Investing in Cytodyn
TSLA hasn't rebounded yet.
CYDY just hit a 52 week low.
Quote: MDawgAMZN still roaring.
TSLA hasn't rebounded yet.
CYDY just hit a 52 week low.
MDAWG adventures. Permanently hidden!
Quote: SOOPOOThe definition of trolling. Adding nothing to this thread. Just posting like a petulant child. Hijacking as well.
MDawg…. You don’t fear a “long term” downturn of even good companies due to inflation, out of control government borrowing, corporate tax hikes, etc?
So you are calling me a troll?
Personal insult
Quote: SOOPOODark…. You know I like you! But seriously, Mike has acquiesced to the will of the Forum and made it more difficult to access the mathematically challenged threads. It was just rude of you to come to a chatty thread about stocks to gloat over the other thread being hidden.
And as per the warped interpretations here, I didn’t call you a troll, I said the post you made was trolling.
I know
I like you too soopoo.
MDawg keeps posting on Cytodyn, a stock he has no interest in financially. So clearly his interest is only to dig into me.
And he has been rattled by his adventures thread being hidden and that I don't have a problem with it.
So, if he is so interested in Cytodyn I am just as interested in his inability to get his adventures seen.
So, yes both MDawg and I are acting like petulant siblings. We both make money in casinos and apparently both using advantage play which I called him on over a year ago. He is just upset I was right so now he wants to advertise where (at the moment at least) I am wrong.
Yes I have stated from Day One that I believe CYDY is a poor choice for investment, but that is intrinsic to the company and to the stock. I have also mentioned at times that it would be time to sell! sell! sell! CYDY, but again this has to do with the action movement of the stock, and my professional opinion of it. So far, I was right - the time to dump it WAS the few times it hit 6 or 7. Look at it now, it's sadly at a 52 week low. 1.61
Quote: MDawgIf CYDY (or any stock) is mentioned, the discussion should center on the stock.
. Look at it now, it's sadly at a 52 week low. 1.61
So you are saying that this would be a good time to average down and buy more? Lol
https://finance.yahoo.com/news/cytodyn-granted-significant-patent-uspto-100000667.html
I took umbrage at his claims to beat the casino sans an advantage. Most of his supporters say he is doing just that
Most of his detractors say he isn't winning at all, it's a farce.
I have been saying for a long time he probably is winning but with an advantage.
He has now admitted he plays with an advantage so why he doesn't view me as at least a partial supporter of him idk. Perhaps because I called it correctly when he was trying to make different claims.
I welcome him to the AP community. I think he should go about bragging a bit differently. But I brag so I am not against bragging overall.
As for Cytodyn, the stock is not a loss to me until I sell but I certainly am not happy with the current place of the SP. But I made my investment based on the science. There seems to be some FDA corruption which may not be overcome, but the science is still strong. Plenty of drugs that go through this process have ups, downs. It a process of discovery. So I am still hopeful my Cytodyn investment pans out.
As far as CYDY, my issue with this stock and others like it is that such stocks should be treated as calculated gambles, and sold off or at least partially sold off when they go up, versus held long term solely as a home run play. By such stocks, I mean - in general - negative -EPS, penny stocks.
Quote: MDawgStepping back, but in a positive light, from the stocks topic of this thread - yes, it's true that DarkOz and I have butted heads at times in the past. However I believe it is also true that we have come to realize that both of us are utilizing various means of Advantage play at the casinos.
As far as CYDY, my issue with this stock and others like it is that such stocks should be treated as calculated gambles, and sold off or at least partially sold off when they go up, versus held long term solely as a home run play. By such stocks, I mean - in general - negative -EPS, penny stocks.
MDawg isn't wrong about penny stocks. A bit of research will show the same argument.
I invested based on my understanding of the science and didn't care about penny stock status.
Will penny stocks status overrule science? I would hope not but I do admit if this were a boxing match in the eleventh round, the judges would be siding with penny stock status.
Hopefully in the end science will rule out. I have a lot invested
At any rate I invested in a second stock about six months ago and am up about forty percent. That stock is also long-term biotech but NOT a penny stock.
I haven't mentioned it because of all the hostility here when I created my Cytodyn thread. Didn't feel like being accused of pumping a stock again. I only ever wanted to discuss my picks, that's all!
Quote: darkoz
At any rate I invested in a second stock about six months ago and am up about forty percent. That stock is also long-term biotech but NOT a penny stock.
PRAY TELL!
Don't worry in the MDawg Investments thread it will simply be viewed as yet another banal stock chat convo.
Quote: MDawgPRAY TELL!
Don't worry in the MDawg Investments thread it will simply be viewed as yet another banal stock chat convo.
Well DRich and I think alike.
Yes, I invested in a CRISPR stock.
DRich did you invest in CRISPR technology or the stock itself.
CRISPR is gene editing technology and one of the first companies on the scene has CRispr as it's name so some confusion there.
I am invested in a CRISPR stock but not in the company Crispr
Quote: DRichSo you are saying that this would be a good time to average down and buy more? Lol
https://finance.yahoo.com/news/cytodyn-granted-significant-patent-uspto-100000667.html
(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.
Quote: MDawg(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.
DRich linked to an article about Cytodyn receiving the patent on Leronlimab. He wasn't suggesting investing on the way down on a hope but on information that the company has hit a legal milestone.
If Leronlimab's molecule is synthesized by any other pharmaceutical company they will owe patent fees or whatever.
Leronlimab has shown extremely good results. It's missed it's end points by a very small margin which is why the FDA refused to okay it (even though a few competing drugs that failed the mark by worse got approved thanks to their big pharma connection but hey welcome to corruption).
Point is this close you don't say "Ok, we were close, next!". What you do is figure out what is needed to hit the mark. Different dosage, different schedule of application etc.
And now if some big pharma company tries to step in and develop their own version guess what, they get a letter of patent from Cytodyn.
So based on information, not "gee, otc sucks" DRich is asking isn't this a good time to buy.
Quote: darkoz
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.
Who doesn’t believe short sellers depress stock price? MDawg?
I don’t follow. Short sellers synthetically increase the supply of shares. Econ 101 says that drives down the equilibrium price.
Quote: MDawgWhat we discussed was that short selling is eventually followed by buying to cover and the two will more or less cancel each other out. In the long term mere short selling alone will not affect a stock's price.
Ok. I agree with that statement. Once the short interest is gone, the stock goes back to where it was.
Quote: unJonOk. I agree with that statement. Once the short interest is gone, the stock goes back to where it was.
From this chart the short interest in Cytodyn hasn't gone away. I'm fact it's risen.
No second dip yet!
TSLA nice bounce too, today. AMZN more or less flat, and well above 3700.
Quote: MDawgThe dip/sell off was only Thursday, and Friday the market rebounded completely. Beware - typically when recovery comes that fast there is a second, more violent dip.
Second dip in process, as relates to the Nasdaq,.
Quote: MDawgCrikey!
It's all a nothing burger until I sell or they go bankrupt.
Not sure what daily watching does for you.
I still own the same shares as months ago and have no problem holding for years if necessary.
I make so much at AP, this investment is just a drop in the bucket
Quote: SOOPOOThat 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.
I brought it because I believe in the science behind the drug
I still believe the science is sound and still am hopeful for approval and eventual profit
Of course, I want the price to go up. I didn't sell because simply doubling the sp was nowhere near price potential if and when this drug is approved.
Biotech investment is filled with ups and downs so scared money is almost certainly going to be lost money was my point. I'm not scared money and can weather these dark days stock price wise.
Quote: MDawgOver the past year the S&P 500 has gained 37.20% while CytoDyn Inc (CYDY) stock is down -71.75% over the last 12 months.
So?
I'm asking because there is only one reason for you to post about Cytodyn. You aren't invested in it.
To repeatedly mention a stock you aren't invested in but is widely known is invested by Darkoz is basically saying you are invested in the failure of Darkoz.
I got suspended for mentioning that you got really excited over winning some bottles of ketchup.
This constant mentioning of Cytodyn for the sole purpose of digging at me seems to be in a similar vein
Quote: MDawgMany stocks have been discussed in this thread, including ones I have decided to buy into and ones I have declined to buy into. Why take it personally?
Because I am not stupid.
You don't mention ANY other penny stock.
And whenever Cytodyn was in the green your analysis went dark. Suddenly you couldn't be bothered to mention it.
Until it dropped again.
I'm an AP. I read you like a book with a tattered cover. I understand who and what you are better than you do yourself.
Quote: MDawgGetting back to CYDY, you have heard the stock market expression about bulls and bears making money but pigs getting slaughtered? Over the past year there were repeated opportunities for both long and short money making on CYDY.
So you are calling me a pig now?
Quote: darkozI brought it because I believe in the science behind the drug
Quote: odiousgambit
https://microcapdaily.com/cytodyns-robust-platform-technology-keeps-expanding/132259/
Quote: MDawgLooks like it is heading back down again.
Sorry, I missed the post when you said it went up.
Oh, wait, you don't post when Cytodyn goes up. Only when it goes down.
Now, why is that?
What is your interest again?
EDIT:. Price always seems to go down on good news with Cytodyn. Crazy world or shorting?
https://riotimesonline.com/brazil-news/brazil/brazils-health-regulator-authorizes-biomm-to-conduct-phase-3-trials-of-anti-covid-drug/#0
Quote: MDawgI believe around the third week of December 2020, I was posting about how CYDY went to 5 and then was pushing 7, in the context of time to sell! sell! sell!
Your philosophy is sell low?
Quote: MDawgGiven that CYDY is around a dollah now, and especially given that 7 would have been a triple for you, how is 7 low?
It sounded like you were advising me to sell now.
I'm holding with the expectation it's going to go much higher than $7 once it's approved.
Approved for Cancer, HIV, NASH (liver disease) and Covid.
If it gets all those approvals it's worth more than $7 a share.
Quote: MDawgNice! job. You know, when you have waited THAT long given that it made it back to 700, you should have sold higher than 706. The theory in general is that if it has made it all the way back to a certain price that is much higher than from where it had dropped, that it will break through that certain price and go even higher.
This theory isn't always valid though. For example, CYDY, looks like it plummeted and returned to 5-7 at least three times but did not go any higher. Now, if it goes back to 5-7 yet another time will it break through to higher? The theory says - YES, but let's wait and see.
Well, I am not investing on theories of finance.
I'm going with the science of an investigational drug that will hopefully prove to benefit cancer and HIV patients. And Covid too.
Your finance theory is sound if you are just putting your money into anything that moves.
I'm actually invested in the future of the stock, not just looking to make a few bucks next week
Technical analysis always applies to some extent though. For whatever reason, CYDY encounters strong resistance at 5 - 7. Of course, it is going to have to get back to 5 to begin with in order to test resistance in the first place.
Quote: MDawgThe theory is sound for a solid stock. Another stock, someone looking at the fact that it failed to break through 7 a couple times, someone might say that it is a weak stock, and therefore the theory does not apply. You would want the theory to apply. For it not to apply, that would mean that CYDY will never get over 5 - 7.
Technical analysis always applies to some extent though. For whatever reason, CYDY encounters strong resistance at 5 - 7. Of course, it is going to have to get back to 5 to begin with in order to test resistance in the first place.
I get what you are saying but biotech startups are a different animal.
They typically take ten to twenty years to get a single sale (read FDA clearance required) and burn through millions of dollars doing it.
It's like looking at the metal girders of a building under construction and then saying a landlord can make rent easier if he buys a finished building.
Well, yeah, until the construction work is completed, of course.
Meantime, TSLA taking a small breather, and AMZN green again but has a long way to go back to 3700.
Quote: MDawgNot sure if he is trying to say that the approach is what matters, but just because one believes in a company does not make it an investment quality stock. The market decides that not one person.
Meantime, TSLA taking a small breather, and AMZN green again but has a long way to go back to 3700.
Investing in a biotech that hopes to sell a drug is a generally losing proposition, but every now and then you can hit a home run. I believe Moderna was $14 two years ago today, and is $378 now. So a $14k investment is now $378k. The latest uptick is NOT because of its COVID -19 shot, but related to a different virus vaccine, for RSV. Moderna has earnings coming out any day now, and I’m expecting a big pullback after, as it will remind people that news does not equal profits. I still own only 30 shares so I won’t sell any…..
Quote: MDawgCrikey!
Jiminy!
AMZN, TSLA, NFLX all green today.
MRNA red today but actually popped shortly after SooPoo posted the above.
Quote: MDawgQuote: MDawgCrikey!
Jiminy!
AMZN, TSLA, NFLX all green today.
MRNA red today but actually popped shortly after SooPoo posted the above.
Lol, every penny Cytodyn drops you intend to post?
Why is it you are more concerned than I am and I am a shareholder?
Quote: darkoz
Why is it you are more concerned than I am and I am a shareholder?
If he doesn't I might. I am now down almost 60% on my CYDY. Que Sera Sera
Quote: DRichIf he doesn't I might. I am now down almost 60% on my CYDY. Que Sera Sera
That I understand and it makes sense you want to discuss.
Let's face it, no one, absolutely no one cares about the price of stock they have no interest or investment in.
The only interest MDawg has is because I am invested in it and he intends to keep pointing out downwards price movement.
The mods can decide what that's called.
What does Rlftf price have to do with anything?
Nothing. I just like to post about stocks I am not invested in.
Makes lots of sense, right?
Quote: darkoz
Let's face it, no one, absolutely no one cares about the price of stock they have no interest or investment in.
Let's face it, I must be the one exception to your rule. I watch CNBC every morning and am fascinated by the market even though I only own about 15 stocks. If anyone can understand GME, AMC, or HOOD please explain them to me. I don't own any of those.
Quote: DRichLet's face it, I must be the one exception to your rule. I watch CNBC every morning and am fascinated by the market even though I only own about 15 stocks. If anyone can understand GME, AMC, or HOOD please explain them to me. I don't own any of those.
But you don't post about them whenever there is downwards movement, correct?
Gme, amc and Hood are perhaps deviations anyone might be interested in due to recent events and news coverage.
Quote: darkozThat I understand and it makes sense you want to discuss.
Let's face it, no one, absolutely no one cares about the price of stock they have no interest or investment in.
The only interest MDawg has is because I am invested in it and he intends to keep pointing out downwards price movement.
The mods can decide what that's called.
I follow dozens of stocks I don't own. I might have owned them , or am following them to track them. To claim that "no one, absolutely no one cares " just shows ignorance of how the market works.
Day traders follow hundreds, maybe thousands of stocks. Following stocks you don't own is how you get better at picking stocks.
Lets face it. You mistook a press release for a scientific review and bought a dog. it wouldn't have mattered much if you didn't spend weeks spreading disinformation about it and convinced a few others to also invest. I sincerely hope you folks joined one of the many lawsuits stockholders have filed against the company as that may well be the only you get your money back.
Oh wait, that's something else.
