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Avid Bioservices, Inc. (CDMO)

NasdaqCM - NasdaqCM Real Time Price. Currency in USD
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15.33+0.07 (+0.46%)
At close: 04:00PM EDT
15.33 0.00 (0.00%)
After hours: 04:50PM EDT
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  • p
    peter
    We will see a Z0 plus tolorrow???
  • p
    peter
    Today Is ER for 4th Quarter and forecast for next fiscal year!!!
    Hopefully with great news!!!
  • J
    Joey
    Make sure to watch to the end ! https://www.youtube.com/watch?v=u7v4S0IqYHQ
    Sammy Davis Jr - Eee-O-Eleven (All 3 Parts)
    www.youtube.com
  • W
    William
    Expansion news should have been delayed as all it did today was get washed out to sea.
  • p
    peter
    ER date out. Next WEdnesday. Get ready this stock will be above 20 in a short time...
  • J
    Joey
    Question on the new S-8. Are the 3.4M shares only for the executives ?
  • J
    Joey
    Anyway, Richard Hancock had a nice payday.
  • A
    Army
    Oh how I long for the pre-Brandon days.
    https://www.youtube.com/watch?v=y3KEhWTnWvE
    Mary Hopkin - Those Were The Days - 1968
    www.youtube.com
  • M
    Mary
    I’m a retail relatively inexperienced investor and appreciate insights from Peter et al
    Would picking up Humanigen shares make ANY sense here ? I mean someone’s gonna win and someone’s gonna lose in Arbitrarion. Does buying Humanigen hedge the potential loss if AVID ends up in the wrong side of the decision. ?
  • p
    peter
    this stock is too volatile. I think the market is still considering this as a Biotech stock which not the case.
    the ones that have money can buy now and make lost of money in 2023!!!
  • g
    gary
    This is probably the reason the stock tanked. Hopefully, they picked up another customer or resolved with Humanigen.

    10. Litigation
    Avid Arbitration
    On December 17, 2021, Avid Bioservices, Inc. (“Avid”) filed a Demand for Arbitration claiming more than $20.5 million in damages against the
    Company with the American Arbitration Association entitled, Avid Bioservices, Inc. v. Humanigen, Inc. (AAA Case No. 01-21-0018-0523). The Demand
    contains three claims for: (1) Breach of Contract concerning the Process Development and Manufacturing Master Services Agreement; (2) Anticipatory Breach
    of Contract concerning the Capacity Expansion and Contribution/Commitment letter; and (3) Trade Libel and Commercial Disparagement. Avid claims that the
    Company canceled the contract after Avid was unable to successfully produce any full batches of lenzilumab BDS, but that the Company still owes the full
    amount due under the contract for all batches under the contract. Avid blamed its failed attempts on a subcontractor. To date, the Company has paid Avid $10.6
    million, despite Avid not being able to produce any full BDS batches.

    Since it has been out there for 4 months and everyone knew, this is probably fully baked in the share price now.
  • p
    peter
    When IS next ER? Should be interesting to see How the stock will evolve!
    At a PE of 27 (FW) way to low for a business that will grow plus 20% the next years wit EBITDA above 35%!
    Capacity installed for 350 million!!!
  • R
    RCN
    The price has fallen to a point where it has to be considered a tempting acquisition target.
  • W
    William
    What I'm thinking when I see the PPS of PPHM

    https://www.youtube.com/watch?v=UEHwO_UEp7A
    Beth & Joe - I'd Rather Go Blind - Live in Amsterdam
    www.youtube.com
  • F
    Fraser
    83
    64
    6
    7

    CDMO: PE, FPE, PEG, PS

    EPS Growth Next Year = 5%
    Current RoA = 3%
    Current RoI = 7%

    Valuation of this company is going to fall until rationality becomes the order of the day
  • p
    peter
    someone is keeping this stock low!!! highly manipulated...
  • W
    William
    Diamond hands bois is what we need from you. Might be a great time to load the boat.
  • F
    Fraser
    CDMO on its way to $7.50. Look at all shares being shorted daily at end of trading. Hammer this melon.
  • A
    Army
    Let's Go Brandon!