Replies to post #201044 on Avid Bioservices Inc (CDMO)

[porkchop11]

U forgot to mention, eyebuy, that it could...

mean "fiscal" year. Why is that?

porkchop11:0

[skweze]

And they managed to hold PPHMP at $25 or better until the common shares were shorted. How about that? All imo.

The worst part about the "partnerships coming to fruition" comment is that it was in prepared remarks. That means someone purposefully put it in there, someone proof read it and someone else "ok'd" it. If you recall, the stock was in the upper $2s during that call. Subsequently, the preferred holders IMO were able to short 30 million shares to hedge their new investment and the common holders were left holding the bag. So, you have to ask yourselves, "What was the purpose of the comment?" Was it to actually deliver a partnership promise or was it more likely to create an illusion for common shareholders to drum up enough buying volume so the entire PPHMP position could be hedged?

I know what I think...and last time I checked there was no partnership coming to fruition this year. HAPPY NEW YEAR!