Avid Bioservices Inc (CDMO)

[stoxx]

Stock price should not be below $1 with AVID and growth profitability in 16-18months, on-going collaborations and now proof of concept test kits and no debt, etc

The stock is being held down and accumulated and part of the accumulation is to frustrate retailers so on a move up many will sell and never look back.

While reading this article on hedge funds CTO, I came across this sentence.

Finally, there can be nefarious motive of misleading the market and manipulating the prices by hiding stocks.

Nefarious: a nefarious scheme to cheat people out of their money

https://www0.gsb.columbia.edu/mygsb/faculty/research/pubfiles/6037/Hedge_fund_skill.pdf