Avid Bioservices Inc (CDMO)

[tech0200]

If the big boys buying and holding shares mean only good things are in the works then all one would have to do is buy stocks with a strong backing from the big boys or IIs.
Why would one even bother reasearching companies with improving profits in a good sector when all you would have to do is follow the IIs?

IIs buy all kinds of companies based on value like Buffett, a mix of high risk/high reward, dividend income, high growth, small caps of different kinds, mid caps, large caps, you name it. There are mutual funds for all of the above categories and more. IIs allocate their money across many sectors. It's called diversification. That said I would rather be invested in a company with high institutional investment rather than low but that doesn't mean that things cannot go south.

I just hope they sell soon for whatever the company is worth or even at a reasonable discount plus we are going to recoup our R&D expenses and get maybe more than a few crumbs for Bavi because the longer the wait the greater the chance that something is going to go wrong like maintenance shut downs which we had or worse.