Avid Bioservices Inc (CDMO)

[ststephensrevenge]

Sadly, the punishment of the stock price lies at the feet of management. I agree, it is grossly undervalued...with one caveat...in their hands...the value approaches zero...and rightfully so.

They screwed up cotara' which they pimped as the gateway for all solid tumors once approved for brain cancer.

Failed miserably with the next generation avastin' compound that they pawned off for close to nothing half a decade ago which they just don't want to talk about.

The managemwnt group measured against their piers finishes in the lowest ranking. Institutions therefore avoid investing and the share price suffers. All by design as sick as that sounds. They hide behind the Delaware law and continue to rape a pillage for their own benefit.

This company should have been partnered in 2007 in my opinion.

A failed path of screwups and they have the audacity to award themselves lavish bonuses.

Disaster has ensued since the decision not to partner way back...