Avid Bioservices Inc (CDMO)

[jakedogman1]

Lias stated on the last cc that they are doing a lot of things that are needed for future rev growth and the results won't show up until FY 2020 which starts May 2019. The comment on Halo in yesterday's cc gave me some hope that the turnaround is going as planned. IMO they are setting the stage for good numbers in the next two qtrs. I think they are experienced at playing the beat the numbers game as well. And they seem to answer tough questions. I also think this "soft" qtr was a planned way to let institutions to load up so more. All these recent big buys did not happen without talking to mgmt imo...