“I am a pessimist by nature. You might say a str
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You and I are very alike in this sense: I am a natural pessimist. And to be honest, I’m still trying to figure out what’s going on at this point. There is a lot of money that had poured into CYDY over the past 6 trading days and the company has nearly tripled in stocks.
I just can’t nail down why.
I get it, we’re near COVID data, but I feel like the exposure back in Feb/Mar, when the SP went from $1 to $3.50, was much wider then now: Fox News, CNN, mention, local news, etc. Yes, the recent Ted talk is out there, but the SP is acting like the Fox Business channel set a buy rating. Seriously, it doesn’t make sense in my head.
I‘ve never bought into a “someone behind the scenes” theory, but I can’t rule it out on this situation. Is there larger institutional buyer or BP scooping up shares before great data and approval? Is uplisting on the horizon and the large brokers know this? My mind is blown and even when discussing this with other level headed, CYDY investors, they don’t have an answer.