Avid Bioservices Inc (CDMO)

[Frustrated]

You forget, or don't acknowledge, that management wants to make money in this stock, too. I don't see them selling out on the cheap if they see any other way. IMO, too.

You forget that for at least the last 6 years they have collected 80K a year in board fees, salaries and options all the while they kept giving themselves more and more options at cheaper prices. For regular shareholders that couldn't average down the stock price has to go a lot higher than it does for mgmt who just gives themselves more options at lower price all the while missing their own milestones which has cause the stock to be in a practical downfall since the year 2004. Mgmt has nothing to lose. If the science fails they just move onto something else and sell more shares just like they did when we stop our China dealings and moved on to Bavi. I would like to see it either fail completely or succeed rather than have mgmt suck the shareholders dry again. There is no reason with AVID's potential that this stock should even be at 97 cents. They have failed miserably running AVID and creating shareholder value. The stock price reflects it. All imo.