Avid Bioservices Inc (CDMO)

[realist1]

RE "The company plans to initiate an open-label multi-center, randomized Phase II trial"

So what?
Do you have any idea how much time passes from "plans to initiate"
to actual data in hand to PR?
Do you have any idea how much DILUTION happens between those 2 points in time?

as time has proven over and over, that is NOT a recipe for a rising stock price.