Avid Bioservices Inc (CDMO)

[senrex]

Volgoat: it's a Catch 22. Given where the market's heading, there are people who still own this company and who want out before a dive that will shock many here (I think we're both looking at the same potential chart pattern that's been building since October of last year). BUT, if news breaks before the market disaster that seems to be looming, the stock could take off without them (after many have held for nearly a decade or more and have had this company hemorrhage their investment). It's a helluva "between a rock and a hard place" position.

Before I sold, I had built up a modest position of 40,000 shares which began in late 1999. I began buying with the stock in the pre-split $3-$4 range. So I well understand the discontent of posters here against a management that has been so indifferent to retail shareholders as to actually laugh at expressed investment pain during a quarterly conference about four years ago, to the arrogance of answering few questions to none at other conferences.

I'm looking to buy heavily after the shocking dive I'm expecting due to the global economic crisis. But I don't think I'll ever get my money back. This company will be forced to sell at a price that, given our expectations, will deliver it's own "shock and awe" to shareholders.

I pray that I'll still be proven wrong.