Avid Bioservices Inc (CDMO)

[biopharm]

This is only the beginning, Lets just take one step at a time and our next step is to officially make it past the 10 days above $1

Next... we wait for the new analyst coverages ... and current analyst upgrades .... all which should have been states within 2 days after that last conference call. I mean an analyst is supposed to analyze the facts at hand and not be responding by how the stock trades, even we knew after that conference call that it was a matter of time before we're pushed to higher ground.

Next ... it would be nice to hear the PR that Peregrine has been approved for the bridge loan using Avids as collateral since they have 30 Million in orders for the next 2 years ... b u t .... they may not need the loan at all with a BP Partner deal that can be closed.

Next... going concern should be off the table by next quarter

Next... show some confidence Peregrine and take some of your cash... take a portion of your bridge loan ... and announce a stock buyback! It doesn't have to be in the 10 million shares... a simple vote of confidence right now saying you plan on buying 1 Million shares back goes a long way with the shareholders and Big Pharma a like. This buyback helps keep the stock rising and directly results the bargaining that Big Pharma will eventually being paying for us ( think of it as doing your kitchen or bathroom over before selling the house.... a little investment ( buyback ) now... will be rewarded when all is said and done.


Next... well lets leave it like that for the time being... should put us in trading range of $ 3-7 before more trial data is released.

Good luck to all... and remember, don't get caught with your shorts down : )