Avid Bioservices Inc (CDMO)

[Protector]

cheynew, it was more then 250K at 2.48$ but started to run after the Bid and brought us back down to 1.44$. It stopped there because it refuses to follow more down and now camps at 1.45$.

Of course the MM laughing there AO if you run after the bid. They see it immediately and pull away.

There is going to be a problem to buy later on today as someone bought 100+K shares in the opening volume. That volume was almost complete shorting on the sellers side and went up to 1.48$ with very little remaining selling volume.

The shorter may have noticed it and now must push us further down or try to cover, at the best on break even, possibly at a loss.

As there may be more parties involved the ones to cover first will have the least losses. That's for what I see!