Avid Bioservices Inc (CDMO)

[entdoc]

In the enTIRE world less than $50k worth of PPHM stock purchased in the first 1/2 hour of trading, and that is mostly MMs establishing the start line. There seems to be a credibility gap, or simply yawning non-interest. Unbelievable. the MMs are smart. Instead of a dream balloon opening which would allow some weak sisters out, they decided to hold all the bolters in the corral. And then there is BMY which did an incredibly stupid thing when it bought IMCL, but covered the error with the Medarex purchase which was brill. Medarex DOES have some good MAB tickets, but probably no better than PPHM, possibly complementary or synergistic.