Avid Bioservices Inc (CDMO)

[eastcoastguy]

Thanks FF for breaking down the CC! No immediate movement but the use of the word "elegant" in referring to BAVI's activation of the immune system has our team charged up. We are hiring and the quiet confidence is telling.

Today's price decline was muted and probably the traders getting out after the runup to earnings.

First time in years we don't have a "going concern" label. Yeah!

Don't like the increased short position. They always seem to have the playbook.

Watch to see the institutional percentage go up to 30% and the short position come down before we see a breakout.

be well,
eastcoastguy