Replies to post #261486 on Avid Bioservices Inc (CDMO)

[DrRocker]

I agree with your posts wholeheartedly and believe the company needs to significantly tighten their belt and find a partner with upfront money to fund research in IO combo therapies. Anything else likely leads to a reverse split and killer dilutive ATM funding that ends most longs chances of ever recovering their investment much less astronomical profits. I find it hard to fathom how some of the resident optimists here can continue to post far fetched possibilities as if they were likely to happen and have to question their motivation. We are not dead yet but are on life support. I sold half my position in the stock to bank some capital losses and lowered my expectations dramatically for my remaining shares which still total six figures. I still hope for some kind of recovery but wish management would act like they had some sense of fiduciary responsibility to current shareholders.

[geocappy1]

PPHMTOOLONG

I believe you have repeated your position many times. I agreed that we can not spend money as we have before, however, that is a far cry from abandoning all development.