Avid Bioservices Inc (CDMO)

[chenzo11]

Wouldn't bet my house or my wife either(she is way too pretty). The "tainted results" are priced into the share price.

Look at it this way....you and I are playing the roulette wheel. You have red(short) I have black(long). We both bet $100.00.

The ball lands on red and you win, you get your 20% (what you are looking for in your short) or 120.00. Now I spin and get black. The way I see it I get 300% (pps jumps to $5.00 on FDA approval) or $400.00. I'm liking this game!

Now lets get real about the game we are playing...I am long, you are short. We are playing roulette against each other. You spin again and get red....I lose 20%, give you your $20.00 for every $100.00 you bet. I'll pay that. I spin, its black....you now owe me $300.00 for every $100.00 I bet. You see, if you are right, I am out 20%. If I am right, you are out 300%...I'll spin the wheel all day with those odds.

The bad news is priced in, we have made our lows(Feb),making higher lows now, and now are ready for a gap up....read the chart, do the math, check your odds...I believe you are on the wrong side of this trade.

Best of Luck
Chenzo