Avid Bioservices Inc (CDMO)

[chenzo11]

My apologies. Yes, let the stock run. It would make so much more sense to let the stock run at the current share price. There are many on this board who believe the S/P is being accumulated and held at these low prices.

If some "family" is accumulating shares, they would stand to make way more money if they let the S/P run now than letting the R/S happen, have their shares cut by a multiple of 7. At a new share price of say $2.50, I believe, BOD will turn on the ATM, diluting your post R/S shares even more. I also believe the shorts would then jump back in heavily. The "family" would be fighting the ATM and the shorts.

Bottom line, it makes much more sense financially to let the S/P run before the R/S. Just so you know, I don't believe there is any accumulation or holding down of the S/P by anyone, other then the shorts. This BOD has zero credibility on the street, and shorts love to feed on such a company.

Off to the links. Gonna be 70deg down here in So. Florida

Cheers
Chenzo