Avid Bioservices Inc (CDMO)

[jonnyrocket]

RRdog - from what I've recently read it seems that the HCV market is moving towards all-oral treatments that are interferon-free as well - I believe VRUS, INHX and ANDS (now Roche) all have all-oral treatments and are running interferon-free (all-oral) trials as well. I hope BP finds value in Bavi, pending positive results that are similar to interferon (+ ribavirin). I hope a BP is still considering non-oral HCV treatments. I know it will come down to results, but I'm not very confident that Bavi results will be better than those of the all oral and interferon-free trials currently underway by the aforementioned. I guess it will come down to the results - we'll see. But if I'm a BP, I'd be trying to compete with the all oral + interferon free crowd.

Seeing ANDS and INHX explode, I hope we can get some of that action. Just hope we don't get an RNN or OXGN-type reaction. INHX was running near it's 52 week highs though ANDS was getting the PPHM treatment, so maybe there's some hope.

What are your thoughts on this action? 2.5m volume gets us 4c. Seems like someone is working hard keeping that lid clamped on tight - looked like a lot of buying at Ask to me. Really hope it's just jockeying for position and keeping price low at all costs to get a good deal from the ATM for a large 1 - 2m block. Hoping volume precedes price here. And I'm yearning for the days where we don't have intraday selloffs, and we can actually close at highs.