IMO (I know many people love that term here), the
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Not often do stocks continue to climb and climb without consolidation or continued good news. This morning, without a PR, and given the recent SP rise, there was an opportunity to thin the herd. The technicals gave a few hints and those with certain strategies sold, shorted and bought.
IMO (see, I did it again), Grip posting that article had nothing to do with what happened and didn’t influence anything either way. Now, guys like Sykes, who have many many followers, can effect an OTC stock like CYDY and he probably did that today because he saw the technical.
Lastly, the “sky is falling” posts are always entertaining especially following a run from .30 to 1.54, which has benefited most of us here. I’d like to remind folks that not long ago the SP pulled back to .78 and then ran all the way up to $1 and beyond. Nothing different today, just a different price point.
Hopefully we’ll see the BLA PR in the coming days and an update on cancer patients 3 & 4 and enrollment of 5, 6, and 7.