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AfterHours=9,075Shares@$23.31... Watching For More Buys Glta,eom.
342 Institutional Investors Own 91% Of $CDMO Stock...
Next Earnings Report Approaching Fast.
Tic, Toc,... Got Stock?
Glta Bulls, Watchers, & StockHOLDERS!
link:
https://fintel.io/so/us/cdmo
Will $BB Close Above PreMarket High=$21.54??? Glta StockHOLDERS,eom.
Fast Approaching $22.36, Will $CDMO BreakOut??? See Link...
https://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=CDMO
Glta Bulls, Watchers, & StockHOLDERS!
$CDMO OnWatch For Potential BreakOut Above $22.36, AccordingTo...
https://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=CDMO
Glta Bulls, Watchers, & StockHOLDERS!
EarningsReport On Jun7, Jun29, Or Some Other Date???...
EarningsWhispers had been saying June 7th ER, but today
suddenly it says June 29th?
I haven't noticed any other website(s) with ER date guesstimates.
Has anyone else seen anything?
https://www.earningswhispers.com/stocks/cdmo
Glta $CDMO Bulls, Watchers, & HOLDERS!
Happy Memorial Day Weekend too
Here You Go Cheynew, Newer Filings & Link...
2021-02-02 13F Addison Advisors LLC 158
2021-05-19 13F Geneos Wealth Management Inc. 2,500
2021-02-03 13F Matarin Capital Management, LLC 26,071
2021-03-02 13F/A Norges Bank 197,000
All found via link:
https://fintel.io/so/us/cdmo
Glta Bulls, Watchers, & StockHOLDERS!
So, 91% II's, PLUS About 6% ShortInterest... Glta,eom
Institutional Investors Now Own 91% Of $CDMO, AccordingTo...
Fintel, Which Recently Updated Their Website & Removed Old Incorrect Data:
https://fintel.io/so/us/cdmo
Glta Bulls, Watchers, & StockHOLDERS!
Have A Safe Memorial Day Weekend Celebration!
Do Institutional Investors Own 78% or 91%? Well…
According to Nasdaq it is 78%, but they only list
165 Institutional Investors.
On the other, FINTEL lists 334 Institutional Owners
And they also include Tappan’s 4,285,000 shares
shown on their 13G/A dated 2021-02-12
Links:
https://www.nasdaq.com/market-activity/stocks/cdmo/institutional-holdings
https://fintel.io/so/us/cdmo
Appears that many II’s have reported 13f’s (etc) since 3/31/2021
Glta Bulls, Watchers, & StockHOLDERS
Nice Catch! Very Interesting Indeed Glta StockHOLDERS!eom.
Not Sure, But Intriguing Observation Glta,eom.
AND, They Are Still Buying Just Look At...
There most recent 13F:
File Date Source Investor Avg Share Price Shares
2021-05-14 13F Fmr Llc 14.88 8,012,514
Glta Bulls, Watchers, & StockHOLDERS!
ThinkOrSwim Shows Potential MarketMakerMove Of +/-$1.155, glta,eom.
Here's What Investopedia Says About Cup And Handles...
A cup and handle is considered a bullish signal extending an uptrend, and is used to spot opportunities to go long. Technical traders using this indicator should place a stop buy order slightly above the upper trendline of the handle part of the pattern.
link:
https://www.investopedia.com/terms/c/cupandhandle.asp#:~:text=A%20cup%20and%20handle%20is%20considered%20a%20bullish%20signal%20extending,handle%20part%20of%20the%20pattern.
Glta Bulls, Watchers, & StockHOLDERS!
WeeklyChart LookingLike Cup&Handle InProcess? WillNextMove Above$22 BreakOut? Glta,eom.
FuturesTrading Dropping After Hitting All Time HIGH's. Glta,eom.
CDMO Didn't Go Up Recently When HALO Did...
CDMO's PPS Shouldn't drop because of HALO getting 1 downgrade.
But, I've seen crazier things happen.
Glta Bulls, Watchers, & HOLDERS!
ASK Currently $0.66 BELOW ClosingPrice??? OnWatchForBearAttack? Glta,eom.
...ToAmend TheSecuritiesExchange Actof1934 ToProhibit Certain Payment
For OrderFlow...
link:
https://financialservices.house.gov/uploadedfiles/5.06.2021_bills-1171pih-actof2021-order.flow.pdf
Glta Bulls, Watchers, & HOLDERS!
...ToAmend SecuritiesExchangeAct Of1934 To PROHIBIT TradingAhead By MarketMakers...
link: https://financialservices.house.gov/uploadedfiles/5.06.2021_bills-117pih-tradeahead.pdf
117TH CONGRESS
1ST SESSION H. R. ll
To amend the Securities Exchange Act of 1934 to prohibit trading ahead
by market makers, and for other purposes.
IN THE HOUSE OF REPRESENTATIVES
Ml. llllll introduced the following bill; which was referred to the
Committee on llllllllllllll
A BILL
To amend the Securities Exchange Act of 1934 to prohibit
trading ahead by market makers, and for other purposes.
1 Be it enacted by the Senate and House of Representa2 tives of the United States of America in Congress assembled,
3 SECTION 1. PROHIBITION ON TRADING AHEAD BY MARKET
4 MAKERS.
5 Section 15 of the Securities Exchange Act of 1934
6 (15 U.S.C. 78o) is amended by adding at the end the fol7 lowing:
8 ‘‘(p) PROHIBITION ON TRADING AHEAD BY MARKET
9 MAKERS.—
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May 3, 2021 (4:24 p.m.)
G:\CMTE\FS\17\SEC\TRADE_AHEAD.XML
g:\VHLD\050321\D050321.072.xml (801149|1)
2
1 ‘‘(1) IN GENERAL.—With respect to a person
2 acting in the capacity of market maker, if the person
3 accepts and holds an order in an equity security
4 from a customer of such person or a customer of an5 other broker without immediately executing the
6 order, it shall be unlawful for such person to trade
7 that security on the same side of the market for the
8 person’s own account at a price that would satisfy
9 the customer order, unless the person immediately
10 thereafter executes the customer order up to the size
11 and at the same or better price at which the person
12 traded for the person’s own account.
13 ‘‘(2) ANNUAL CEO CERTIFICATION.—The Chief
14 Executive Officer of each person that acts in the ca15 pacity of a market maker shall issue an annual cer16 tification to the Commission, in such form and man17 ner as the Commission may prescribe by rule, that
18 certifies that—
19 ‘‘(A) the person has performed reasonable
20 due diligence during the reporting period to en21 sure that the person is not violating paragraph
22 (1); and
23 ‘‘(B) the person has not violated para24 graph (1) during the reporting period.
25 ‘‘(3) PERSONAL LIABILITY.—
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May 3, 2021 (4:24 p.m.)
G:\CMTE\FS\17\SEC\TRADE_AHEAD.XML
g:\VHLD\050321\D050321.072.xml (801149|1)
3
1 ‘‘(A) FINE FOR INDIVIDUAL VIOLA2 TIONS.—Any associated person of a market
3 maker who knowingly and willfully causes the
4 market maker to violate paragraph (1) (or who
5 directs another agent or associated person of
6 the market maker to commit such a violation or
7 engage in such acts that result in the associated
8 person being personally unjustly enriched) shall
9 be fined in an amount equal to the greater of—
10 ‘‘(i) the amount of profit realized by
11 reason of such violation; and
12 ‘‘(ii) $50,000.
13 ‘‘(B) COURSE OF CONDUCT.—Any associ14 ated person of a market maker who knowingly
15 and willfully causes the market maker to en16 gage in a course of conduct of knowingly and
17 willfully violating paragraph (1) (or who directs
18 another agent or associated person of the mar19 ket maker to commit such a violation or engage
20 in such acts that result in the associated person
21 being personally unjustly enriched) shall be—
22 ‘‘(i) fined in an amount not to exceed
23 100 percent of the compensation (including
24 stock options awarded as compensation)
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May 3, 2021 (4:24 p.m.)
G:\CMTE\FS\17\SEC\TRADE_AHEAD.XML
g:\VHLD\050321\D050321.072.xml (801149|1)
4
1 received by such associated person from
2 the market maker—
3 ‘‘(I) during the time period in
4 which the violations occurred; or
5 ‘‘(II) in the one to three year
6 time period preceding the date on
7 which the violations were discovered;
8 and
9 ‘‘(ii) imprisoned for not more than 5
10 years.
11 ‘‘(C) ASSOCIATED PERSON DEFINED.—The
12 term ‘associated person’ means an associated
13 person of a broker or dealer.’’.
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Any $CDMO DarkPool Trading Reports Today? Glta,eom.
Protector, Based On Your Prior Post, I Think...
That Avid's PPS Should SkyRocket.
You said PPS needed to drop to $20.50 to enable us to climb higher!
Glta Bulls, Watchers, & HOLDERS!!!
As Cheynew Posted, I Agree, Job Openings Dropped...
...this year, to about the teens and recently have gone back up into the 20's.
But, I have no way of knowing if all the 40 originally quoted by Avid were hired and these are more? Or perhaps some of the 40 didn't want to stick around for a 6 month training program? Or, did Avid start hiring end of last year before being quoted as searching for 40 new hires???
Many possibilities, but only Avid can answer those questions. All we can do is read between the lines when Avid happens to mention head counts in PR's.
Glta Bulls, Watchers, & HOLDERS!
Cheynew, Maybe Protector Is Talking About 40 Employees...
That Avid was quoted as trying to increase staff to meet demands.
The post that I'm replying to plus more posts around that time period mentioned Avid's expansion plans and articles, like:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=160691832&txt2find=hiring
plus other posts around the beginning of 2021.
Glta Bulls, Watchers, & HOLDERS!!!
$CDMO OnWatch For Possible BreakOut Above $22.34, link...
https://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=CDMO
Glta Bulls, Watchers, & StockHOLDERS!
VeryPossible HL. Wonder Why SeniorNotePR Mentioned 4/10? glta,eom.
Interesting, CDMOP Still Be Traded On ThinkOrSwim??? glta,eom.
On ThinkOrSwim "Shares" Represents Shares Issued, And "Volume"...
Represents Shares Traded.
I just noticed that for the Preferred Shares, Both figures are zero!
So, it would appear that all preferred shares are no longer in existence.
Now we wait for PR to show how many got converted to common and how many got bought back using funds from Senior Notes.
Glta $CDMO Bulls, Watchers, & HOLDERS!
Reminder $CDMO CouldOpen AsHighAs $20.31 Without Creating UpGAP.glta,eom.
Level2 Currently Shows No Orders For PreferredShares CDMOP...
And Zero Share Placeholders For BID @$16.34 & ASK @$33.79
Otherwise, Market Depth Empty Like A Ghost Town.
But, As Of Yet, No PR Detected About Status Of Preferred Shares...
Glta Avid StockHOLDERS
April 10th Discussed In SeniorNote PR Dated 3/10/20201...
as seen in the following link:
http://www.globenewswire.com/news-release/2021/03/10/2190028/0/en/Avid-Bioservices-Inc-Announces-Pricing-of-125-Million-Offering-of-Exchangeable-Senior-Notes.html
So, PR should be Issued in next couple days, possibly resulting in upward movement in Commmon Stock Price, imho.
Glta $CDMO Bulls, Watchers, & HOLDERS!
Watch PPS When PR Says Preferred Gone! Glta,eom!
A Variety Of Posts Starting Around 3/8 PR...
discussed multiple opinions around shorting of CDMO in regards to the new Senior Notes.
FWIW, The Shorting of CDMO Began on 3/3 (see below), which was BEFORE the announcement of proposed senior notes that was given just about an hour after Avid's ER. When I stated "Senior Note Shenanigans", it meant starting before the announcement. Senior Note Buyers knew before it was PR'd, and so, shorted before to scalp a "Shorting Profit", cause panic selling, and improve the pricing of the yet to be determined Senior Notes, imho
This link shows a good long term daily chart:
https://finviz.com/quote.ashx?t=CDMO
And this link shows daily shorting percentages of shares traded via NASDAQ & the NYSE markets. Note Volume & Percent Of Daily Shorting Starting 3/3:
http://shortvolumes.com/?t=CDMO
Glty & All Bulls, Watchers, & HOLDERS!
$CDMO Can SafelyOpen AsHighAs $19.24 Without Creating UpGAP...
Slowly Heading Back up, Up, UP To The $22's
Recovering From Shorting Due To Senior Note Private Placement Shenanigans!
Glta Bulls, Watchers, & StockHOLDERS!
Bullishly Low Put/Call Ratio=0.080 Glta Stockholders,eom.
Imho, TooMany LargeBuyers OVER $20. They'll Push PPS...
Back up, Up, UP!
They Bought Large Volume At High Prices
Because They Know Long Term $CDMO Is Climbing.
They Aren't Happy With Their Investment
Dropping in Value, But I Doubt Any Of Those Investors
Are Considering Selling For A Loss, lol.
The Offering Didn't Change That
And Shorters Won't Keep PPS Down!
Glta Bulls, Watchers, & HOLDERS!!!
6 RED DAYS In A Row! Glta,eom.
Technically, $CDMO CanSafelyOpen Tomorrow AsHighAs $17.87 WithoutCreating UpGAP...
GltaBulls,Watchers&HOLDERS,eom.
Reminder: "Humanigen, Avid enter COVID-19 therapy manufacturing agreement..."
"By The Science Advisory Board staff writers
February 3, 2021 -- Contract development and manufacturing organization Avid Bioservices and Humanigen have entered into a manufacturing services agreement to expand production capacity for lenzilumab, Humanigen's COVID-19 therapeutic candidate.
Lenzilumab is an anti-human granulocyte macrophage-colony stimulating factor (GM-CSF) monoclonal antibody designed to prevent and treat cytokine storm associated with COVID-19. The candidate is currently in a phase III clinical trial in hospitalized COVID-19 patients.
Under the agreement, Avid will initiate technical transfer and analytical validation activities for lenzilumab with the goal of delivering current good manufacturing practice (cGMP) drug substance batches to support Humanigen's regulatory and potential commercial activities.
The agreement supports Humanigen's commercialization efforts for lenzilumab in advance of potential filings for emergency use authorization and a subsequent biologics license application later this year."
************
Source link:
https://www.scienceboard.net/index.aspx?sec=ser&sub=def&pag=dis&ItemID=2097
Glta $CDMO Bulls, Watchers, & HOLDERS!