Replies to post #326799 on Avid Bioservices Inc (CDMO)

[jakedogman1]

Interesting dynamics in play. Russell rebalance on June 22. $165 to $170 mil market cap should be the ballpark number. My WAG is 6 mil shares will be needed. Wall street is still wall street and games will be played to get shares. Also June 22 is SK option expiration date and if I can recall weighted avg $9 per share. Looks like a potential goose egg for SK... anybody feel sorry for him? I don't. And I don't expect current mgmt will do anything to help his cause. And if the current crew needs capital, it's probably for expansion which is a good thing long term. Looks like were coming up on class IV rapids. How will they navigate? Make the russell and get rid of 400k options?

https://en.wikipedia.org/wiki/International_scale_of_river_difficulty