Avid Bioservices Inc (CDMO)

[tech0200]

Was the PR on Saturday rather than Friday a good move?

Probably. When PPHM was included in the Russell two years ago, we got no pps appreciation at all. Maybe a loss. You saw some thirty million shares change hands in a few minutes if I remember correctly and no boost.

Read this:
"The managers of all those funds will have to adjust their holdings to follow the new lineup in the indexes. But before that happens, hedge funds and others will try to take advantage of the changes.

"Hedge funds are going to try to game this," Calvasina said. "To a certain extent it's already been happening."

The last thing you need is the hedge funds playing with this stock while you are trying to get it over one dollar. No thanks. Been there. Done that.

http://biz.yahoo.com/ap/080531/wall_main.html