Avid Bioservices Inc (CDMO)

[Protector]

MD, I know you perceive the below as a good thing.

Last night I confirmed my article has been sent out to some aggressive hedge funds. What they do with the "nod" next week we will see. I was told it will start the real buying.

That was your night of 26th into 27th (I am writing this after an extra night over here).

We did 4Milj shares yesterday (27th) and 2Milj the day before (26th). Yesterday only gave us 3 cent, while we should have been above 1.50$ on that volume and the way trades were listed on L3.

Yet we close at 3 cents up at 1.43$ (OK not complaining 12+% up for the week). The hit back happened about 14 PM (Eastern). Quite sudden. And with the information you are disclosing now I start to understand what COULD HAVE happened.

Always think and also remember Cremer's statements, the market always makes the PPS move down first and fill then. If you short 1Milj shares FAST and then load 2Milj shares SLOW you have the short profit for the PPS going down, and you fill at better prices for your long position. Look at the charts starting about 14 PM and notice the down movement followed by sideways spread volume.