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CytoDyn Inc CYDY
(Total Views: 614)
Posted On: 01/28/2021 9:27:42 AM
Post# of 155838
Posted By: IndexGuy
Re: biloxiblues #74769
I laugh to myself at the idea that the price of the stock will "go to new heights" because the chart is pointing that way. Charts may or may not have value to day traders and flippers with their green visors looking for candles and tea cups, but if CYDY is in double digits next month, it is 100% because of our trial results and nothing else. Same to the downside. It's not something that shows itself on a chart, it's hard data in the long run.
The comp here is Moderna. Does anyone think Moderna hit a new height because of all of the patterns in the chart? I happen to believe it's because they had a vaccine that was working and now they're carded to sell a couple billion doses. Just a wild guess.













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