Replies to post #23710 on Avid Bioservices Inc (CDMO)

[ysfalconeer]

For any long who hasn't done so already, please check out
http://www.nytimes.com/2008/01/15/business/15sorkin.html?_r=1&oref=slogin
to see how such manipulation jake describes can be done perfectly legally.

I have recently noticed a lot of "new market making bidders" on my quote screen, so I would not be surprised at anything at this juncture ...



jakedogman (#23710)
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For the last two years or so, someone or some entity or a group have controlled the price. They seem to be in the "know" and have been connected to financing. IMO, the bougus pr for the russell last year was a charade and IMO mgmt knows it. My guess is accumulation by way of hedge funds or other offshore players. SEC rules don't matter cause the SEC is out of commission.