Replies to post #164552 on Avid Bioservices Inc (CDMO)

[cheynew]

Nice action for PPHMP too.

Peregrine Pharmaceuticals Inc. 10.50% Ser E Convertible Pfd Stk (PPHMP)-
Last Change (%) Trade Time Bid (size) Ask (size) Day Volume
27.67 2.42 (9.58%) 16:00 27.30 (100) 28.26 (200) 35,839

[entdoc]

KT, buen idea re.linkage between PPHM preferred shares which are convertible at $3/common share, and the awareness among, say (for example) "Texas money", which might be classified as retail/wholesale buyers, or the "pre-institutional" big guy investors who want to know what's happening next in the Pharm Dept of their alma mater (in this case, UTSW), and before the big institutional buyers step in.