Replies to post #199211 on Avid Bioservices Inc (CDMO)

[Frustrated]

I can see PPHM announcing a Pipe to fund the expansion.

Would not surprise me at all. There are still 15 million shorts and still no explanation why mgmt did not sell huge amounts of ATM shares in the high $2 range in March during the 60 million share trading days. That day could have been used to short as mgmt could be in cohoots with their buddies as their buddies and mgmt knew they were expanding AVID. It would explain why they didn't hit the ATM during this time as they had to know they would need money in future. Who knows maybe mgmt will finally surprise the shareholders and announce something really positive for a change. Stranger things have happened before. We shall know soon!

PPHM THE COMPANY THAT CHOSE CARLTON JOHNSON AS COB! ALL IMO.

[lemmy]

bidrite, you called the PIPE (beat me by a week).

I'll take the credit for the "zinger", though. :-)