Replies to post #249772 on Avid Bioservices Inc (CDMO)

[Jeff4iam4]

As was pointed out by Cures (Curesforhumanity) on the other message board (to remain nameless)....why would they do a RS now after we just authorized 175 million new shares?....and that is on top of shares already authorized but haven't sold yet. They would likely need to go through the lion's share of those first before doing a RS...and that could take years. We will likely have FDA approval long before then and so maybe a RS isn't needed....ever. You can bet a partnership deal comes with FDA approval. All this talk about a RS is IMO just your basic gloom and doom FUD spread by the bears who have infiltrated the minds of a majority of the longs who's resolve is being tested by the latest round of price manipulation. Stand strong and resist!

[itsabouttime]

PPHM had 1 RS. I do not see the 1986 RS with TCLN as factor to consider.







Not always, but r/s is a loser's trick and shorts would have a field day if they pulled their 3rd reverse split.