Avid Bioservices Inc (CDMO)

[realist1]

bigworld, it actually makes sense if you think it through.
If PPHM goes the PIPE route again, what's going to happen?
Here's a reasonable hypothetical............
At 50 cents or less,with the money they'd want to raise, you're looking at 50+ million shares next time (that's only $25 million dollars BEFORE fees. Or perhaps you'd like to assume they actually do a deal? The road is littered with those that have predicted that. So, if we have shorts selling ~50 million shares prior to the deal, (to cover later lower with the discount) how long will that take? they've probably already started! Keep a careful watch for the short interest to increase next report. Now, what does that do to the supply/demand picture for PPHM stock? Shorting tens of millions, and buying.......where? Westy and friends don't have that much money. Institutions? Come on, not a 50 cent stock with NASDAQ delisting issues, and reverse split fears.. I don't think so. What about this falls tax loss selling? Figured that into the picture? Yeah, the science can look pretty if you only think 5 years down the road and a miracle holding the company together between now and then, but the reality of the financing, and the supply/demand equation for the shares of stock on the market is really ugly.

PPHM has 3 possibilities: Do a real DEAL, sellout, or DIE.
Time is short, and based on managements track record, I am not optimistic

ALL IMO of course.