Avid Bioservices Inc (CDMO)

[honestabe13]

why would we go down to $2? one reason i can think of is that the BOD never comes out an speaks up for the value of the shares when they slide. another is that they're used to missing the cut...they've done it several times. another is that it's not unreasonable to suspect that people in their circles make money while this moves in both directions since that what it does constantly in in large percentage moves.

they clearly are not concerned about steady appreciation. it's not on their list of priorities. no reason to think it would bother them to have it go back to $1.60 yet again regardless of what it does to retail investors.