Avid Bioservices Inc (CDMO)

[chenzo11]

I understand what you are saying, but your thinking is alittle flawed. Here's why:

Those fighting against the dark side", we'll call them longs, would never sell or worse yet short into the bear raid just to kick in Rule 201. They would be spiting themselves.

On top of that, from what I saw in todays trading, it would have taken maybe 1mil shares sold or shorted, or $1.5 mil to push further from $1.54 to $1.49. Sorry Wook, your 5K short didn't dent the situation.

You see, it would not be profitable for a long to sell or short against their long position, lose 5% value of whatever shares they have left, just to invoke Rule 201. Also, their selling or shorting could trigger stop loss orders, causing the price, and their investment to drop even further.

PPHM needs more institutional ownership who would lock up shares thus making shares available to shorts harder to come by. They are the "Good Guys" in this, but right now are out numbered by shorts who have more tools in their toolbox: Hit pieces written or tweeted in tandem with bear raids for example.

Finally,PPHM's low share price make PPHM PPS very easy to manipulate. It only takes a few million dollars to push our share price down 10%. Compare that to BAC and that same few million would move the share price approx. .03 or 1/4 of 1%. A few million dollars is nothing to these hedge funds. Most have $500mil to $1bil behind them. Hope this helps, and I welcome any rebuttals as I too am always learning.

GLTY

Chenzo