Replies to post #126794 on Avid Bioservices Inc (CDMO)

[investingdog]

<<I would think that anything in the 20-25% range would be good and anything 25% or above would be great.>>


I strongly disagree. The stock went to $5+ in September after the 100% improvement in MOS was announced, and it is at $1.6 now ($2.5 dilution adjusted) with 60% MOS for NSCLC and phase III approved. Common sense tells you that we need >60% improvement to move the share price. 20 to 25% will do nothing, may even drop the share price.