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I haven't watched Cramer since Jon Stewart "roasted" him. In thinking back to his show, didn't he only take questions about companies he knew something about (or his researcher did some quick "googling")?
I think FDA approval of all aspects of PRO-140 will speak volumes!
Pears, you're going to give ma a heart attack with your "analysis"!
(J/K of course)!
Prior to reading your last post, I was looking at June of last year where the price jumped 13 cents in one day on high volume.
I had a much smaller position at that time and wasn't following on a daily basis like now.
But, for those of you who were, what was that day like?
I suppose and I will, check back on board posts then.
While we get all excited about 2 or 3 cents, the "EKG" must have been off the chart!
We need to see new money coming in.
Shane, there might be another problem as well. Based upon what you have said in the past, I am assuming (please correct me if I'm wrong), that the shares your wife sold at 71 cents, she purchased at a higher price, thus she would have had a loss. Now she is buying back the shares, and if she sold at a loss we have a "wash sale."
I don't suppose I'll ever understand this, but I'll always find it fascinating. Most of the morning the bid/ask remained at 75/76 with most trades coming off at 76 cents.
Then around 12:20pm, the bid drops to 73.5 and a series of 10,000 share lots come off at 76 cents, climaxing with a 100,000 share purchase at 76 cents.
Any of our board people involved with this?
Fascinating!
Thanks trding. That really is an "eye-opener" giving a lot more perspective!! I have bookmarked this site.
Amazing to see that the first 18 trades in a row for the day were all "buys" at the asking price!
Wow, Grip It, I am a bit shocked at this also. As you were saying it always seems to be the case that we close on a downtick. Maybe this time, it just happened to tick up as the market closed and the "down tick" people just didn't get their usual order in, in time.
Might just be "poor timing," or "good timing" based upon how you are positioned.
70 cents held! Another psychological win for the good guys!
How strange! My Etrade accounts shows at 3:46 that the last trade was at .701 at 3:06pm, eastern time, and that right now the bid is at .708 (3,700 shares) and the ask at .72 (31,000 shares).
I don't understand an earlier post that stated how many buying shares there were and how many selling shares there were. My problem, if someone can please explain it to me, since there is a buy for every sell, and vice versa, how it it determined that some transactions are considered as "buys" while others as "sells?"
According to trdg, 160K buys and 22K sells.
So we are all agreed not to sell any of our shares for less than 70 cents?
You're not alone Ross. Thanks for being the first to admit it!
I don't know Bucky, but aren't doctors and scientists supposed to do more research from what they learn at these conferences and leave investing to people like us (to either become wealthy or lose our shirts).
With 45 minutes to the close, very proud of our investor group to not allowing the (70 cent) "line in the sand" to being crossed!
123Boom - Love your posts.
The recent one:
Shane,
I was in Dubai and Abu Dhabi a year ago. Did not meet the Sheikh (was unaware of him then). Had fabulous time. Plan on returning there for the 2020-2021 World Exposition.
I am very happy for you Shane. The question might be rephrased then as to what a 37-39 year old man, given that CYDY or something else you are invested in hits "big." What you will do to get the most meaning and enjoyment out of your life? Homes, you clearly have.
Its not a question I am posing for you to answer on this board. It just something to think about, after you wrote:
"Cynmark, I am not greedy to have many houses. We have 3 houses 2 with great Tanent. I think we don't need any more headaches. I am way more than happy and grateful to God what we have and how much I accomplished in my 37 years."
What you said above shows a side of you I was previously unaware, as we mostly talk about CYDY here (though I have no problem with others who post about golf and other Off topic matters, as we are people first, investors second.)
Shane, I hope you have the joy of owning many homes for your family in the near future!
Michelinvests,
I've been patient this long. Besides, not going to Vegas before the "bear is shot," rather to celebrate when we have "the bear." Really beginning to feel badly for the bear.
Las Vegas sounds great Inoviorulez (I'm gonna have problems pronouncing that one). Just have to keep me out of the casino. Can you imagine, waiting so many years to hit a home run on CYDY, then going to Vegas to celebrate. Chances pretty good I'd be keeping myself away from the tables (unless your talking about the buffet tables!)
Shane, my good man. Thanks for clarifying your holdings. You haven't been forthcoming with us, it seems. So, you and your wife owned 1.2m shares, or possibly even more. I know that I can depend upon the price of a stock skyrocketing right after I sell it. What is your (I mean, your wife's) track record?
Good to hear from you again War!
As would I, Chump
Cynmark aka Richard)
If "our dreams come true" on the BO, we will all have the time resources to meet each other, with appropriate name tags on, of course.
So Shane, your wife wears the pants in your family? (Nothing wrong with that, of course )
However, with all the bullish statements you've been making and how long you intended to hold on to CYDY, it would not surprise me if you brought your holdings back to the 7 figure mark again (if not higher, to allow a "cushion" for your wife in case she gets "frisky" again.)
I am not sure what the gentleman who lives in the male dominated Emirates would think about all this?
Its nice and important to discuss these various scenarios, with definitely a greater sense of reality than the same kinds of discussions one often hears when Megaball goes up to 1/2 billion dollars.
My "contribution" to this discussion would be, what to think about the long term projection of the price of the stock of the company that does the BO? Will Pro-140 contribute a significant amount of revenue to this company, thus driving its stock higher? Will this be of interest to us?
While the "10 bagger" term has been thrown around periodically, one cannot expect that kind of "leverage" looking forward to the price of the buying company. Does one start looking for another "disruptive" company, or stay with the buyer of CYDY since its possible that over the years Pro-140 might become the "magic bullet" to a whole assortment of different diseases?
Too soon?
Interesting information, 123, thanks for sharing, as I was not aware of the "activity" ratings.
Thanks JPG.
Early this morning he wrote:
"AlMaktoumGroup
$GILD Should buy out Cytodyn inc ($CYDY). I think $GILD will make a smart move soon. Pro 140 will be solid therapeutic for HIV infection Bullish"
https://stocktwits.com/AlMaktoumGroup
We are on the verge of passing the 10,000 post plateau! Will that earn us more recognition from institutions? Joe Shmo investors? Sheikh inspired investors? Anyone at all? How about with Shane accumulating one million shares? How many followers does Shane have?
Almost midnight; time to go to sleep (and wake up in June and check the CYDY price!)
Chumppunk said yesterday morning.
"The reds and the bids are shorts. I say by lunch its all green and possibly more news at the bell."
You were not off by much. Another 8-K issued this morning for another 1.5 million shares (@75 cents) plus warrants (oh, how we all love "warrants!") yielding around a million dollars.
Chump, any idea how much effect this relatively modest amount might have on diluting the price of the stock?
Again, Bud, thanks for the link.
As far as being the "real deal," the price of the stock does not as yet reflect that. There are a number of steps ahead of us that must be attained, without which this investment is going to go nowhere.
The general consensus on this Board is to remain patient and we will have our day in the sunshine!
Thank you Bud for the link to a company involved with the clinical trials.
From the link you gave, it led to the following as well.
http://www.cytodyn.com/drug-pipeline/Pro-140
Apparently they are in a position where they can hype the company and PRO-140.
"PRO 140 is one of the most advanced experimental monoclonal antibodies for HIV treatment and has been used in more than 140 HIV-infected subjects in placebo controlled and open label FDA-approved clinical trials. PRO 140 has been the subject of seven clinical trials, each demonstrating efficacy by significantly reducing or controlling HIV viral load in human test subjects. PRO 140 has been designated a “fast track” product candidate by the FDA. The PRO 140 antibody appears to be a powerful antiviral agent leading to potentially fewer side effects and less frequent dosing requirements as compared to daily drug therapies currently in use.
We believe that PRO 140 may have a number of potential roles in the treatment and prevention of HIV including:
Patients with single or multi-drug resistant viruses
Patients with difficulty adhering to daily drug regimens
Patients who poorly tolerate existing therapies
Patients with compromised organ function, i.e., HCV co-infection
Patients with complex concomitant medical requirements
Pre-exposure (PrEP) or post-exposure (PEP) prophylactic in high risk seronegative individuals
HIV remains a significant global health issue. With limited new drugs in development around the world, CytoDyn believes that monoclonal antibodies are poised to become the next class of anti-viral agents on the market for the treatment of HIV.
CytoDyn is focused on developing monoclonal antibodies for the treatment of HIV infection and disease and is excited to continue the clinical trial development of PRO 140 for HIV."
Grip it: Its not the news that can significantly move the stock. We still don't have any approvals. It can still be dead in the water if turned down by the FDA.
This will probably not matter when the market opens in 2 minutes, but right now I see (according to my E-Trade account) that in extended market trading, the last trade took place at 73.2 cents, which took place at 9:16am, 12 minutes ago, a gap up over the 71 cent closing on Friday. I like "up!" Could be an initial reaction to the news we received today. Nice way to start the day, plus always good to see support at this level keeping us above the "sixties."
I would like to see some follow thru on that, with the patient understanding that, at the end of the day, we usually close with the "traditional" down tick.
Hey Bucky, I am concerned that if there was a R/S wouldn't it just give the shorts a much greater opportunity to enjoy even greater profits from a higher price, much higher than 70 cents, to just short the hell out of it. Doesn't that concern you?
I appreciate your humor and sense of irony, newmike!
Does anyone on this Board truly know what is going on, besides what the company has posted, or is all this chatter strictly a reflection of the price of the stock?
I'd say that its a good thing the fate of CYDY does not rest on the success of this message board.
"Nader has a fiduciary responsibility to maximize shareholder value. He can't sell low to GILD, especially if other companies agree to pay more after an announcement."
From your mouth, Sip It, to "God's ear," I hope you're right. That's how it's supposed to happen!
I'm with you, Bucksherm. If there are big bucks to be had, and with pressure coming from Washington to keep a lid on prices, this can be "cutthroat"!
I just keep on having certain fears(maybe from personal history), that in the end, its always the shareholders who get hung out to dry!
Blue Horseshoe, for someone who does not often post here, after reading your post #6101, and this last one, you make every word contain much wisdom, pertaining to the company and the contributors of the Board. I think I'll go back and read some more now, thank you!
One aspect that could affect the BO price is how badly does a company want Cydy? What would be the effect on their bottom line if they did not purchase Cydy. Then add to that the factor (in my dreams, of course), if a competing company wanted it as well. Of course, I'm not the first here to talk about a bidding war, but to really determine what the true market value of a company is, you need a bidding war.
Of course it would be great if there was another company out there that decided, while they did not really want to buy CYDY, what they really wanted to do was to make GILD use up valuable cash resources to make the purchase so they would have less cash to spend in other competing market areas.
As the day to day price of the stock continues to trade in a very narrow range, our collective imaginations can sometimes get the best of us, like wondering if we have a winning lottery ticket and what we would do with the winnings. I, for one, would love to "fast forward" our lives to that day we are all waiting for. As things are now (for long term investors), there really isn't any reason to check the price of the stock more than once a week. The only thing to look forward to is interesting dialog on this site, with today's lead story that the Sheikh is leaving!