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Lilbrother, I'm no expert either. Hopefully, we always learn from all of our investing/trading experiences and CYDY is no exception. Good luck to us all brotha.
Turning Stone, not to be contrarian, but I have to disagree to some degree. Although I do agree that someone "INVESTING" in a stock rather than trading a stock should perform some due diligence if they're going to buy and hold. There are INUMERABLE instances where a trader (not an investor) will buy purely on the technicals of a stock where an opportunity presents itself on a chart with an exit strategy in mind. This where technical skills are incredibly important and and necessary. A technical trader doesn't need to do any DD if all they're playing are the charts. There's nothing wrong with that type of action in the market place. If that was your intent in with what you said then I agree. I just wanted to clarify the distinction between investing and trading. I'm definitely a CYDY investor and on occasion will attempt to trade small portions to increase my position so the two distinctions CAN live together.
Turning stone, even if the US FDA fails to grant approval to CYDY, they aren't the only ones who can make/break us. Keep in mind that the rest of the world is looking at CYDY as well and all it takes for our success is for one of the other countries to approve us. When that happens, and the drug is shown to be successful on a large scale, what do you think will happen to the demand for Leronlimab?
Lilbrother, I would have to respectfully disagree with your premise that this doesn't have anything to do with them making money. I would argue that it has EVERYTHING to do with them making money. They, the market makers, aren't emotional in their trading, ever. They could care less whether ANY company is successful or they fail. The Market Makers will make money either direction a stock goes. They don't necessarily have political agendas that drive them. They are purely profit oriented.
I would agree that CYDY probably (highly probable) has a target on its back but it's not the market place as a whole, unless you're purely reference those with a short position agenda, which again, is profit-driven motivation.
The bigger target comes from Big Pharma and those who stand to lose money when Leronlimab begins to make a big dent in their profits by competing against them. This isn't the arena the Market Makers are really concerned about because they can make money EITHER direction a company moves in the stock market. It's only Big Pharma who stands to lose a lot and ANYONE who bets against CYDY. If a Market Maker loses money by shorting CYDY and has to cover their short position, don't think for a second that they won't do it over and over on the way up, taking advantage of dips and, in many cases, giving momentum to the dips to make a quick and healthy profit. They can make profits on every single dip all the way up into triple digits and beyond. There's no limit to when they can make a profit. We always hear stories about how folks want to 'stick it to the shorts' and I certainly enjoy hearing about that too but those times are but blips on their radars as they're involved in so many different stocks making money that when one takes a hit they know exactly how to manage their losses while continuing to make money elsewhere. The game is rigged and we just have to know how to play the game without the same benefits the MM's have while one hand is tied behind our backs.
B52T38, I'm not caught up reading so your question has probably already been answered. In case it hasn't been, the answer is algorithms can make these trades in a millisecond, both into the short position and right back out, if the pre-programmed conditions are met. It can also last days, months and even years until a company is shorted into oblivion. It really depends on the risk tolerance of whomever is shorting and what they believe to be true about the likelihood of success of the company. If they enter into a short position with the belief that the company will never make good and be successful then they may choose to short with the belief they'll never have to cover. This is a naked short where they, in theory "attempted" to locate shares to borrow and then short to the purchaser but never actually borrowed the shares. If they are willing to naked short and never borrow the shares and simply sell that which isn't theirs then they most likely never intend to cover. If a company goes belly up and their prices goes to .0001 the short never has to cover. There is also the legit short who will locate shares for borrowing and then sell those shares to the buyer. I can't remember but I think it's something like 3 day they have to return the shares by way of purchasing them and returning them to the person who loaned them (whether they realize they loaned them or not). Their intent is to sell at let's say $5.00 and then buy back at let's say $4.50. They return the purchased shares to the entity from whom they borrowed them, thus pocketing the .50 as profit for their troubles, and all in the name of "providing liquidity" to the market place. The original purchaser at $5.00 is none the wiser that they held 'borrowed / shorted' shares. For all intents and purposes, it really doesn't matter in that they, at any point, are free to sell those shares back into the market place at any time and their broker is required to ensure that they are able to do so, so long as their is a buyer willing to purchase them, whether it's the broker or another market maker.
I hope I've gotten all of that right. I'm sure I've missed a few important points but that's my basic understanding of how it works. If anyone would like to correct any of that, please feel free.
Jimmy667, volume is a double-edged sword. I know you used the word 'often' and not 'always' so this isn't directed specifically at you. Back on June 30th, we saw 56M volume and that definitely was not a price increase, even though we did see the HOD of $10.01. The majority of that volume was a result of the Bear raid, much like what we're seeing today. Anyone who knows even the barest minimum of how the stock market works knows that you never see a straight line up. There are always corrections, which are normal and healthy. Then there are Bear raids like what we're seeing today. Either way, we all knew (or should have known) some kind of 'correction' was coming. I think to call a Bear raid a 'correction' is a bit of a misnomer but the downward movement is what's normal here after so many days of consistent upward trajectory and is always a certainty. This is purely my opinion and in no way do I believe it's an end to the upward gains we've been enjoying and will most likely continue to expect. The fundamentals are definitely in our favor....again, in my pure opinion.
As a side note, I was on the phone with a friend of mine, who also posts on this board during this morning's action. He's definitely more brave than I and was willing to play this action to his benefit by selling a chunk when it started moving down with the intent to buy back in when the time is right based on momentum and chart indications, such as the Fibonacci retracement lines. I'll let him report his own results if he chooses to do so. He's been very successful at this in the past and is, I hate to admit, really good at using the Fibonnacis to predict the movements and has benefited from them.
Lastly, flipping for increased share position isn't shameful and in no way does it mean that one doesn't have a "Big Picture" plan in place. It's merely taking advantage of the market at specific times when it appears right to do so. Does that mean you ALWAYS win at the game? Certainly not and I, as well as my friend, can attest to the fact that you don't always win but it's also not hard to mitigate your occasional losses while still maintaining a healthy core position. Re-entry, though sometimes comes at a loss can be mitigated by not being afraid to admit that particular play was mishandled and jumping back in while accepting the relatively small loss. In the case where the fundamentals are about to radically change it can be a dangerous game to play by being partially out-of-position and that's why one has to weigh the risk/reward factor and be willing to take the hit. Knowing what you own and its potential is all part of the formula. As it gets closer to an expected major catalyst, such as an FDA approval, at least for myself, I'm less willing to take such a risk or if I do, it's with an even smaller position. I'm at the point now where I'm probably not going to be willing to take that risk...I think. For many on here, I think the need to risk for a small gain flip, probably isn't necessary while for others, it can be the difference in their economic future to be able to grow their position without the expenditure of any further capital. To each their own and GLTA.
Marksch1, thanks for the update and glad to hear the EIND approval.
Sorry to hear that. We will say a prayer for her and you as well. All things are possible....
Tradinplaces, I agree with your theory and your Mexico analogy is absolutely correct. I have zero doubt that the Philippines "warehouse" for other neighboring players will be exactly what happens, and I'm all for that.
Thanks Ahab. Appreciate the sentiment. I don't know if the culture will ever change or is even capable of positive change. I just hope that BP doesn't buy up and shelve what we have. What we have is desperately needed by the world.
C-20, I couldn't agree with you more.
Consider This
While I will concede that Nader is not the best choice for Cytodyn's spokesperson, I find it disingenuous for so many to blame all of CYDY's delays, share price and ills on Nader.
Consider that Big Pharma has a huge vested interest in NOT curing diseases. If there's truly a revolutionary solution that cures a disease then the money eventually dries up to a trickle. Look at cancer if you doubt this. Nobody can tell me there's not a plethora of cures (natural) for cancer that have proven highly effective without the mass of side effects presented through traditional treatment modalities. I'm not saying that some people don't beat cancer but even in those who do how many have you heard where cancer returned? If a natural cure were 'approved' and found to work then $Billions would be 'lost' by those touting a scientific 'cure'. Finding a 'cure' is BIG BUSINESS but actually curing a disease (cancer) is a death sentence to the BIG BUSINESS. Don't get me wrong, I truly believe there are hard working, well-intentioned people in the industry who are trying to make a difference and believe in their work. I also believe there are far more who never want to see them succeed because of what it will cost their eventual bottom line.
Consider that the FDA just might be corrupt. What? Say it isn't so! Scenario 1: "Hey, Mr. FDA dude. What if I were to fund X and in exchange you disallow Y&Z to help me out here?" FDA dude says "Sure, I can do that since you're offering X." I'm SURE that NEVER has happened in the history of forever cause there's no way the FDA or BP could possibly be corrupt. Scenarior 2: "Hey, Mr. FDA dude, I'm back. I heard this little nothing company called Cytodyn has developed something called Leronlimab. From what I hear there really aren't any side effects that we can develope a 'cure' for so we can't make money off of that. I also hear it actually cures....well, too many things to even list here so it's going to really hurt me and my fellow BP buddies something awful and if we get hurt then we won't be able to 'help' you out. Perhaps you could intervene on our behalf so we can continue our beneficial relationship?" Mr. FDA dude says "Sure, I can do that since we have such a great long-standing and beneficial relationship along with all of your buddies. I can see how their success would greatly impact so many good folks that we just can't allow that to happen. Let me look into this and see what I can do. I guess I'll have to ring up a few 'allegedly' corrupt politicians and ask for their backing while I'm at it."
Meanwhile, back at the ranch, Nader holds a CC and tells everyone this, that and the other. Because shareholders can be a fickle lot and allow emotions to dictate their trading based off of what Nader says along with various commentary from nervous nellies on a message board, they make unfavorable trading decisions that end up hurting their bottom line. Couple that with shorts doing what they do to undermine shareholder confidence by way of misinformation and selling short enmasse and the price takes a dive. Then those who don't fully have the "Big Picture" mind set and know what Leronlimab can do, quite literally, for the WORLD and what that translates to in terms of money, get scared and add to the hysteria and selling.
Finally, the big day arrives and an EUA is granted, followed by any one of a number of countries also granting approval, then followed by an FDA approval finally being granted (begrudgingly of course) and EVERYTHING changes. Suddenly, all of the past fauxpas commited by Nader and all of the worries and concerns about whether CYDY is a good investment evaporate and the sun shines down, the air is clear and all problems are suddenly forgotten. The world begins to look bright, happy, healthy and prosperous.....all except for those who didn't believe or understand. Oh, but wait, don't discount the possibility of Leronlimab being bought out and then shelved. Oh, I know, I just had to go there, didn't I?
The previous commentary is purely my opinion and imagination and should not be construed as trading advice. The previous commentary was for entertainment purposes. :)
Great analogy and very true....
Chuckles, nice to see this re: Ivermectin. I recently learned about Ivermectin through another source who was recently down in Mexico. When this person asked a local why we hadn't been hearing anything about high mortality rates concerning Covid-19 the person laughed and said (I'm paraphrasing from memory) "You Americans are so dumb. All we have to do is go to the local drug store and buy Ivermectin over the counter and the issue is resolved."
Well, seems to me that even with the 'trap' we still ended the day with another 5.5% gain, well above the EMA 200 of 2.92 or the SMA 200 of 3.23. What someone calls a trap, I call as some profit taking or flipping - the stock had a chance to 'breathe' as some might say. I suspect, purely my opinion, that the price will continue an upward trajectory tomorrow in anticipation of both the CC as well as the continued momentum from the coding news and expected FDA approval.
Okay Chuckles, that made me laugh.
So, if all things are equal, somewhere on or about Sept 24th, we COULD see the same. Thanks for that.
I appreciate your contributions and you're one of the few I follow on here. I completely understand your stance and don't blame you. The few bad apples manage to 'ruin' it for the whole.
uponabluff....did you mean Japan?
Good job...glad you joined up
I searched that report from the link you provided and nowhere in that report did I find the word 'August' or the date of '2018' but what I did find at the top was "Date of Report (Date of earliest event reported): January 15, 2020"
I'm curious, where do you read August 20, 2018 in that report to which you linked?
Dawson-M, although baseball homeruns are based on "hope to be" they are also based on action. If one only hopes but never steps up to the plate and swings the hope will never be fulfilled. I consider investing my money is like stepping up to the plate and taking a swing. I've done my Due Diligence, understand the fundamentals and have taken action.
Tradinplaces, I guess one has to consider their audience.
There's been lots of discussion pro and against TA. Fundamentals will always be King. Having said that, if one understands and closely follows the fundamentals then one can also do the same with TA and use TA to their advantage. You and I have done this many times over the years, with much success along with a few failures. I can safely say that we've had more successes than failures and has allowed both of us to sizably increase various positions simply based on TA but with at least some knowledge of the Fundamentals to help mitigate the risk of being in/out of a position. I think it's foolish to ignore Fundamentals. If, however, your long term picture isn't to buy and hold (presumably based on either need or knowledge of the fundamentals) then to ignore TA is also foolish.
It becomes patently clear when some folks use their knowledge of TA in an attempt to manipulate either for or against a position to create excitement or doubt/panic. This is especially clear when the message that's fabricated WITH the TA is consistently of a negative nature when the Fundamentals are clearly of a positive nature. The intention is evident to anyone with even a modicum of understanding and I believe from the vast majority of posters on this forum that most longs, if not all longs, understand this, even if a select few succumb to the Short's manipulation and REPEATEDLY voice their same 'concerns'. But hey, if it makes 'em feel better to shoot themselves in the foot then who am I to shame them? SMH
CYDY's fundamentals are extremely strong in spite of the ugly TA picture. Every time the price drops I keep wondering if I can scrounge up some more dry powder before the fuses are lit. In fact, I've been able to triple my original position because of the drops. I say fuses rather than fuse because there are many indications for Leronlimab and various avenues by which the fuses can be lit, e.g. Uplisting, FDA, UK.
Purely based on the fundamentals, I'm long and strong and very excited at what I believe to be a solid investment in $CYDY. Go Leronlimab, Go Cytodyn and Go Nader Pourhassen and the Cytodyn BOD. C'mon FDA, UK and NASDQ, let's do this and let's get the world back to a path toward normalcy and good health. I believe Leronlimab is going to be a game changer for MANY people for many different indications and I'm happy to be involved.
Excellent post Scooter
I enjoyed that very moving song/video, thanks for sharing.
"Pigs get fat, hogs get slaughtered." - I believe that's the saying. I'm okay with being a piggie.
Black Ops, it may be absurd, and I can't disagree, but it's true. The algos are written to take input for trade parameters based on risk tolerance. As a user, you set the parameters for the trade. When certain conditions are met then a trade automatically fires off without need for user intervention and it does it in and out of a trade, whether long or short based on the conditions you allow for. It's scary how efficient these algos are. Given the Level 3 data access, I can only begin to imagine how creative the writers of these algorithms have become. That's one reason putting in stop losses and the like are so dangerous and a great way for them to be able to 'steal' your shares.
Excellent notes, thanks for that.
SizzlChest, I have both Sandalwood and Hawaiian Sandalwood from doTerra. They're great oils. I'm really curious about that test. If you happen to find it, I would appreciate a link to it. Feel free to Private Message me if you prefer but there may be others here who may want to know as well. Thanks so much.
You may give 5he kisses to someone else, lol...not into OnionBrEaTh!
That's my point that there is no support in the 68 area chart-wise from recent or long term time frames.
Onionhead, I suppose an argument could be made that GILD has some support around the $67 area as well.
Onionhead, not to be contrarian, but I don't see what you're calling support in GILD's chart. I don't see any real support until it gets down to around the 62.25 area, roughly. They appear to be heading that direction at 68.83 right now but they still have a way to drop before hitting support, IMO.
Let's hope CYDY surpasses GILD's support line soon! ;)
Monroe1, I'm sure you understood this but, just so that others are clear in this headline statement:
Blane, agreed and add to that the global need and the fact that we hit $10 on virtually nothing. Imagine what confirmed data, uplifting and FDA approval will do? $10 is a quick starting point with a explosive trajectory, aided by the squeeze put on our short buddies.
Dr F, I think you are spot on with this statement:
"I hate to be condescending, but much of the current trading is retail investors chasing momentum and lack detail knowledge and a long-term vision of CYDY potential - many of those retail investors are looking for the next Novovax or Kodak, and when they don't get an immediate price appreciation, they sell. Knowing what you own/why you own it, and patience to wait out short term price movement before expected real news will be rewarded if lironlimab is what you/we believe it is. "
Unfortunately, extrapolation is required to arrive at the obvious expected, yet to be reported, efficacy results. This particular skill set is clearly missing from some on here who don't know where to find the positive results. Even when spelled out, those extrapolations are blatantly ignored or unintelligently refuted. This goes back to my previous post re: the 4 reasons for the negative posts.
Amen Brotha! I have a feeling the 'well respected gentleman' to whom you referred is the same person with whom I've been in private discussions with as well and completely agree that attacking ones own investment is like shooting oneself in the foot. Why do it?
1. Ignorance
2. An attempt to make oneself appear smarter than they are
3. A need to attempt relevance
4. A contrarian agenda to the longs
I typically ignore the posts but I've been known to fail at resisting the fray because I just can't stand to ignore the obvious nature of the poster.
Turning Stone, thanks for sharing this. Great article.
STONE SOUP
I understand what you're saying and why. I can't say that part of me doesn't feel as confused. Here's my take on it, for what it's worth.
The extreme and explosive potential for CYDY (Leronlimab) is so explosive that there will be extreme financial ramifications for those who bet against it, i.e. the shorts. The greater the potential damage, the harder they will fight. Right now, I believe, that without meat on the bone in these conference calls and shareholder updates, the bears will use that to fight, scratch, claw and bite and attempt to take CYDY down. They have to do this. They don't have a choice. For us longs, we hear this good news and know the potential and eventual success. What we're hearing is merely spices being added to the dish but the meat hasn't yet been placed in the broth. We're enjoying some veggies too of course along with those spices but the real main course is the meat. That's what's lacking at this point but we can see the meat being prepared and we know it's coming. The shorts don't think there's any meat and are banking on us only getting the proverbial stone soup.
This is the clash we're seeing. Some believe, some don't. So, we either do or don't believe and if you're long, then you obviously believe. The catalyst of meat with satisfy the craving and dinner will be served. Our bellies will be full and the shorts will be at our feet begging for crumbs. The question becomes, not if you believe but how much do you believe. Are you willing to hold onto the stone soup while you wait for the meat? Are you adding veggies and spices of your own by way of buying more while we wait? Or, are you taking some of the soup out because you're hungry and can't wait and the lack of meat causes a distaste for the stone soup?
Here's to full bellies and a nice loud burp.