Seeking37, This filing will be immaterial. Cyto
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Posted On: 12/18/2020 8:18:18 PM
Seeking37,
This filing will be immaterial. Cytodyn essentially paid and outstanding loan in shares of stock. Those posting negatively are attempting to manipulate investor sentiment and thus the stock price by spreading fear and uncertainty.
IMO, Monday's price action will depend on whether the upward price pressure from investors continuing to buy, based on upcoming results from clinical trials and Cytodyn's efforts to obtain approval, is greater than selling pressure from traders who attempt to lock in gains from the increased share price from this week.
This filing will be immaterial. Cytodyn essentially paid and outstanding loan in shares of stock. Those posting negatively are attempting to manipulate investor sentiment and thus the stock price by spreading fear and uncertainty.
IMO, Monday's price action will depend on whether the upward price pressure from investors continuing to buy, based on upcoming results from clinical trials and Cytodyn's efforts to obtain approval, is greater than selling pressure from traders who attempt to lock in gains from the increased share price from this week.
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