Replies to post #135868 on Avid Bioservices Inc (CDMO)

[patientlywaiting]

My guess, in the past it seems the Russell Index has as many shares short as they have long!

BWTFDIK! Anyone's guess is probably better then mine.....

[ImaPseudonym]

SEC doesn't like that. Whether they would actually do anything about it in any particular instance is anybody's bet. Will be interesting to see if anything happens after the OPXA debacle yesterday.

[Protector]

slicklen, those PPHM shorts positions are not all from the SAME party and have been build up at several prices.

There is not such a think as the 'shorts' as an organized group to be contacted by PPHM and make a deal with. If your theory would be correct then it could possibly be the sudden 5Milj increase.

Further more if PPHM would do that it would be illegal (if they know there is a SHORT position against the deal that has been build-up before the deal took place - there will be a PROFIT and ALL share holders must be treated equally) AND we also would know about it because they'll have to announce the deal.

Finally what is PPHM's incentive. They are WAY better off in running the ATM because they will get more then 1.30$, don't have to take any risk and can do it after some big announcement getting much better prices.

So IMO no, there is no deal between the shorts and PPHM to help them cover their positions.