Avid Bioservices Inc (CDMO)

[biopharm]

I wonder if a # of large IIs are keeping the lid on, shelf and play the other II's away with the low prices. One of the things that makes me things that is that is that by now it is clear you don't easily play the retail Shareholders (Us) out of the game with short attacks etc because most of us protected their positions for that not to happen by removing the stops.

I guess we can't rule out that its possible that "some" own shares that shouldn't have them, whether some BP family...etc

I don't know, but I guess its possible that a "transition" of shares could have been the purpose of BlackRock building up shares slow and methodically.

IF IF an event happens down the road and those off shore accounts locked up seem to disappear and BlackRock seems to hold all those percentages then the probability rises just a bit that it was all part of the plan.

Those were two big IF's ... and lets assume that was the case, now if Peregrine via K&L Gates does come out with some plan to cancel out the "Broker non-votes" lets just hope that its not some shell game and BlackRock now holds the shares "AND" their voting power

... or Fargo has caused me to try and cover all bases and BlackRock is simply ahead of the curve and wants millions of PPHM shares all for themselves. Actually, the way its going... BlackRock is heading for ownership of just under 15% of the company I would say and my reasoning is they don't build up to 6.7% without doubling up as Peregrine inches forward