Avid Bioservices Inc (CDMO)

[Bungler]

CP the fact pattern here is the same as it has been for as long as I can recall since 2008 when I first became a shareholder. A run-up in the share price a few days prior to the quarterly conference call, followed by a smackdown on the day of the conference call. And an integral part of this non-wavering fact pattern is the accompanying speculation that this short term rise in share price signals that "someone must know something is going to happen." It is truly amazing how traders are able to play this scenario over and over and over again every quarter and profit from it.