Replies to post #287130 on Avid Bioservices Inc (CDMO)

[cheynew]

The max is 7:1.

[Protector]

RM, for starters the max RS is 7:1 and secondly we know the PPHM PPS can jump 0.50$ easily in one single day (we've seen it in the past).

A deal would indeed help. But anyways, with the described potential, Avid's success and revenue, the R&D cost down each quarter and the CEO's claim for profitability I think the PPHM shares are well set to climb up on solid volume.

It touched 0.66$ last week, and as I posted it needed to retract (did it to 0.48) to be able to continue its climb. This is a market maker regulated NASDAQ stock and that is the way they move up.

Furthermore we have a Q/CC around March 8-10 and I hope that yields more information and most often an up-front PR.

[Bluerinse]

LOL
"MODERATE PRICE IMPROVEMENT"
Most would consider a 100% improvement in price over a short time frame perhaps better then moderate.
IMO

[Threes]

The are eligible for a 180 day extension if they can demonstrate a way to get to $1 within the next 180 days.
They can demonstrate potential with the IP , AVID rev's increasing, and through RS at the end of the 180 days if needed.
Since they are sucking the teat of shareholders via ATM they probably want the RS so they have more shares to dump on us with.