Avid Bioservices Inc (CDMO)

[jakedogman1]

My best guess is company needs more dough and they are waiting for the data for the next financing. As BOT pointed out, they need to start swimming in the big pond. My guess is they are encouraged by the results so far and are willing to wait it out. Right now they are playing Deal or No Deal and they are in the position of knowing what the suitcases (trials) may contain. They keep hitting the no deal button cause the banker is lowballing them. Now's the time to hold out for the big score. I think mgmt knows the pawn shop financing gig is over. I wouldn't be surprised if they did one more slam bam thank UU mam financing to round go and collect $200 one last time.