Avid Bioservices Inc (CDMO)

[Protector]

Well if they (those other theories) make as much sense as your yesterdays ATM theory then you are not in good shape!

If the ATM runs you have high SELL volume and the pps goes down, as the equal amount of BUY volume slowly retracts the price downwards by lowering the BID.

Yesterday we had high BUY volume and the ASK retracted UP. So, what are you saying? That PPHM is doing a reverse-ATM. They buy instead of selling and as such drove the price up?

yesterday the movement up ALSO started late (10:24AM). In the beginning of the day it was like TODAY.

Not saying you are correct or wrong, just saying that the offered explanation makes no sense and maybe advising that you wait a little moment (the SEC breaker just activated) before you draw any conclusions. I tell you the down retraction was ARTIFICIAL.

We may well be back up to 1.48 soon. Let's just watch!
Someone is going to loose money today.