Avid Bioservices Inc (CDMO)

[westjtter]

I was a little concerned that they may push it back down to the mid $8's but it seems that(so far anyway)it wants to keep coming back to the $9 handle...volume is light but still, encouraging!

I am really not sure what to expect from the upcoming CC but hopefully Nick will finally lay out what he sees for Avid going forward....we know that he believes this company will be significantly larger in the future, but not sure what "significantly" is, nor what kind of timeline he is using to make this assessment.

All in all, so far everyone appears to want to stay onboard, hence the light volume. It will be quite apparent to all if the institutions start unloading, and conversely, for any existing or new institution to pick up a sizeable position will really cause quite a share price spike.

So for now, this may be the new normal until we get some direction from Tustin either way....as always, fingers crossed!