Avid Bioservices Inc (CDMO)

[EYEBUYSTOX]

I'm not saying they'll announce anything at the conference. I'm saying making those kinds of statements about how the data will advance partnering discussions is unnecessary in an update PR and will only add more pressure to him unless he's confident a deal will be completed. I firmly believe that by the time that Cowen webcast takes place something material will have changed.

Think about it from a human standpoint. How embarrassed would you be after the coding discrepancy if you were King, pounding your chest for months only to watch your stock tank 80%? He was the laughing stock of the biotech industry and the butt of jokes but all of the sudden he's scheduled to present at 2 conferences back to back. Doesn't make sense IMO. And if a partner is imminent, they would want to complete a deal before then for fear the company might say something positive that would make a deal more expensive.

In all the years I've owned this stock I am perhaps more confused now than ever. But I'm still on the bid for those $2 March calls if you're feel like lowering your cost basis. All IMO.