Avid Bioservices Inc (CDMO)

[flglf4]

1967-sojourner - I don't think management "played the conference like they had a huge hand" at all. A few people on this board made the fact that we were giving an oral presentation a lot bigger deal than it was. Believing that just because we were giving an oral presentation meant that the data had to have earth shattering efficacy results was, imo, pretty dumb. But management really didn't participate in that pumping. The only thing that has recently disappointed me with management is that they indicated that 2nd stage interim patient data would be available at ASCO and so far it hasn't been.

We can also believe that there had to be a different reason for the volume the last couple of days - which makes sense - but we may never know what it was and we may drift lower. I'm not selling though. There's still too much potential for news in the next 30 days to start another leg up. There's also a risk of some pretty bad news, but so far management has basically gone about their business of running the company and doing what they said they would so I'm going to hang in there until I see otherwise.