Replies to post #35261 on Avid Bioservices Inc (CDMO)

[sunstar]

Not Too;

With respect to:

"Any theories as to why this[throw-away low price sell] would have been placed right at the close?"

Trying to nail the close with a 250 share sale at .30 is, of course, a technique to paint an extremely low closing price. It might set off stops, and would definitely dishearten yesterday's new investors.

This is done by an entity that wants to see some panic selling.

This entity wants to do some easy low cost buying. They are accumulating PPHM shares.

It begs the question, why do they want PPHM shares so badly?

sunstar