Avid Bioservices Inc (CDMO)

[skweze]

What we are seeing is basically an undistorted picture of beneficial interest. Agree that most beneficial owners have already taken their positions, so absent a price catalyst, no more volume than the present should be expected. The problem is that the next time new money starts lining up, the HFT bots will jump in with front running and algo-bot battles, which then draws the day traders in, all of which grossly distorts the actual buying interest, beneficial trading volume, short interest, etc, so the question will then be how much of it is real buying interest and how much just phantom shares going back and forth. Judging from the size of the last run up (still unexplained, btw), the percentage of phantom shares can be rather significant. All imo.

With minor exceptions our volume is squat.

Less than 2 million each day indicates no one cares.

The smart folks that want into this stock already have all they want or can afford. For the most part these folks are waiting for whatever news/progress that happens to get them to point they will sell or start selling. Most of these smart folks have lots of patience and/or a high price target before they will sell.

The people selling are either non gambler type owners or part of a group of day trader types that get their jollies over nickles and dimes. They really don't count in the total picture.

When there is news that really moves (or could) the stock there are some significant holders of our stock that will play games to suit their own interests.

Folks here generally refer to that is "our stock is being manipulated"...No Kidding

Big changes in our volume will come from NEWS.PERIOD.

King and Company have no reason to give a rats fanny about PR's to make cry baby stockholders happy. We'll get news when he wants us to get news and when it's MATERIAL.

Until then KING is doing exactly what he should be doing.....His JOB...get BAVI to market and become a real going enterprise that actually has a product to sell and make some money.