Avid Bioservices Inc (CDMO)

[realist1]

RE "Peregrine / Avid are a lot smarter than they are given credit"

It takes some serious genius to create a 95% LOSS in shareholder value over 12ish year period?

Or is it the 1,000%ish increase in shares outstanding that is so smart?

"Microbatches for preclinical "

More meaningless words.

Here's something REAL that matters to a PPHM investor......
REVERSE-SPLIT. (AGAIN)
My predictions are:
1. A 1 for 7 which equals 1 for 35 counting the reverse split from 2009.
2. That reversed split price (based on the 1 for 7 and today's price of 29 cents) = $2.03 quickly drops to around $1.50, thereby creating another 25%+ DROP in share price.

Those that don't learn from history are condemned to repeat it.
And - Realist said it would be like this!