Avid Bioservices Inc (CDMO)

[entdoc]

hypi, well-written, agree whole-heartedly, but the suppression has been going on for over a decade. The Wednesday-Thursday volume and price spike was definitely positive, people don't throw $40 million at a stock which is generally perceived to be on a downward trajectory rather than having upward momentum. If PPHM is valued now at about the value of Avid, say, and if there is actually a big pharma in the shadows, it is easy to see how the buyer is going to get in on the game at a fraction of what it should. This action could be something as far-fetched as one country/kingdom throwing in $25 million one day in buys, and harvesting stopped-out stocks, and turning around and selling that much the next day. This still does not representa whole lot of money to some individuals in India, Russia, Saudi Arabia...or relatively scarce US billionaires. That is only one possibility which does not even relate to a big pharma.