Avid Bioservices Inc (CDMO)

[jakedogman1]

KT,

Excellent summary. I'm in the camp that mgmt has something cooking and they have to earn the valuation thru milestones. I view the India trials as a key benchmark if my theory is true. I think the mgmt boys are tired of the financing battles so prove bavi up sooner than later. Also, say a deal was negotiated as far as value (ie $1 Bil market cap); the more shares an acquirer gets on the cheap, the more they can pay on the end price which is where the mgmt boys would be selling. I could be very wrong but things are not adding up. And who would be foolish to be so short with limited upside on shorting a $1.30 stock and huge downside risk at this juncture?

I spoke with King about six months ago and he indicated the next phase is creating value thru trials. The context of the comment was a sale of the company. This is their chance to cash in. Thorpe is the engine and he doesn't work for them. You can't ride that pony forever so cash in while you can. All IMHO.