Avid Bioservices Inc (CDMO)

[Preciouslife1]

Hi agree to the most part, BUT AN 83% “haircut” is known as a PRECIPITOUS DROP OR DESCENT TOWARDS THE ABYSS ….
A 40-60% Correction downwards would indicate what you detailed but retaining 17% of Value from the high speaks of corporate failure, one to two steps from being declared a total failure to execute which obviously this is not!
THE BUILDOUTS ABOUT COMPLETE TO INCREASE CAPACITY AS WELL AS VIRAL VECTOR OPPORTUNITIES SPEAKS OF SUCCESS IN A VERY DIFFICULT MARKET, OF HIGH INTEREST RATES, FALLING DEMAND TEMPORARAL, AS WELL AS NOT GOING TO THE MARKET TO RAISE ADDITIONAL FUNDS OR INCREASE THE SHARE COUNT. TAKE CARE AND THANX FOR YOUR GOOD POST