Yeah, thanks Evil, that's what I meant.
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Posted On: 04/12/2022 12:20:49 PM
Re: Evil Rabbit #121864
Yeah, thanks Evil, that's what I meant.
The sad part is that enthusiasm from retail investors for the stock has been there, as we well know here, but the steady stream of Fife selling shares month after month after month has constantly depressed the price, which has slowly and steadily taken bites out of retail belief (and now Nader himself could be selling shares he got in his severance package).
Raising $150 million in one or two offerings when the price was high instead of convertible notes that have been turned into of millions of shares for sale each month would have obviously been a much, much better move in the long run.
But the volume is still typically a good bit larger than it was when the price was around these levels last in 2019 and I think there are still a lot of eyes on CYDY so the chance to really bring the enthusiasm back is definitely still there.
The sad part is that enthusiasm from retail investors for the stock has been there, as we well know here, but the steady stream of Fife selling shares month after month after month has constantly depressed the price, which has slowly and steadily taken bites out of retail belief (and now Nader himself could be selling shares he got in his severance package).
Raising $150 million in one or two offerings when the price was high instead of convertible notes that have been turned into of millions of shares for sale each month would have obviously been a much, much better move in the long run.
But the volume is still typically a good bit larger than it was when the price was around these levels last in 2019 and I think there are still a lot of eyes on CYDY so the chance to really bring the enthusiasm back is definitely still there.
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