Avid Bioservices Inc (CDMO)

[patientlywaiting]

Thank you!.... .You have the ability and knowledge to communicate what I'm feeling, something I can only broach on the simplest level. Avid with 200+ employees and NO business with this talk of $20 and $40 SP projections. A BP buyout down the road because they don't want to build their own, a buyout that would amount to the cost of reactors, a building lease and any minimal tech that's involved. What sometimes gets confused here is the positive company outlook for the purpose and hope of a trade in mind. With the ASM just a few days away and no apparent news the $3.81 SP is pretty dismal. Avid will never become the cash milking cow PPHM was with it's science related news. PPHM had cancer meetings it attended throughout the year that were known to be market movers. Avid is left with a possible announcement of some contract or attendance at some manufacturing show but that's it. Nothing really to trade on and no way to anticipate it. How many times can CDMO have it's "potential" pumped? The only reason for traders and trading longs to stay in Avid is if the IP is licensed with down the road milestones written in. An outright sale of the IP may just be Avid/PPHM's last big trade.