Perspective on 10 months of progress, since we're
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Posted On: 09/02/2020 11:22:44 PM
Perspective on 10 months of progress, since we're in this lull waiting for earth-shattering news to arrive one day.
Back in November $.30s lull I was beating the drum on Facebook and Messages telling friends and family that first cancer patient result was imminent to confirm amazing animal metastases results, and that CYDY was best reward/risk undervalued public stock investment opportunity I'd ever seen. Some listened. I knew one of my machinist cousins was listening, and figured he had bought a few thousand shares. Apparently he was also digging for second opinions, and forwarded me this one from an accountant type:
Mr. Accountant was a pretty poor researcher as his cancer progress assessment was lagging even as of a year ago. Luckily this opinion did not dent my cousin's strong gamblin' blood. To my surprise, he timed the bottom perfectly and put in over a hundred thousand dollars -- a decent chunk of his life savings -- around $.28. A few weeks later Mr. Accountant was like "Ohhhh... Shit!" In April my cousin was able to retire after 15 years as lead machinist at an old ammunition plant that was not shutting down because, you know, government contracts are essential! Funny April seems like a lifetime ago ... just long enough for a cycle of greed/fear emotions to reset!
Long and Strong since 2013!
Back in November $.30s lull I was beating the drum on Facebook and Messages telling friends and family that first cancer patient result was imminent to confirm amazing animal metastases results, and that CYDY was best reward/risk undervalued public stock investment opportunity I'd ever seen. Some listened. I knew one of my machinist cousins was listening, and figured he had bought a few thousand shares. Apparently he was also digging for second opinions, and forwarded me this one from an accountant type:
Quote:
Another perspective
Hey big T! Sorry it took me so long to get back with you. I took a look at CYDY. It's not a pretty picture from a balance sheet perspective. Among other things the have negative working capital which is has already caused them to cancel some trials for new products (or new uses for existing products). The CMO or chief medical officer just got pushed out recently. In addition there are some pretty big names working on the same type of drug for the same uses. They could always be a buy out candidate but that's kind of a casino type bet. Also if you look at the bid/ask spread there is none listed which is a bit scary. They did just release some results of trials but if I read it correctly those were on humanized mouse models not real humans. I'm not saying it cant produce life changing money for you but I see these stories leak out on sub dollar stocks quite a bit. A little volume pushes up the price then the person who started the news dumps for a profit. I hope everyone had a great Thanksgiving and didnt get too fat! As for the stock...at least you usually get free drinks at the casino.
Mr. Accountant was a pretty poor researcher as his cancer progress assessment was lagging even as of a year ago. Luckily this opinion did not dent my cousin's strong gamblin' blood. To my surprise, he timed the bottom perfectly and put in over a hundred thousand dollars -- a decent chunk of his life savings -- around $.28. A few weeks later Mr. Accountant was like "Ohhhh... Shit!" In April my cousin was able to retire after 15 years as lead machinist at an old ammunition plant that was not shutting down because, you know, government contracts are essential! Funny April seems like a lifetime ago ... just long enough for a cycle of greed/fear emotions to reset!
Long and Strong since 2013!
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