Replies to post #25695 on Avid Bioservices Inc (CDMO)

[mandakaman]

Why would there be a 500 share trade at 4:01 after hours for .54?

[doccg]

LAfont-

Reverse splits are mainly an opportunity for traders to ride the short share price rise during the first month(s) to make some bucks than maybe short the ride back down. Merrill Lynch's 2002 research study makes this very clear. The R/S mirrors you hang are real rose colored.