Avid Bioservices Inc (CDMO)

[jakedogman1]

My confidence is not necessarily with mgmt, more with the technology (Thorpe et al). If bavi works, I'm done working. Overall mgmt is starting to "get it". IMO they made some tactical errors, particularly on the finance side. We'll see over the next six months. I look for a financing deal before the next move up. From what I understand, mgmt wants a healthy cash balance to keep the ball moving forward. What has hurt the company in the past is one step up with good news followed by two steps back because of a PIPEs. The market is tired of that cycle as well.