Avid Bioservices Inc (CDMO)

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In the 2012 lead up to unblinding NSCLC data, there was sustained pressure on the PPHM price per share. Short sellers were suppressing the stock, covering, building positions, borrowing and short selling more shares, covering and buying more shares.

When you know why the stock is falling, you have no fear of buying shares. The shorters know why the price is suppressed.

Most retailers feel anxious about a stock that is falling in price, and if they read the FUD that accompanies the weakening price, they usually steer clear of buying or, actually sell their own shares to the shorts. Ironically, in the end, short sellers are the buyers at these suppressed prices.

Shorting may come from retail shorts, funds establishing positions, or both.


Golfho thinks that we are very close to our first look at the SUNRISE trial. According to his spreadsheet that could mean that Bavi is doing very, very well...like 16 months, or more, in running Overall Survival, compared to 10-11 months for Doce.

IMO

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