Avid Bioservices Inc (CDMO): So, why put out a positive PR at 4:00 (a...

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Frustrated

Re: kaddy27 post# 171084

Wednesday, 04/02/2014 8:49:34 AM

Wednesday, April 02, 2014 8:49:34 AM

So, why put out a positive PR at 4:00 (after close) instead of 8:30 (pre-market)...it would seem the PR would get a little more attention in the morning?

Who knows but this is what you get with an in house IR/PR team who have no connections or know how. This has been going on for years with their 8am or 9am PR's which probably allow their buddies to setup their positions which is why you always see huge upside pre market and then close at the lows of the day. It makes no sense to put out a positive PR at 4pm in the afternoon. Just once I would like to see them release a positive PR at 9:30am or during the day. It does make you wonder about their motives Again the worst PR in their history was released early Monday morning instead of after Friday's close when we all know they knew way ahead of time they had a problem. All imo.