Avid Bioservices Inc (CDMO)

[chenzo11]

Thanks shipbuilder...I wanted to say something real quick about T/A.

When a company such as PPHM trades 70 mil shares in two days, there is no T/A for such a move. When we hit $5.50 sept 2012, there was no T/A that said this is were it stops.

We are now in a tornado and the PPS can get blown all over the chart. Technical Analysis gets throw out the window for awhile. Best to let things settle and then a new pattern can develop.

I know this though, huge volume came in yesterday without a PR. And in 12 minutes, using only about 9mil shares we dropped only 10%. That was someones' plan. Someone with that kind of cash doesn't buy on Tuesday and sell on Wednesday.

The rest of the day was consolidation

GLTY

Chenzo