Avid Bioservices Inc (CDMO)

[realist1]

RE "this stop is mainly a loss of time-to-market"

Incorrect. Shareholders lose big time because there will be more trials needed which cost time and money - money through MORE dilution which means that the price potential of the shares goes DOWN LOWER than otherwise. Furthermore, that additional dilution will require THREE times as many shares at 40 cents versus $1.20. It's a negative compounding effect that destroys shareholder value - FACT!

RE " the bulls were in charge " Fantasy.
62% DROP in price. FACT.
20% down is a BEAR. 62% is armageddon for goodness sake.

RE "I mean if this stop has been part of PPHM chosen path to approval"

Huh? the trial FAILED, did you miss that? FDA does NOT approve drugs that fail phase III - period - end of story.

Did you hear the conference call? There was a state of shock!
This is not some master plan at work.

PPHM spent OVER 2 YEARS and tens of millions of DILUTIVE cash to stop their own trial early? No.

RE "The nothing is wrong with the trial"

Except that it failed. Other than that it's all roses......

The ONLY positive thing I can say about recent events is that Fridays volume was significantly smaller that I would have expected given the horrible news.