Avid Bioservices Inc (CDMO)

[westjtter]

Fairly heavy volume...some running for the exits, others buying....it will be interesting to see which entities(if any?) increased their positions and which ones threw in the towel and decided to move on.

Unfortunately our "bad" quarter of missing revenues due to equipment breakdown or malfunction, could not have come at a worse time due to the overall market meltdown thanks to the Corona Virus.

Either exit now and take your loss or tighten your seat belt and hang on for a recovery which will at the very least not happen until the next CC, and possibly not even then.

The good news, is that so far, the analysts covering the company have kept their buy ratings intact.

Good luck to all!