I suspect we'll see this run through $1.65 within the first
I suspect we'll see this run through $1.65 within the first minute or two of the opening bell on Monday for the following reasons:
1) now that we're in the international news, we're seeing many new posters here today and on IHub(new day traders on steroids). CYDY is IHub's 3rd most read board today.
2) we're now starting at $1.37 and not at Thursday's close of $93.50
3) given Friday's volume was 11.5m, I can only imagine what Monday's volume will be due to new day traders buying at the opening bell (will probably make black-friday shopping look like a stroll in the park)
4) With the surge in buying after the bell, many shorts may be forced to cover (I think I saw somewhere short volume is ~6m, but don't hold me to that)
If we get good news on the last 3 of the 7 patients by Tues/Wed, I wouldn't be surprised to see Monday's action all over again. Lately, I've felt $1.65 and $2 will be the walls to uplisting (getting to $3 and $4 won't be psychological barriers), I wouldn't be surprised to see us north of $2 by the end of the week. Again, that's assuming we get good news on the other 3 patients. Can't wait to see what the BLA announcement will do in the next two weeks with all of the excitement.
I know this is very optimistic, but it's getting difficult to hold back my excitement over an entire weekend. Kinda like trying to hold back a galloping horse with one rein. And as Jimmy Buffett says, it's 5 o'clock somewhere, and that somewhere is here. Cheers everyone and stay safe!
11
CytoDyn Inc (CYDY) Stock Research Links
My comments are just my opinions and should NOT be taken as investment advice.
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