Replies to post #13786 on Avid Bioservices Inc (CDMO)

[Big On Tarvy]

Russell Re-Balance

Jake, this is just personal speculation, but here is why I am not too worried about the May 31 date:

Hopefully major news (including Ph 1b results) comes out before May 31 and we make the cut.

If we don’t make the cut, I am confident there is plenty of high-quality clinical and financial news coming in June and July so that the Russell sellers who don’t follow biotech will be more than offset by the institutional buyers who do. I don’t believe the Company is working in concert to help anyone pick up cheap stock. It’s just how the Ph II timing works out. By mid summer serious biotech institutions will have gobbled Russell selling (if it happens) like a tiny appetizer course.