Avid Bioservices Inc (CDMO)

[Seagull2]

The gap up by EXEL on July 20 was quite rewarding to Exel shareholders. I have held EXEL since the time they first sank below $4.00 a year or two ago. I bought again when it went below $2.00 and again when it went below $1.50. I sold my whole position in the Premarket on 7/20 for $6.43 and bought the entire position back later that day for $5.48. Holding Long and strong in EXEL. I think there is a good chance it will double from existing prices by the end of the year. Like PPHM we just have to buy them and hold them when they are cheap. When the move in PPHM comes, as it was in EXEL a triple In PPS in a short period of time will be the norm. Buying the options on HZNP along with the shares has been quite rewarding also. The options will be active on PPHM once they break out of the current price channel. At that time it may be beneficial to sell some puts if the premiums are large enough both in and out of the money . I did that with EXEL when it was moving up; collecting premiums months on strikes well below the PPS.

ALL THE BEST
GULL