Replies to post #168264 on Avid Bioservices Inc (CDMO)

[The Other Guy]

We need a news event though I'm still baffled by the big move on 36 million shares. Really surprised we are moving up at this point. I still figure they won't want a big payout on March options and the executive team needs a better price for their options awards.

PPHM will most likely drop to the $2 range for Friday to minimize/eliminate options payouts, I agree. Right now we're seeing a little bit of action to appease the TA followers. Then the shorts will come in tomorrow and Friday to take care of those pesky options. Peregrine will not upset the applecart by releasing news on Friday. They will wait until Monday in the least (if there is anything to release). I believe management is finally catching on to playing the WS game. Sadly, those excited about today's run up will get burnt for a short time. I'm tired of these games...

[goodplenty100]

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"Last thought is that PPHM knows a lot more then they are telling us and plan to release more information in order to stay clean. Doing that prior to awarding themselves options or the next big conference would make sense."

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Would make sense to you and me, but, that would raise the pps,
don't think they want that prior to their award.
JMO