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CytoDyn Inc CYDY
(Total Views: 595)
Posted On: 01/11/2020 7:31:51 PM
Post# of 153897
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Posted By: ClosetInvestor
Re: TechGuru #14818
I hope I’m wrong, but IMO, the conference won’t do much of what you said in this post. I get it, CYDY is different now, but I don’t believe the difference is going to bring in $60 million in stock purchases this week and push the SP to $1.4-1.6. If I’m doing my math right, even if two investing companies purchased $40 million in stock, that would require 10 days of buying at our current volume average. That doesn’t seem likely.

The main problem is the CYDY is still on the OTC, so the likelihood of a couple of investment companies throwing $20 million each at CYDY is low. Now, if CYDY uplists, then yes, institutional buyers will show up and scoop up a decent amount of share, but until that happens, an investors conference is not going to change much.













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