Avid Bioservices Inc (CDMO)

[keep_trying]

Dew, nice you could stop by for a "short" while and share your reverse split prediction.

It looks like a pps run to a buck and five cents on May 31 could place a spoiler amidst the short interest holders, doesnt it? I find it interesting that the Bavi with Carboplatin and Docetaxel news in February led to an increase in short interest while pps was lopped in half, yet this week's good news of Bavi plus Docetaxel only brought a 20% pps bump with even more short interest showing up in the daily trade reporting. Maybe the pps can climb higher with release of some really good news despite there being even more short interest?

You must have noticed that your designated "placebo" is outperforming SOC in the NSCLC trials? Cool, huh? The Bavi arm MOS is already outperforming the control arm and the clock is still ticking.

It would be fun if some parties with deep pockets got into a serious buying mood and moved daily volume into the multi millions with news. Trading since Monday seems like it could reflect just pick up purchases from a few excited longs, offset by some suppressing short sales. I was even going to pick up more shares but the pps jumped up before it dipped to my target. Absent fresh news, I may get another chance. PPHM is good for giving buying opportunities.

Best wishes and IMO.
KT