Replies to post #340933 on Avid Bioservices Inc (CDMO)

[westjtter]

Well seeing we go back a long ways(maybe we will even meet again in Tustin for the annual AGM)....I already started buying today. Don't need anymore either, and this may not quite be the bottom but sure looks like a pretty good time to start picking up oversold shares of a solid company!!!

A strong balance sheet, strong growth, no financing required, expansion of facilities and margins with growing backlogs.....yes its a small cap but other than that, looks like a pretty decent buy IMO!

[Protector]

Wildhorses, haha Fibonacci.

I have the 'Fibonacci Trader' (somewhere in my library) signed by Joe di Napoli himself.

In my experience Joe is not very qualified in the underlying math's and continuously complains about programmers no being able to grasp what he needs in his software. I think he might have been better commenting at CNBC then he is in creating trading systems. But that is an opinion.

Fibonacci trading however made it into some analytics libraries (software) and hence in consoles and in Yahoo (indicators).

As I posted many times before, the successful ones are kind of self fulfilling prophecies'. The more people that trade a same trading system on a same instrument (e.g. CDMO), the more the patterns form due to Entry/Exit latencies. Certainly if the traders (understand retailers) follow someone.

I will buy more CDMO when it goes up and then will come down a little. That knee is normally the up-run start. It will probably cost me a little more then buying now...BUT... it will give more certainty.

If HGEN gets under 3$ I think about that one too again. And HALO is since long on my list and should have taken it at 32$. Should have...should have...yes easy to say now.

AIMO

[westjtter]

Heh Greg, I tried to shoot you an email but your email address must have changed...please send me an email as mine has not changed.