S.A. Article and public awareness
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Posted On: 10/26/2019 12:29:15 PM
S.A. Article (CytoDyn: When More Is Less) is published by Out of Ignorance at 8:10 A.M (there is one word extra there, you figure out which one). The stock was hovering around $0.34 at 10:04.
When the responses from some of us starting to appear (9:58, 10:08, 10:17 and so on the stock started to climb until it reached a climax at $0.375 at 13:18 when some sellers entered and started to drive down the price (largest block @ 13:31 of 52500 shares).
Unfortunately, I can’t publish graphs and/or tables to better illustrate the correlation of events.
The interesting point here is that the article, which was likely purposed to drive down the stock had a different effect when the readers of S.A learnt about CYDY reading “between lines” our responses to the publication.
But, more of a moral here, is that exposure to CYDY only in one venue, after a negative article, was enough to lift the stock price. Just imagine what would happen if CYDY is unlisted.
The total amount of trades Friday was 1,503,000 (40-day simple moving average is around 500.000 shares).
Have a good weekend and good luck next week.
When the responses from some of us starting to appear (9:58, 10:08, 10:17 and so on the stock started to climb until it reached a climax at $0.375 at 13:18 when some sellers entered and started to drive down the price (largest block @ 13:31 of 52500 shares).
Unfortunately, I can’t publish graphs and/or tables to better illustrate the correlation of events.
The interesting point here is that the article, which was likely purposed to drive down the stock had a different effect when the readers of S.A learnt about CYDY reading “between lines” our responses to the publication.
But, more of a moral here, is that exposure to CYDY only in one venue, after a negative article, was enough to lift the stock price. Just imagine what would happen if CYDY is unlisted.
The total amount of trades Friday was 1,503,000 (40-day simple moving average is around 500.000 shares).
Have a good weekend and good luck next week.
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