Avid Bioservices Inc (CDMO)

[Protector]

Yes a deal plus PIIb would do the trick better.

We still have that SEC regulation against us where we cannot jump in main session without being suspended every 10% rise within 10 minutes.
So Pre-after hours should do it first.

PPHM looses price slowly and then gains it back quickly, on news. That regulation is therefor not good for us. But a first deal pushing the price up followed by a PIIb would of course influence largely how many 'cent' 10% represents (at that time).

I also understood from the CC that SK said : Ready to start partnership talkings in Q1 2012.

The way I see it this doesn't mean there will be one in Q1 but that talkings can start. Of course, nor us nor SK at the time, are able to say when that deal would be a fact as negotiations can take strange turns. The web-site update of the Cotara section surely shows they mean to do some kind of partnering.

If SK would have other info, which is possible, then of course Q1 could really mean Q1, but in that case they already talked with someone before.

In all cases of figure that volume of the last days with a 3/1 Buy-Sell ratio certainly points in the direction of shelfs being filled up, or positioning as you called it. And it looks like we are going to add another million shares to that today.