CryoPort Inc (CYRX)

[coldasice]

Through a small order in and got filled, for a trade only... Will add if the stock goes down again tomorrow, which it just might..At this point, will get close the kitchen sink bottom.. Maybe earnings day?

I think CN might be correct about the downward pressure having to do with the conversion.. But really a very stupid reason to sell or front run. The conversion is priced at $2.62, owned by insiders and strong longtime shareholders..
And the crazy thing, anyone who ever owned a business and had losses, knows there's value.. CryoPort is sitting on 75 million or so In losses.. Even if you were to double the shares outstanding to around 24 million, $3.00 per share just for those losses.

While I have bit my lip during this sell off, small caps and the market in general, brutal.. And while strong growth has stilled not kicked in at CYRX. Is it do to industry factors or poor management? Are we to blame CYRX management because of a phase 3 failure, or India stopping surragocy? This is the issue I need to research deeper.. Would love to hear other board members thoughts, and is anyone selling or going to hold on?