Avid Bioservices Inc (CDMO)

[sulaco]

Buffet's preferred holding period - "FOREVER"



I think that may the key with PPHM; hold, hold, hold it.

Hold it through partnership.
Hold it through AA.
Hold it through FDA approval.
Hold it through the splits.
Hold it through commercialization for SOC NSCLCA.
Hold it through breast commercialization.
Hold it through beta bodies applications.
Hold it through anti-viral appliations.

ICPT was $19 pps not at all long ago. As CP mentioned, a retailer may have sold his shares 2 days ago at $72, thinking he had a nice tidy profit. And he did.

Whoops. The stock peaked at $485 and change this morning.
If the retailer really believed in the drug, he would have held.
And had a 24 bagger in his pocket...instead of a 3.5 bagger.

A word to the wise....


Best,

Joe