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CytoDyn Inc CYDY
(Total Views: 781)
Posted On: 08/04/2020 1:49:09 AM
Post# of 153996
Posted By: Evil Rabbit
Saltz posted another good explanation for NP’s Form 4...

Quote:
There is another reason for this move and that is cleaning up the books for the uplist. These shares go back five years and are long overdue to be cleaned up and the uplist created urgency. The timing is less than optimal but we are not talking about Nader liquidating a substantial portion of his position we are talking about small change, 154k shares to pay the taxes to increase his position. This is bad optics at first glance but perfect sense when taking a deeper dive. If Nader was unethical and knew the trial data was going to disappoint he’d have been dumping chunks two weeks ago. So the initial perception couldn’t be further from the truth.
















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