Avid Bioservices Inc (CDMO)

[biopharm]

I agree

Dec 13, 2019 was the ex-dividend date that one needed to have CDMOP in order to be eligible for div payout

Ronin buys all the way leading up to Dec 13 so now he is not eligible for the div payout on those shares and that was the only escape route to exit and profit

I would have to review the dividend term rules for exchanging shares to the common because it seems that anyone wanting to exit now...will quickly out CDMOP back to $25-

It seems that Ronin Capital was as lucky as Black Rock when they exited "before" that Monday morning Sept 24 2012 and then got back in with even "more" shares as it was proven CSM sabotaged the trial

I couldn't find one other stock that Black Rock sold out on one quarter ...and bought back with even more shares the following quarter

I wonder what else Black Rock and Ronin Capital have in common...besides Brian Weston algo boxes

Looks like Avid Bioservices CDMO ready for their next leg up ....especially with a new CEO PR ( as one can assume the CEO will get in now before further bigger announcements are made )