Avid Bioservices Inc (CDMO)

[MustBeFree]

This doesn't seem like a squelch so much as a combination of "buy the rumor, sell the news" selling and a lack of buying. I see several of the bigger momentum trader boards are talking about news. My guess is that they won't jump on board until the stock breaks the HOD at 0.49. Even now, the stock is holding the pseudo-gap fill at 0.46-0.47. Hopefully the 10:15 rule will prove true today, and we're more or less bottomed out for the day.