Replies to post #204351 on Avid Bioservices Inc (CDMO)

[PhoenixRising]

As much as I am very glad to see short interest down considerably I would NOT classify it as "...all the shorts covering..." If ALL the shorts covered their positions I believe we would be at much higher PPS,IMO. Again I understand your intent but to state ALL is over-exaggerated. There are still 10,646,000 shares SHORT. GL PR

[realist1]

RE "why in the world are all the shorts covering"

TOTAL misinformation, and in fact absolutely wrong!
Here's the reality: PPHM short interest declined ~5% over the last reporting period.
FACT: PPHM short interest STILL almost 11 MILLION shares!

At that rate of reduction it would take over a YEAR and a half for "all" the shorts to cover.

You should stick to science posts. At least those fantasies can't be proven wrong yet.

Short interest: http://www.nasdaq.com/symbol/pphm/short-interest

1/15/2015 10,646,463
12/31/2014 11,226,599