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  4. CytoDyn Inc (CYDY) Message Board

That price action in Germany is hardly indicative

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Post# of 153913
(Total Views: 454)
Posted On: 02/07/2020 8:31:36 AM
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Posted By: lorbas
Re: crazyjogger925 #17322
That price action in Germany is hardly indicative of what is going to happen today...

Somehow, they like to either massively overpay at Stuttgart/Berlin exchange or, probably, in this case, to throw their shares on the market for cheap; also spreads are 10% usually. No "smart money" or smart investors is buying/selling under such terms...

It might go down in the US too at the opening, but it should recover...

No need for the doomsday atmosphere on the boards: cancer results from patients 5 and 6 due soon; we might hear more about our Chinese partner any day.

Unfortunate was the timing of those 11m reward shares with the BLA delay; combined with the short report this doesn't make a good impression on new investors unfamiliar with the company.


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