Avid Bioservices Inc (CDMO)

[Notuncoolish]

50% of our float was traded in two days!!


I think this is a topic that needs to be discussed further. We are talking about 50 million shares traded hands in the past two days.

Where did they all come from?

Where did they all go?

Sure we know there were a lot of day traders on both sides making a play, as well as retail making some buys. But come on 50 Million on PPHM? And the net gain was only 1.36.

What do you make of this volume action? I would think there have to be some pretty big players involved to keep the PPS suppressed in the midst of all the buying/turnover. Algo's running the show?