Replies to post #61191 on Avid Bioservices Inc (CDMO)

[biopharm]

We just may see 60% Institutional Ownership ... and I hope you are right that its already close to the 20-25% mark because it basically is the true beginning of a long and steady rise of this stock.

BlackRock made another 13G filing earlier today with a big purchase of Verizon Communications and they own 6.06% of Verizon for a total of over 171 Million shares...

http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=7388663

So this tells us that BlackRock is not just dipping their toes into Peregrine for some risky move.... they know brighter days are around the corner, just wait and see how many follow them into Peregrine and the more I read into this.... we really just may see 60% Institutional Ownership by year end!