Avid Bioservices Inc (CDMO)

[stoxx]

Things that have happened over the past year and now setting up for a big move up, the long term accumulation of shares are in strong hands that settle for long term holdings, control in the company policies/BoD and massive returns.

One method of accumulation is block building; block-building aims at influencing corporate policies or control, then the long position with which the voting rights are endowed becomes necessary. This explains why confidential treatment is constantly sought after by M&A arbitrageurs and activist shareholders.


We have also witnessed the following:

Instead, here’s how he sets it up: first, he’ll “shake out” the little guys by forcing the stock lower in order to get a better price


It takes a while for a pro to accumulate a position in advance of a big move – buying too many shares at once would cause the price to rise too quickly


“The preparation of an important move in the market takes a considerable time. A large operator or investor acting singly cannot often, in a single day’s session, buy 25,000 to 100,000 shares of stock without putting the price up too much. Instead, he takes days, weeks or months in which to accumulate his line in one or many stocks.”


“When he wishes to accumulate a line, he raids the market for that stock, makes it look very weak, and gives it the appearance of heavy liquidation by sending in selling orders through a great number of brokers.”


The whole move is manufactured.


“By keeping the stock low and depressed, he discourages other people from buying it and induces more short selling. He may, by various means, spread bearish reports on the stock. All this helps him to buy. When he is thus buying and selling to accumulate, he necessarily causes the price to move up and down, forming the familiar trading ranges, or congestion areas, which appear frequently on figure charts.”


Using this method, the pro will accumulate a large enough position to effectively remove almost ALL would-be sellers from the market


https://www.google.com/amp/business.financialpost.com/investing/the-secret-trading-strategy-from-the-1930s-that-hedge-funders-dont-want-you-to-know-about/amp