Replies to post #114399 on Avid Bioservices Inc (CDMO)

[Protector]

I would suggest you to have a look at where the MM stand before you act.

There is REAL buyers volume and the MMs are at the Ask. They won't move down! So the buyers must move up. Just keep that in mind if the situation stays like this.

[PPHMownsME]

Hope you have a wheelbarrel for those giant balls of steel, h4b.

[investingdog]

<<still shorting as much as i can and can't, margin maxed out ....>>


Well, good luck to you, at least in the short term. IMO you picked the wrong time to short, the way it works best is if you short high and cover low. You are shorting low and hope to cover lower - a dangerous game. If we get some positive news you'll get margin calls and lose all your beer money. If I were you I would think twice about holding short position thru the presentation on March 5 and CSM hearing on March 8.