Quote:would you help me understand what you are seeing, and otherwise how this type of manipulation works?
It's not that easy to explain, but for the last few weeks any time the SP has started to gather upward momentum, big red blocks come slamming through on the bid. Sure that can happen organically from time to time - a big shareholder who's way in the green sells their whole lot to lock profits and put it somewhere else - it's the repetition that's unusual. They've done it over and over and over. It's seller manipulation, and it's definitely happening imo. I've watched so much tape I can see it clearly. It's much bigger than the Tim Sykes chatroom. Like 1000x bigger. The short sellers in the Sykes chatroom moved on from CYDY a couple weeks ago. It's hardly even mentioned anymore. This is much bigger imo. DEEP pockets. which are just getting deeper banking on their short positions lately.
For example, I cringed today when we broke over $4 because I was almost positive what they were going to do. It's almost like they're sadistic. Like they want to inflict max pain on new/inexperienced investors (some of which are friends/family I've told about CytoDyn, lol). I was almost positive they were going to let it break that $4 whole number psychological resistance and let it run a few pennies, let people waiting for that barrier to break buy and then slam it right back down. Which they did.
You can parse the details, but that $28.5MM financing news was outstanding - especially for an OTC. That should've popped us at least a dollar a share. Most of the time when a company gets financing by granting shares at a conversion price above the current SP, the price climbs pretty quickly to that conversion price or even higher. We barely got a nudge before the big red blocks started slamming the bid. They did the same thing with the trial result PR we dropped at 9:15am a few days ago. Price shot right up to $5.09 and looked poised for a really big spike, then immediately big red blocks slammed it right back down. That's not normal, especially in a market full of dumb, inexperienced Robinhood noobs who will chase anything with news that sounds good.
Someone with extremely deep pockets does not want the CYDY SP to find it's natural level, imo. Who could that be? My thoughts are it's obviously Big Pharma. They have the money, they've sicced their totally-devoid-of-morals attack dogs (Adam F., Andrew Left, etc) on us, and they're slamming short sells on the bid any time our SP starts to gain steam.
It's hard on the nerves - I can't even imagine what some of you going through 6-figure swings daily are feeling - but if you take nerves out of it and think logically, there's no way BP would focus this much money, attention, and risk this much of a potential hit to all their reputations if they didn't feel that CytoDyn was a serious threat to a HUGE chunk of their revenues. IMO. That's what keeps my eyes on the prize. In a just world, CYDY will prevail. Because Leronlimab is GOOD for humanity. If it's not a just world then we're all pretty much screwed anyway, so what's the use?
Hang in there. We're on to something that- based on this attack from BP - has to be enormous. IMO.
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