Cold, I agree that the Cryoportal is a significant competitive advantage for the company and it’s the primary reason Cryoport has the leadership position it does. And while I think the management team certainly understands the company’s strengths and the industry in which it competes, and have improved and leveraged Cryoport’s products and services to position the company on the doorstep for success, I question if they are capable and understand what it takes at the next level.
I think many here understand the company quite well, but a number of factors have to come together to make a good investment. Timing is very important, and it can be the difference between a profit and a loss. As you said, for many years CYRX wasn’t investable. Robert is talking about the investment thesis, and quite honestly, CYRX didn’t have one until recently, and it hasn’t changed. Cryoport isn’t undervalued because the market doesn’t understand the informatics advantage Cryoport has, or it’s value proposition. The market doesn’t like uncertainty, and right now, there are a lot of unknowns with Cryoport.
The larger institutions have access to more information than you could ever imagine. They hire the best and the brightest, and have analysts who conduct surveys and field level research, attend industry conferences, company presentations, and listen to conference calls, economists who conduct and access macro-economic research, quants who build financial and forecasting models, and of course teams of highly educated analysts conducting detailed financial, competitive, market, valuation, and risk analysis on individual companies for possible selection by the PM for their stock or bond portfolios. They have trading desks with experts in options and futures, stock and bond trading strategies, and technical analysis, and use artificial intelligence supercomputers to assist or even perform their trades. There is nothing that you know, or think you know, about CYRX that they don’t.
Robert didn’t make a great first impression, but he has had some timely and helpful posts. And he did answer those questions. You just have to know how to listen.
