Replies to post #291850 on Avid Bioservices Inc (CDMO)

[corporalagarn]

"CEO King said, loud and clear: Our PPHM stock is heavily undervalued and Stafford III heard him, did his D&D and jumped in because he knows a CEO doesn't easily say such things in public because if proven wrong it is quite a RISKY statement"

There is zero risk in this statement.

Purchases ZERO. Sales $26m at 50cents.

He sure seems like a believer.

[corporalagarn]

No reliable Business valuation firm in the world would put Avid's stand alone value at anything north 50m to 75m. That's if they even put a value on it. 3 customers, 2 unknown, declining profit margins, inexperienced management.

That is a fact.

[CHEVYGUY]

Please tell me why the BOD have not bought any?