Replies to post #37207 on Avid Bioservices Inc (CDMO)

[BKT]

You right flglf4

That is my biggest gripe, management has led us to believe this would be forthcoming.

The only thing that has recently disappointed me with management is that they indicated that 2nd stage interim patient data would be available at ASCO and so far it hasn't been.

[Wildhorses]

flgfl4,

Well said. Management didn't pump anything outside of the statement about the additional data which could have been interpreted a couple of different ways. They said data would be available in time for the annual meeting (or something like that). My first quick read, I thought they were talking about the annual shareholder meeting. Then I figured it had to be Asco. Anyway, this board is full of speculation (positive and negative). After things get spun enough, issues take on a life of their own and we almost have thermonuclear liftoff. Because things are repeated extensively, they become fact. Then, when hopes aren't met, management gets trashed.


BTW, ever hear the term "buy the rumor, sell the news"? Quite frankly, I'm thrilled with the volume.

Good luck,

WH

[jessme]

I've read all the posted scenarios for the volume and spike. Anyone ever consider it may have just been a well ochestrated pump and dump? $1.13 from 40 cents of so and now 80 cents. Probably not a very popular idea but just as believable as all these other theories on accumulation, insiders helping their buddies, BP accumulating, keeping the price at a certain range so they can buy more, etc.etc.

29-May-09 Open 1.00 Vol 12,421,300 Close 0.82
28-May-09 Open 0.80 High 1.13 Vol 36,638,500 Close 0.91
27-May-09 Open 0.52 0.62 Vol 3,590,900 Close 0.60