Replies to post #233340 on Avid Bioservices Inc (CDMO)

[realist1]

RE "As back in 2012, we will see an increase in pps before any announcement. We went from .40 to $5+ and there was no announcement."

The stock went up on bogus phase 2 data, then corrected when that reality was revealed.


RE "A $2B mkt cap would have made us a $20 pps."

Can't argue that math. Now that same market cap becomes less than $10.
Amazing how dilution works, eh?
And if proposal # 3 is passed and those authorized become issued your $20 becomes $4. Viola! It's like a magic trick turning cash into thin air!