Replies to post #283383 on Avid Bioservices Inc (CDMO)

[ststephensrevenge]

Why in the world should the CEO be allowed to keep his job presiding over his second reverse split. Nothing is ever his fault...nothing. He gambled with shareholders resources, foolishly swung for the fence by not partnering and lost bigtime.

His astronomical assertion and the markets valuation dislocation of the PS tech at esentially zero a decade into this PS exercise is beyond rediculous. We require a CEO who won't just continue to talk how undervalued the stock is but lay out a plan to quickly make that a reality. King has failed and isn't deserving to move the company forward regardless of the promising AVID prospects.

If PS has any value, and the market continues to value it as essentially worthless under this regimes control, then King needs to step aside and oversee AVID in a reduced capicity. Enough is enough.

King...announce your resignation so the the short stranglehold on the shareprice can finally end. SHORTS ARE LAUGHING AT YOU AND ARE WREAKING HOVOC ON THIS COMPANY. The disconnect between the current market valuation and where we should be is on you.

[north40000]

The market---not you, me or anyone else here---is in control of whether a RS will occur. Idle comments on what management wants, unsupported by any documentary or oral evidence, are beside the point. Better read/hear SK's comments about a RS at ASM, to the effect a RS will be delayed as long as possible, are more in point---a recognition that it is necessary to see what time and the market brings.

Per NoMoDO:

"The share price is due to manipulation. The evidence is the number of shares regularly sold at the ask while the price is walked down." # 283384.

That phenomena has been a regular occurrence in the biotech sector lately.