Avid Bioservices Inc (CDMO)

[tech0200]

Forget the Russell
The last time PPHM was added to the Russell, it hurt the stock price. You have all these funds or big investors that don't want to pay top dollar. If PPHM is added to the Russell it would have to be after the stock price triples. Who wants to buy a stock that has gone up in price so much. Hence, they will try to get the price knocked down before they buy it. Getting over a dollar with the R/S will get you screwed another way.

And then you have those who will try to buy the stock lower and sell it to the funds at a higher price. The bottom line, the professional stock market investors, aka shady characters, will get to manipulate the stock at the expense of guess who, us.

We have been here for years, believing in the product and so far being validated and all we can do watch as the Wall Street big players play with these stock at will.