Avid Bioservices Inc (CDMO)

[Protector]

We may be more lucky then that.

Today a large amount of PPHM shares has to be bought by some people that I know that had the shares on their company, sold them because they stop being in business together, and at least two of them are going to buy back on there personal behalves.

I know the money was available since yesterday evening (In Belgium there is a close-down tax you have to pay before you can access the remainder of the company's money).

So normally they should buy as of today. Thing is, one of them knows very good how to fill cheap so I wonder if we are going to see the effect in the share price. I also don't know if they fill in one day or over several days. I do know that those that will buy back expect a bear raid and want to buy into the shorting. I myself don't know about the bear raid, we'll have to see.

I told them PPHM would normally have to come back down to the 1.80-1.90$ range and linger there somewhat until further news, but that didn't work out very well, yesterday we closed at 1.90+$

Maybe today they'll have there window of opportunity and a bear raid would be a win-win. They got their shares and the stops wouldn't go off easily.