Replies to post #171903 on Avid Bioservices Inc (CDMO)

[Frustrated]

If mgmt wanted to burn shorts they would release rat news at 9:30 instead of 8am. Releasing news at 8 am gives their buddies time to execute their strategy as that is why you always see upside in premarket only to close down or at lows of the day.

[PastPresentFuture]

If you see a high spike like this, usually what happens when market open for the first 15min it will drop fast. This where shorters come in.