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CytoDyn Inc CYDY
(Total Views: 776)
Posted On: 07/28/2020 9:41:22 PM
Post# of 154128
Posted By: MD VIROLOGIST
Re: sunclouds #45490
I am not trained in business but are familiar with the terminology and quite willing to admit an error. And I did I rely on Merrill Lynch, my fee based fiduciary, who actually after communicating with the Manhattan office brought up the possibility as that is what is happening in this industry currently. On the BOA technical and fundamental indicators, yesterday's market cap, !.8 today it was listed as 2.8, the formula is on traded shares not total shares as it was explained to me from New York. I am not sure why the quick change in those metrics, could it be the extra 100,000,000 shares? I also made the mistake of using the term LBO vs. simply buy out. LBO means using the firms assets to reduce debt burden which I know now is impossible tool for CYDY as they have very little assets. I can talk about virology, I was trying to communicate the caution that conveyed to me from New York and trying to be helpful. Well, poorly executed on my part. I apologize to the community.













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