Well, you could answer DRich's question because you have analyzed the stock more than I have.
I do know that the last time it dropped below 2 or almost to 2 it rocketed back up, but this is like an almost triple bottom this year for the stock...no? I mean AMZN hit the 3100s two or three times this year and look at where it is now (around 3700), but then again, that's AMZN, which seems to just go up over time no matter what.
The science is still sound.
Besides being granted patent status, some of the doctors on the staff just got their peer reviewer papers on Leronlimab and it's mechanism of action published in the NEJM. I understand the NEJM has limited space so your paper must not only be verified by independent peers but also be relevant and discuss something unique.
Meanwhile short interest in Cytodyn is apparently the highest of any stock. Can't find the source now but they compared stocks and Cytodyn had nearly twice as much short at the next highest stock. About 37 million shares are short in Cytodyn.
I know you don't believe short sellers tactics has an affect on share price but there are enough articles out there that say otherwise.
MDAWG adventures. Permanently hidden!
Trolling/hijacking. Three-day suspension.
AMZN was green a minute ago, now red. Volatile!
DOW stocks did take a hit yesterday, but are already recovering today.
So you are saying that this would be a good time to average down and buy more? Lol
(lol) no. I know you didn't think that I meant that.
CYDY actually just hit a new 52 week low of 1.40 or some such.
Anyway, in general, while it may seem counterintuitive, buying on the way up is sometimes safer than on the way down. A given stock might be headed for a breakout.
That old line, "Liked it at 10, love it at 5" is sometimes best left for gravelly accented East Coast cold call brokers. Boiler rooms.
I make so much at AP, this investment is just a drop in the bucket
That very well may be true, but it is irrelevant to the discussion of the individual stock, CYDY. And you bought it to go up, not down. I do not think you made a mistake buying it. I do think you made a mistake not selling halfish when it doubled from your initial investment. Especially since this was basically your first foray into a risky individual stock.
TSLA is probably a better trading stock right now, among the ones I trade regularly. Which I also have long term TSLA too, I just trade additional shares on top of what I hodl.