don't actually know very much about the Bavi trials and Peregrine's prospects. Fair enough. I'm sure many stocks are held and traded by those who don't know much about them.

However, if Peregrine comes up with a lucrative partnership, this will be visible enough to move share price higher. Maybe not back to the $5.50 level, but close. At that point many of us will be sitting on huge gains. I'm willing to wait a few more weeks for that.

GLTA, Paul