Investing in Cytodyn

Quote: MDawg

Quote: 100xOdds

Quote: 100xOdds

Quote: darkoz

Well it's gone up on no news.

I would be more concerned if it went up on news and then reversed
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I expect it to go back to .50.
It was at that lvl for a while before it started it's fast rise 2 weeks ago
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yup,dropped another 8% today.
Placed a buy order at .50
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Does this mean...you're in?


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no.
changed it lower.
might change it again to buy at 52wk low (.23/share)

Quote: MDawg

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Does this mean...you're in?


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This chart looks like the EKG of a dying man.

Quote: 100xOdds

changed it lower.
might change it again to buy at 52wk low (.23/share)
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If you consider .50 a certain bottom for CYDY, now that it has re-tested it, it might very well go lower, so you're probably wise to wait.

Same as when a stock re-tests a resistance level, it might well break out.

Then again, CYDY is not exactly a typical stock, so it might go anywhere from here.

I view CYDY as something like a stock once called HEB, that is currently called AIM. I never bot any of their stock, but I know some who were involved with the company itself.
HEB/AIM has been trying to repackage/repurpose a drug called Ampligen for decades. Stock holders bought into the scheme on and off for years, until basically having giving up for some time now. But the company keeps coming up with more reasons for why it is still relevant. Knowing insiders, I know exactly how these schemes work.


AIM broke out once, otherwise it's gone nowhere.

So, on the negative side, this sort of Road to Nowhere is probably where CYDY will end up too. On the plus side, no matter how crappy a biotech company's drugs might be, if they are clever in presenting new hope in its prospects, the stock and the company will never die. Wilt and empty the pockets of stockholders all along the way, but not fade entirely.

The all time high of CYDY might just be it, period, destined to resemble HEB/AIM, from 2000 onwards.

and it's up 20% today on no news from google when the market is down 1%.
So what's going on?

Quote: 100xOdds

and it's up 20% today on no news from google when the market is down 1%.
So what's going on?
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There was an FDA warning letter issued in 2021 that comments as to the effectiveness of Leronlimab as claimed by the CEO had not yet been officially proven by FDA standards.

It seemed strange because several peer reviewer scientific research papers concluded what the CEO said was true.

At any rate that warning letter was forcibly posted on Cytodyn's official website. What a terrible look.

As of this morning that warning letter from the FDA has been removed. Since it was posted at the FDA request the speculation is the FDA in light of the evidence has backtracked and allowed that letter to be removed.

$100 million N.J. deli scheme leads to federal charges against a man and his son

If they may claim a $100M valuation, why not CYDY too? 😆

Your Hometown Deli, the business at the center of the probe, was located in Paulsboro, New Jersey, over the Delaware River from Philadelphia. The deli, lauded for its cheesesteaks and Italian subs, made under $40,000 in annual revenue

Well, CYDY brought in a whopping $266K in revenue (ttm). (Resulting in a gross profit of negative -73.28M.)

Quote: MDawg

$100 million N.J. deli scheme leads to federal charges against a man and his son

If they may claim a $100M valuation, why not CYDY too? 😆

Your Hometown Deli, the business at the center of the probe, was located in Paulsboro, New Jersey, over the Delaware River from Philadelphia. The deli, lauded for its cheesesteaks and Italian subs, made under $40,000 in annual revenue

Well, CYDY brought in a whopping $266K in revenue (ttm). (Resulting in a gross profit of negative -73.28M.)
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You KNOW this is an analogy with NO merit! There are many companies with NO REVENUE that eventually will be huge successes. How long did it take Tesla to have revenue?

None of my comment is meant to imply that CYDY will ever be a profitable company.

I think you made a typo. NO REVENUE? I think you meant no net profit!

No revenue = dismal failure.

AMZN had massive revenue but eventually, also, net profit.

TSLA had good revenue too, but the problem (until somewhat recently), was lack of net profit.

CYDY with $266K revenue ttm is, in fact, a dismal failure and along the lines of the deli scheme store, in that the company is being constantly sued for allegedly cooking the books.

Quote: MDawg

I think you made a typo. NO REVENUE? I think you meant no net profit!

No revenue = dismal failure.

AMZN had massive revenue but eventually, also, net profit.

TSLA had good revenue too, but the problem (until somewhat recently), was lack of net profit.

CYDY with $266K revenue ttm is, in fact, a dismal failure and along the lines of the deli scheme store, in that the company is being constantly sued for allegedly cooking the books.
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No typo! Startups often have no revenue until the product they are developing is salable. Tesla I’m sure had no revenue for years after its inception.