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CytoDyn Inc CYDY
(Total Views: 541)
Posted On: 04/02/2020 12:36:45 PM
Post# of 154110
Posted By: Northstar42
Re: Bobbythebus #24829
Regarding SP pull backs in general, I think folks who have built very large positions in CYDY are rebalancing their portfolio. For example, if a shareholder's portfolio was a million dollars before the stock's recent run and he/she owned 100,000 shares @average cost of $0.50, at the current share price of say $2.90, CYDY would represent too high a percentage of the overall portfolio. Obviously, selling/taking profits and reducing exposure to one equity would be a reasonable decision. It would not IMO be an indication that the shareholder's confidence in the company was shaky, rather the cost/benefit/risk calculation was different than when the stock price was $1.00.













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