Avid Bioservices Inc (CDMO)

[sulaco]

PPHM TL, I agree. My message is simply this: be patient.

Switching in and out of stocks, chasing the latest green shoot, rarely works out. We've all been there and we've all been burned. It's part-and-parcel of learning the market.

I don't see PPHM going much lower, but stranger things have happened. Presently trying to chalk up more dry powder, personally. I will buy more on the dips. Good luck, dude. I've done a fair amount of DD (there's always more to be done), I like the data I've seen, so I've made my bets.

All investors have to do the same. Don't rely on me, don't rely on anyone. I think TONS of people listened to that Alex Heisenberg guy on Seeking Alpha who insisted that CLSN's Thermodox was mathematically PROVEN to work, according to his model. I'm sure many rookie investors took the article at face value.

Serious error. Read the comments on his article. There were many serious investors there who methodically dismantled his argument. But far too many just read the headlines that CLSN was a slam-dunk. Serious disaster ensued.

I remember well when CLSN was $2 a share. I seriously thought about buying in, and kicked myself for not doing so, as it ran up to $8-9. I certainly resisted jumping in at $7, thinking the run-up probably priced in any approval, and the downside would be dire. Well, CLSN, is pretty much toast.

Lesson? Do your own DD, and don't listen to anyone other than yourself on ANY trade.