CryoPort Inc (CYRX)

[hyperopia]

CN, from $2 to $10 in 5 months? Yeah, it got ahead of earnings. It really shouldn’t have been $2 anyway, but that was the price of admission to the big leagues, and Cowen et al. definitely made theirs. There was a lot of good news justifying the run up to the $8-$9 (fair value) range though, so it really wasn’t that overvalued, and I didn’t sell either. I bought more today, and my guess is that there will be multiple trading opportunities on CYRX in the future. This is a tiny developmental stage company that is still losing money, who’s stock has a relatively small float, low volume, and a very large percentage of retail investors; that is a recipe for manipulation. In this case it really was a perfect storm, with institutions taking profits, shorts selling, the Maxim “article,” and management meeting with investment bankers.

BTW - The tunnel didn’t get longer; it’s the same size it always was. Some people here just want to believe it’s shorter than it really is.

Yes, revenues should be just over $12M this year. This is up over 50%! There are a lot of companies who would LOVE to be growing revenues at 50%. This company has come a long way in a short time. Remember what the revenues were in 2014? They were $2.7M and a gross margins were a whopping 16%. And in 2015? $3.9M and margins doubled to a big fat 30%.