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CytoDyn Inc CYDY
(Total Views: 314)
Posted On: 07/11/2019 4:17:33 AM
Post# of 154897
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Posted By: trding
Re: ClosetInvestor #4668
It is 2 cents away, so I wouldn’t be surprised if it did. But this stock is trading different than the last TO so far from looking at l2. Last time there was a lot of sellers hidden on the ask as the sp dropped. It is much cleaner now, which started after the TO closed, and I guess some sellers got cleared out on that run to 54c. I’m not seeing big sellers until over 50c. So I would be shocked either if this went back to 45-50c. Unlike when the sp dropped with the last TO, I would have given low odds after many sellers + alps showed up.

It hit the lower BB yesterday, we will see when the macd starts turning back up. That should let us know it the sp will keep dropping or go back up. If they can get part 2 of the BLA filed next month, after the 700 mg safety data added requirement delayed us 6 months, maybe we see more people becoming optimistic again.













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