Avid Bioservices Inc (CDMO)

[Protector]

What a rally these days

1) We start at 1.81 and make it all up to 3.15$

2) We get hit by a bear read in day 2 bringing us from 3.15$ to 2.60$ after a twitter call as noticed by cheyniew.

3) When we climb back up to 2.90$ in a few hours the afternoon Biotech hit. All Biotech sector down 5% on the index, but we hold around 2.60$

4) Then today a good PR but unexpected Avid production results due to timing of delivery and bang, 20 cent down in pre-hours on a few shares ENGENEERED and TIMED. But it doesn't work, we climb back and at opening we are already recovered at 2.60$ again.

5) Then during the day the Biotech gets hit again. Luckily for us it are mainly the big boys that got hit, but still we are at 2.40$.

All by all from 1.80$ to 2.40$ is a 50% profit in 3 trading days. I think I'll sign for that. Personally, and I speak only for myself, I'd expected a certain news announcement today. It didn't happen yet.

Now we should consolidate in the 2.28-2.42$ range and be ready for 10 and 12 March 2014. It was a good week profit wise and I think many will be happy that we finally took that position above 2$.

And our touch of 3+$ clearly show the near future possibilities and HOW FAST it can all go. 50% profit on no news with one bear attack and two biotech sector hits that is great.

All put in perspective: Well done PPHM!

PS: NH, I don't know what exactly happen because I am behind big time on reading posts but I see posts about your loss. Sorry for your loss.