Avid Bioservices Inc (CDMO)

[Frustrated]

There are plenty of companies that have received financing at above premium prices. If Bavi is/was as good as what everyone is saying then there is no reason to sell as many shares as mgmt has at market prices. There should be lots of companies willing to pay a premium to get significant shares. If you were talking about just a million shares I can see it but not when you almost triple the outstanding shares by selling near record lows. Looking forward if mgmt has sold any shares at these prices then they are not either doing their jobs for the shareholders or that is the best they believe they can get. Remember we still have a CEO who still will not participate fully in a discounted stock program.

Besides I was just correcting a statement that there hasn't been a share sold in eight months which is obviously a false statement. All imo.