Avid Bioservices Inc (CDMO)

[westjtter]

Yes, that is a good point....I myself have questioned the accuracy of the Institutional numbers.

In any event, the institutional support appears to be staying strong and yes that is one of the reasons to stay in this stock....the other reasons have been shared by many of our regular posters.

Bottom line is that the market is in disarray(traders are afraid) and basically a disaster waiting to find a bottom. We are just one of many/most stocks that have been sold off into nosebleed territory.

However, I still believe that we are going to have a recovery once the market begins to look at the debris and starts picking through some of the castaways looking for those that really do still have value.

My belief, is that if you are looking for long term investment returns, now might be a very good time to buy....now do you try and buy while the stock is still falling, or do you wait until the stock begins to rise again???

Pick your poison...tough to hit the buy button, but usually that is when you get your greatest returns...I will begin to start nibbling...it may not be the bottom, but I think we are close enough to start making some trades!!! IMO of course!