Avid Bioservices Inc (CDMO)

[Protector]

RM, for starters the max RS is 7:1 and secondly we know the PPHM PPS can jump 0.50$ easily in one single day (we've seen it in the past).

A deal would indeed help. But anyways, with the described potential, Avid's success and revenue, the R&D cost down each quarter and the CEO's claim for profitability I think the PPHM shares are well set to climb up on solid volume.

It touched 0.66$ last week, and as I posted it needed to retract (did it to 0.48) to be able to continue its climb. This is a market maker regulated NASDAQ stock and that is the way they move up.

Furthermore we have a Q/CC around March 8-10 and I hope that yields more information and most often an up-front PR.