So I read through the 13D filings myself(yes I had
Post# of 148154
I'm certainly not opposed to a phase 3 longhauler study...but if that is their pathway to fast approval I'm not sure it works logically. They have to wait until Oct 28 to get board seats so they have control to submit the trial...then fill the trial, wait months for results. Current Mgmt "should"I use that term loosely) have a BLA filed by then so technically if all goes well current mgmt would get approval first.
I do see some logic in having a monopoly on a space where there currently is no treatment such as longhaulers vs HIV. So there is some logic to that. Again no guarantees, I have not seen a phase 3 longhauler protocol from the current team yet.
I do wonder if the 13d crowd has as much backing as they think they have.
The bottom of one of the filings had this
Quote:
"Exhibit 2
Subject: Record date and if any of your shares are out on loan Paul R
To All:
CytoDyn has set a record date of September 1st, this coming Wednesday, for its 2021 annual meeting, regarding the election of directors. If you have shares on loan (through a margin account or otherwise) and would like to vote your entire position at the annual meeting, please contact your broker to recall any shares you may have on loan. You must have your shares "long" in your account as of the September 1, 2021 record date to be able to vote at the special meeting.
Please let our proxy solicitor, Okapi Partners LLC, know if you have any questions or if they can be of any assistance. write to either one below with any questions
bhgoldfarb@okapipartners.com
cgarske@okapipartners.com
Thanks
Paul R"
The response today was a small spike in price but 1 million shares traded is hardly a big volume short squeeze in reaction to people having their shares on loan asking for them back.
Just some observations. Useful or not I don't know. However in a few weeks the fam and I will be moving to WA so I can keep a closer eye on my investment. Maybe drop by and see if NP has any extra coffee cups laying around. Happy investing all!