Avid Bioservices Inc (CDMO)

[NoMoDo]

If I wanted to buy 10% of the company, I would go to the board and get the shares for a fraction of the market price straight from the company. Think Blackrock and Dart. I would then proceed to short the stock into oblivion and if the stock were to spike on news, I would turn in a few shares to cover my shorts then continue shorting as planned. Isn't that how it works CP????

Here, Ronin buys shares at the market price... but wait for it... they buy on the way up at higher market prices. The shareholders get the benefit of doubling the share price, but that isn't good enough. You all bought lottery tickets 20 years ago that didn't pick your number so you deserve a buck a share from the rich guy.

If only they didn't do something illegal we'd have our buck. Proof of illegality? Isn't it obvious? Ronin bought while PPHM sold...sounds like proof to me. What????

Let me add to the conspiracy theory. I will guess that PPHM is sitting on some good news but hasn't announced because they know that some rich guy is bailing them out and they choose not to screw ronin while they are buying the price up to a buck. Those Ba...ards! Someone call the SEC. What does Delaware law have to say about this? Someone draft a certified letter. I know... if only the BOD made $100k less.