you bring up a great point - what should people be doing right now? Based on volume, no one has been doing much of anything. because even on days we hit 1mm in volume - that's still only $160K of volume across the entire market, given how low the SP is - almost nothing.
I've averaged down over the past couple years - but finally hit a point where i had paused - because the combination of silence, no CEO, etc. left me wondering what was going on, and if i was throwing good money after bad. i just didn't have the confidence to keep pouring money in, and when my friends asked what the *$%# was going to happen with CytoDyn, i would just say "i really don't know" - and based on the lack of buying, volume, etc, that apathy had clearly gotten widespread.
i do feel a little different here. while i'm not sounding the "all clear" based just on that letter, as we still have to get the hold lifted, and we still have to hire a CEO - i do feel better about those things happening - ideally in the next month or so.
That leaves us at the current juncture. The market cap of this company is less than $150MM right now - which is truly unbelievable. At that valuation, the market is discounting that it pretty much will never generate any revenue. If you think we do get the hold lifted, we do get a CEO, and we attract a partner to fund a trial for any indication (even a smaller indication - portion of the HIV market, etc) - the value / SP should climb substantially. my point is that even hitting a single or double on the business front at this point will likely represent a home run for investors - a large multiple on the current SP.
For me, my plan is this. I'm not buying shares tomorrow. but, if we get the hold lifted and hire a CEO, i'll add shares - even if the SP doubles on those announcements. that might sound dumb - but i have a lot of exposure already, and those milestones will de-risk the go forward to some extent. and even at 30 cents or 50 cents, the stock will be extremely cheap relative to even a very conservative future value. But.....for someone who wants maximum upside potential (and is willing to place his family jewels on the line), this very moment could very well be the point of maximum opportunity.
I've averaged down over the past couple years - but finally hit a point where i had paused - because the combination of silence, no CEO, etc. left me wondering what was going on, and if i was throwing good money after bad. i just didn't have the confidence to keep pouring money in, and when my friends asked what the *$%# was going to happen with CytoDyn, i would just say "i really don't know" - and based on the lack of buying, volume, etc, that apathy had clearly gotten widespread.
i do feel a little different here. while i'm not sounding the "all clear" based just on that letter, as we still have to get the hold lifted, and we still have to hire a CEO - i do feel better about those things happening - ideally in the next month or so.
That leaves us at the current juncture. The market cap of this company is less than $150MM right now - which is truly unbelievable. At that valuation, the market is discounting that it pretty much will never generate any revenue. If you think we do get the hold lifted, we do get a CEO, and we attract a partner to fund a trial for any indication (even a smaller indication - portion of the HIV market, etc) - the value / SP should climb substantially. my point is that even hitting a single or double on the business front at this point will likely represent a home run for investors - a large multiple on the current SP.
For me, my plan is this. I'm not buying shares tomorrow. but, if we get the hold lifted and hire a CEO, i'll add shares - even if the SP doubles on those announcements. that might sound dumb - but i have a lot of exposure already, and those milestones will de-risk the go forward to some extent. and even at 30 cents or 50 cents, the stock will be extremely cheap relative to even a very conservative future value. But.....for someone who wants maximum upside potential (and is willing to place his family jewels on the line), this very moment could very well be the point of maximum opportunity.
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