Avid Bioservices Inc (CDMO)

[peregr]

No idea why these guys are selling.
If it stops, then perhaps they needed to make tax payments. They got intense on the last 2 business days before taxes due.
The key is will Lias announce the contracts before the end of the month.
If not, then Ronin is front running like he did before the Wells Fargo placement, and his advanced knowledge. If he does that again, the SEC won't be happy.

Some good news-Tappan has kept all their shares and they have to know why Ronin is selling.

Hopefully, this is a Ronin specific issue as Lias has been showing a pretty good business model going forward, in his last presentations.

Yup, just when everything is set, Ronin goes rogue.