Replies to post #1059 on Avid Bioservices Inc (CDMO)

[kgoodrich]

I just have a feeling it will come soon TW, I really do. BIVN got some today, I think so maybe the doors aren't as closed as everyone says. Technically, TW, I see the PPHM chart just about primed for any move. It will not take much effort either with the liquidity ratio down to $151 and the volatility still high at 99.6%


If you realize TW that the liquidity is the amount of money volume in shares sold to make the stock move just 1%, $151 buying is not much. It is easier to move it one percent for $151 then it was for $2000 to do the same thing last year. Of course, you must consider the people selling, too. But, since PPHM has a short interest covering 9 days now for the shorts to catch up, I like PPHM's odds of improving the remainder of the year. Go PPHM.