Avid Bioservices Inc (CDMO)

[investingdog]

<<We should be uber close to major news>>

Avid longs have been singing this song since last December. Yes, we have had news, some good, some not so good - no major influence on the stock price, basically fluctuating between 1.50 and 2 bucks.

What do you consider a "major news" - front line result, partnership, buyout or something else?

Front line is most likely coming this month and unless spectacular it will not qualify as major news. As far as partnership I'll believe it when I see it. Without some sort of accelerated approval coming from FDA we may not see a partner at all, or at least not on favorable terms.