Avid Bioservices Inc (CDMO)

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The same argument was made about March options, and yet the PPS closed well above $2.00 on expiration day.

This stock is DOA until after April options expire. Once again there are too many open interest contracts at the $2.00 level. The only way this changes will be an announcement of a partner which looks like a long shot at this point. Clearly the plan is settle the suit, issue the executive options and then start with the barrage of good news. Oh well its all staged and choreographed to benefit the insiders. Have a great weekend Peregriners and our day in the Sun will eventually be here!