Replies to post #258228 on Avid Bioservices Inc (CDMO)

[Protector]

chenzo, the volume is low for the FIRST TIME since end of February. All other past days we traded millions of shares.

There are no sellers and a lot of buyers in the BID but at prices where the Market Maker will NOT go. So end of week short position covering and no volume as the past days. That might come as a surprise to some :)

The only other way is to carry it over the week-end and who has the balls for that in the current situation? So paying more could be the solution.

And for:

Nobody cares anymore. What happens when a few of the long longs start to dump shares into this low volume?

1) I care
2) No long long volume there today, they would be crazy they could dump at 0.59$ a few days ago or dumped since long.
3) Nice try to make others think that, probably hoping some weak hands would provide the liquidity for short covering.