Avid Bioservices Inc (CDMO)

[Amrsto1000]

I believe what's going on is AVID is a great place to park your money long term. There's a reflection of that in the institutional positions being as high as they are.

It will probably take 18 to 24 months to get up to the $300 million. But we have $100 million dollars plus that begs that we are not sitting still and plan to exceed those numbers whether by acquisition or organic growth.


Investors are not looking at the metrics, and they're paying for growth and stability along with the industry.

The shares are so tight that you have to pay up to get any type of position worth having for institutional buyer.

Anyone trying to take a couple hundred thousand plus shares will move the share price up a couple dollars.

The conference call will be critical on predicting how high we will go. I'm expecting a beat on revenue and earnings. The critical Factor for me is where is that money going and how will it benefit the shareholder and add value long-term for the company.


If we get a buyout I expected to be a year or two away making a 50 to $60 share price reasonable.


We also have some great customers with Halo. The demand for their product is high and growing rapidly in the pharmaceutical industry with major pharmaceutical companies has our customer. I can't speak enough what it means to the company for stability and growth. Just look at their numbers and prospects over the next 5 years.


To me it looks like we have all the business we can handle even with a full build out and capacity has to be expanded beyond what is now forecasted.

Take everything into consideration I don't see many stocks like this.

It's been a hell of a long road for many of us and we happen to be in The Sweet spot through no fault of our own. I'm counting my blessings.

My cost basis is $3.51 and I haven't sold the share. There has been no compelling reason to sell shares if you can afford to hold them or your tax situation allows you. The compelling story here has been the buy shares.

Am I being greedy, I think not, just prudent.