Avid Bioservices Inc (CDMO)

[Frustrated]

Considering the amount of shares they owned prior to the dosing mix up compared to the number today I would say its looking good. With that many shares don't you thing they at least called to get some clarification when the mix up happened ? At 10 million shares they lost over 40 million from Fridays close to Mondays open and they are not only still here but increasing their position.

Blackrock did not own 10 million shares prior to the dosing incident! As a matter fact they owned about 3.6 million shares in Feb 2011 and then in June 2012 they only owned 1.6 million shares if I am reading the SEC filings correctly. Perhaps they were tipped off on the botched trial. I agree that it may be a good sign that they have upped their shares but they have lost money and sold out on pphm before so who really knows.


PPHM THE COMPANY WHOSE CEO IN MARCH 2014 TALKED ABOUT A PARTNERSHIP COMING TO FRUITION IN UPCOMING YEAR. IT IS NOW JANUARY 30, 2015, 30 days past the year 2014. CREDIBILITY IS AN ISUUE. ALL IMO.