Avid Bioservices Inc (CDMO)

[investingdog]

<<The difference is whether the transactions take place at the bid, or the ask. If it is at the ask, it is a "buy." If it is at the bid, it is a "sell.>>


Quite obvious but it is hard to see how can the share price go down when more transactions take place at ask. The only explanation is manipulation by churning and then you really don't know if a "buy" is a true buy by a third party and not by MM. I bought several thousand shares of another small cap stock yesterday and it was all almost exclusively in 100 share transactions - MMs playing games.