Good question!!! lol Look all I am doing is giving my opinions! FWIW, I sold out the bulk of my holdings in the $25 to $32 range and have been reaccumulating again. Will it again rise to these kinds of lofty numbers??? Maybe eventually...if they can fill their capacity, than yes(IMO)!
I just believe Avid is a great buy anywhere in this range, and while we may not get to $30, I think we have a good shot at $15 to $20 due to the industry we are in and the fact that we have a stellar reputation and the latest in cutting edge equipment. Still think we are a potential buyout candidate especially after the Catalent deal, as they were purchased to help Novo meet the demand for Ozempic and Wegovy.
As we all know, when drug companies have demand for any of their products beyond their ability to manufacture, they will put some decent money on the table to pick up capacity from wherever they can find it. The cost of a drug is in the research...once approved, the big Pharmas want to get as much as they can as quick as they can before someone else or something else comes along to take the place of this popular drug.
I think we are well positioned, to benefit in the coming months and years, and there always being an outside shot of being taken over!
As for compensation to promote this stock on an IHUB board....well even you know better than that!! Ha Ha!! These boards are for sharing of ideas and opinions and entertainment...they have absolutely no effect on the share price!!!!
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