CryoPort Inc (CYRX)

[stockwatchman101]

I would say the reverse split is a worse case option. As was pointed out, the funds could definitely come from another source. CYRX needs the money and now we know they definitely have it in any case. We also cannot compare the reverse split under Larry and this one being proposed. There are just too many changes to CYRX's business and most importantly, the industry they serve as a whole.

If they maintain a strong business, we will all be fine regardless of the proposed split. They really need to get on the Nasdaq too.


Between the favorable industry developments, CYRX's business outlook, the news announcement cadence, I have never seen anything like this.


CYRX will have plenty of challenges for sure, but this is a different company today than any of us have ever seen in the past.