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  4. CytoDyn Inc (CYDY) Message Board

95-98% selling is from shorted shares. They will h

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Post# of 153903
(Total Views: 419)
Posted On: 02/22/2021 1:13:24 PM
Posted By: onestepahead
Re: arbo99 #79262
95-98% selling is from shorted shares. They will have to cover maybe later today maybe Tom but def when the rocket takes off and CYDY get EUA. This was most likely a planned attack today from the shorts since last week they shorted a lot last week haven’t covered and Monday’s they usually shirt even more combine that with a PR that anyone who follows CYDY would know is a fantastic update that results are either good or great because they are in discussions with 3 countries including US fda ans those discussions around data are confidential, lots going on behind the scenes with positive data if we’re negative would be know discussions. 7 million shares trades when they have 30 million+ short shares. They most likely have shorted it several times jumping each other back and fourth or as they call it wash rinse repeat it gets to 4.85 short it more down to $4.50 cover back to $4.90 short again to $4.60 cover back to 4.99 short back to $4.65 and so on. Eventually they need to cover all their shares not just a tiny portion like today. Really great times coming in the next couple weeks for longs.


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