Replies to post #162442 on Avid Bioservices Inc (CDMO)

[InternetForumUser]

chenzo11.. I forgot to post about your PPHM Chart but it was a great way to represent the various areas based on price and volume. Plus the terms you used made it much easier to understand.

Thanks for taking the time to dummy it down so it was "Marine Proof"..

[Frustrated]

17mil shares were sold via the ATM at $1.75. We closed Friday at $1.83. That's a 4.5% increase over the ATM sale.

Agreed the share price is holding up well but the stock price was soaring to above $2 while they decided to hit the ATM machine. They seem to want to sell at every opportunity. Hopefully there is no need to sell more ATM shares but the upcoming dog and pony shows have in the past not been very productive as the lack of partners to this date have proven. All imo.