Replies to post #150358 on Avid Bioservices Inc (CDMO)

[Protector]

senrex, are you saying PPHM is about to give birth?

...contraction of Bollingers within Keltner channels often signal a violent move is setting up.

It's kind of like contractions of babies in the ventral channel often signal a violent move into the world is setting up :)

[nosaj89]

higher lows every second day and we are in a pattern this could be well above 1.50 by the time the CC takes place 10 trading days left
and AVID BIO is churning out product with a backlog.figures have to be good if he is going on the road a week before his numbers are out.
talk first and then hit them with the numbers

[The Other Guy]

Senrex, another TA piece to check is the weekly CMF. It's been pointed out before, but last I checked it is in a nice slant northward for PPHM. It's been a key factor in the debate about accumulation. And, even more significant, the current period looks awfully similar to the time period prior to September 2012. Posting this, I know there will be some character wanting to distract and cause interference.

Also, IFU pointed out how the stock price drops 10 cents after the past three quarterly cc's. Why should this one be any different? Well, considering the calendar year ends less than 20 days after the cc it puts a good amount of pressure on Peregrine management and BP to connect before the Phase III launch. That said, I don't believe the launch will be coupled with the cc. I circled December 16 on the calendar.