You can't get upset with people for selling, sorry. You never know that individual's particular set of circumstances. Also, at the end of the day, isn't EVERYONE looking to sell at some point? Seriously though, what's the point of investing if you aren't going to eventually sell?
I hope they get approval in the United States first. Cytodyn helped my trading account immensely and I truly hope they are a success. I was looking to jump back in, but I'm going to have to wait for the bleeding to stop again. But I'll be brutally honest here, as someone without a current position and is watching to gauge whether or not I should buy back in: The latest PR seems like a desperation move. Couple that with the latest SEC filing, and it's a disaster.
If they can secure some type of non-dilutive funding in the near future, it would go a long way with current shareholders. The other possibility would be uplisting to Nasdaq. This would allow a fresh set of investors to take a closer look, not to mention the current success of Nasdaq would likely translate to Cytodyn as well, thus fueling a strong run back above $9.00.
I could offer another possible scenario that would help the share price a bit, but knowing this community, I will reserve my opinion for fear of reprisal. LoL