Replies to post #278810 on Avid Bioservices Inc (CDMO)

[4OurRetirement]

JamesGMS, Perhaps I Can Make A Guess? Imagine...

a scenario much like March 2014 (which might have been a "dress rehearsal") where no PR was issued yet 100 million shares traded in one week :-)

So, my guess is that IF all the daily shorting would suddenly stop and buying would start in earnest, the PPS would obviously start heading up, which would trigger orders to buy but many would not get filled because the PPS would continue to climb because few would be selling. That process would continue with new orders being placed, some by II's and some possibly by a new partner, and as the PPS continued to climb, more preset buys would trigger but few would fill because, oops, the PPS is now higher again because new BIDs are being placed.

Many retail currently sitting on the sidelines would miss out on buying... cheap shares would be gone in the first couple hours.

Under that kind of situation, I would expect to see 200 million shares trade in a week... some shares being bought and sold by traders, other shares being bought and locked away by either an II or potential partner(s).

On the way up many would bail, HAPPY to get out with some type of profit after worrying for the last couple years they might lose their entire investment. Few will hold until the end which will probably be not long after a PR is issued stating PPHM is being bought/sold and that is when the PPS will go ballistic, but only enjoyed by the few remaining retail, II's and PPHM management with their golden parachutes :-)

BUT, nobody will know that in the first few days, and after this has dragged on for years, and with no facts to tell them they should hold or buy, most retail will sell. By the time we all know for sure that we should be buying, the PPS will be much higher and not many will be able to afford/buy the 100k shares they wanted to buy when the PPS was in the $.30's

Beyond that, I don't think it will matter to most because by the time anything is official, most retail will be out or at least sold a major chunk of the shares they owned to waiting hands!

Not me though...

Glta PPHM StockHOLDERS And I Hope A SantaClaus Rally turns the coal some expect to find in their stockings to diamonds! HAPPY NEW YEAR!!!

I hope my guess pans out for all PPHM stockHOLDERS!!!
:-)

[realist1]

There's been talk of "imminent" for at least the ~12 years I've been unfortunate enough to follow this trash of a stock.
Since then there's been a ~95% LOSS of shareholder value.

There's been nothing "imminent" over those ~12 years but MORE DILUTION and more disasters. Bavi has "Busted" more times than is easily remembered.
Now these bozos are trying to morph into a company that brews drugs for others (i.e. Avid) and still incinerates cash! And yet they still try to pump the stock a couple pennies with more pre-clinical mouse nonsense. Never did mean a thing - never will. Every spike is a selling opportunity, but every spike is at a lower price and for less pennies.

PPHM is most definitely NOT undervalued.
I can show you biotech stocks that sell for LESS than net cash on the
balance sheet and none of them have the record of extensive failure by management as PPHM!

There's no bottom for this stock.
My expectations have been proven correct over the years.
Here's another one.....
After the NEXT reverse split you'll see the same thing as last time -
A massive drop in the stock price.