Avid Bioservices Inc (CDMO)

[jakedogman1]

As I said months ago, PPHM reminds me of Sonic Solutions when Sonic was "being discovered". Sonic had the software for DVD authoring and was clearly the major player. As the DVD recorder story started to unfold, Sonic stock started to go up, was shorted ad nauseum all while institutional ownership increased and bashers showed up on the message boards. It took a couple of quarters but the fever finally broke and the stock really took off. PPHM reminds me of those days. I think accumulation is well under way at the expense of weak hands and with the help of shorts on behalf of the accumulators. It's too bad the SEC is worthless cause this shorting of small caps is hurting the entire economy. Another story for another day.