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CYDY has a miracle drug. Management can't get anything across the finish line and in fact, has made many serious errors to actually harm the chances of approval.
Wake up longs--we deserve better management.
I am sure you're correct but the most casual observer can tell that Nader comes off like a carnival barker and/or used car salesman. Kelly doesn't understand the science and that's obvious from his reading from a script on every conference call. Getting them out is not a ploy by BP--it's a plea from long shareholders who have seen enough over the years to know that they aren't qualified.
I don't doubt that they both desperately want to be involved but unfortunately, that's not enough at this juncture. Both passion and competence are required.
Nope--just a private investor who wants to see the drug come to market. However, I realize CYDY's management is woefully incompetent and in the words of Kelly, "No one is bigger than the drug." Both Nader and Kelly need to heed those words and make way for competent replacements. If they won't, the Board needs to take charge instead of taking orders from Nader.
The sooner other shareholders realize the same, the sooner we will all profit in the way we all deserve. I realize longs may be uncomfortable coming to terms with management's incompetence but you must realize a change is the best way to accomplish the drug's potential.
Because HGEN's management is actually qualified to run a pharmaceutical company, and they're professional--Nader and Kelly don't have the experience, expertise or professionalism to run a pharmaceutical company. GET THEM OUT!!!
Fauci mentioned their drug in House testimony yesterday. Bottom of page 7. HGEN's drug is getting approved.
https://docs.house.gov/meetings/VC/VC00/20210415/111426/HHRG-117-VC00-Wstate-FauciMDA-20210415.pdf
Love it!
Yes, I am long and love the drug. Don't quite have 7-figures of shares anymore but will get back there if and when Nader says something stupid and tanks the stock.
Have you listened to any of their conference calls? HGEN's management team is professional unlike Nader with his wild predictions of a3-digit stock price as well as his inability to describe why the BLA is delayed. HGEN is a company that is moving the ball forward effectively and is in sharp contrast to CYDY's management team. Nader and Kelly are clowns and if they had any common sense, they'd realize how much they are in over their heads and move aside for people who actually know what they're doing.
Scott Kelly has no idea what he's talking about. He's a sports doctor with no professional experience in oncology or immunology. CYDY needs to get experienced management because it's painfully obvious that Nader and Kelly are completely inept and unable to showcase the drug's capabilities. This is hurting shareholders in a major way and the independent board members are guilty of ignoring their fiduciary duty to shareholders.
I agree but I will take it a step farther. Stocks been going down so Nader issues a PR 2 minutes before the opening with very little meat.
Tell them what you're going to do.
Do it.
Tell them what you did.
Exactly. CYDY needs to generate revenue from somewhere or they are in trouble. Revenue is hard to come by when you have a completely incompetent and inept management team. Such a shame because the drug works so well. It's disgusting to think of how many people have died because of Nader and Kelly. With a competent management team, LL would have received an approval months ago and would be saving an enormous number of lives.
Well we’d better hope they have four doses lined up for the former president. Otherwise, Nader may squander this opportunity like he has all of the others and shareholders will be once again twisting in the wind waiting for any kind of approval.
SK and the big cancer conference? He'd better hope they don't pepper him with questions. He's a sports doctor with very limited oncology knowledge. How can he justify his presence at this conference with a straight face? What should be a wonderful opportunity to showcase the drug now has disaster potential because Nader and Kelly have no one in the company who truly understands how the drug works. How many people have to die before these two clowns realize they are completely incapable of doing their jobs or getting LL approved.
I agree that if BP owned the drug it would be approved, but the problem is Nader is a clown and can't get it approved. He is a liar and can't be trusted. The drug works wonders though.
The BOD is being negligent by continuing to keep Nader as CEO. It is so painfully obvious that Nader is unqualified to lead this company. The BOD is responsible for hiring the appropriate CEO and yet it seems to me that the opposite is true--the BOD seems to work for Nader.
On yesterday's call, Nader referred to how many lives LL has saved in the COVID battle but think about how many people have died because Nader has been unable to secure any kind of approval. Nader has proven his incompetence many times. He has also shown himself to be more worried about enriching himself at the expense of shareholders.
It is time for the BOD to uphold its fiduciary duty to protect shareholder value and replace Nader. If they won't, they need to be sued personally for negligence and replaced.
NP said on today's call that the FDA is requiring an additional trial. Therefore, there is no US EUA.
Media won't touch this with a 10-foot pole because of Nader's reputation for lying. It's a real shame because I firmly they would have an approval if it weren't for Nader and to a lesser extent, Kelly. If Nader weren't a narcissistic egomaniac, he'd realize he's holding this company back and he'd bring in someone else to run it. Someone who knows how to get a drug approved.
If Kelly had half a brain, he'd realize he's not remotely close to being qualified to be the CMO. He's supposed to present the drug and the MOA to a group of oncologists at the end of the month. He'd better hope there aren't any questions because his lack of knowledge will be unveiled immediately if one layer is peeled off of the onion. This is a great opportunity to showcase the drug and kelly and Nader are going to bumble it into a fumble.
That would be great if Nader hadn't wrecked the relationship with his egomaniacal narcissistic personality disorder. No one in CYDY truly understands how the drug works or Dr. Patterson's MOA for COVID and cancer.
I read that Kelly is going to present the drug and MOA for TNBC to a group of oncologists at the end of April. He'd better hope there aren't any questions and they allow him to use his script. This is a fantastic opportunity to showcase the drug and its abilities to a group of influential physicians and the best that CYDY can trot out is a sports doctor who reads from a script. Instead of being a great opportunity, this has disaster potential.
Unfortunately, we have two clowns leading the company. Nader and Kelly have no idea what they're doing and are costing shareholders dearly. They need to move aside and let some execs with industry experience take over.
Because the insiders have become accustomed to free shares doled out by Nader. By the way, Nader's total compensation package in 2020 was $9.9MM!?!?!? Can you believe that? How can the board pay that much to a guy who actually deserves to be fired? $9.9MM for a company that has no revenue, is hemorrhaging money and is essentially borrowing from a loan shark.
They are very lucky that LL is a wonder drug otherwise this company would have been belly up a long time ago.
#firenader #firekelly
Biff Tarlington's response to Adam Feuerstein's latest article:
Another article full of lies and distortion from Adam Fraudstein–a friend of known CytoDyn short-seller Joseph Siegel of Buyerstrike. How much is he paying you to bash CytoDyn, Adam? You call yourself a reporter but you’re really only out to enrich yourself at the expense of a company with a drug that works for COVID. You are a garbage human being who will rot in hell for your lies and deceit. You are actively contributing to the world’s COVID misery and also to the world’s death toll. What is wrong with you?
If NP hasn't applied for conditional EUA, he should be fired immediately. Don't get me wrong, he should be fired in any event. I don't know how any shareholders can continue to have confidence in this clown. He is not the right person to take this company to the next level and the BOD is hurting shareholders immensely by keeping him in that job.
From Reddit:
This is a bullish case but I believe the FDA encouraged CYDY to file a conditional EUA application to alleviate the FDA of an ethical dilemma. If the FDA insists that CYDY conducts CD16, the FDA will also be forced to end the OLE and eIND approvals otherwise no one would sign up for the trial and risk getting placebo. This puts the FDA in an ethical bind because they have data to indicate the drug works for critical patients. A conditional EUA approval, on the other hand, allows anyone who wants LL to receive it and it also gives the FDA the opportunity to monitor the progress of the EUA patients and react accordingly. It appears to be an elegant solution for the FDA which otherwise might find itself in a tricky situation.
Great post. Both Nader and Kelly need to be fired.
Great opportunity to ask about LL. Make it happen.
If the BOD is fulfilling their fiduciary duty to shareholders, they have to be looking to replace NP. He has a wonder drug but is incapable of showcasing its ability to the world. The BOD has to recognize that and find a replacement who can demonstrate leronlimab's capabilities. Shareholders are being materially harmed by NP's bumblings and if the BOD doesn't replace NP, I would like to see a lawsuit against the BOD.
NP probably hasn't applied for EUA for CD12 yet--that would require an 8k filing.
Don't blame the FDA for not approving because they can't approve something with no application. Blame NP for being incompetent and not being able to design a trial to showcase the capabilities of a wonder drug.
Nader needs to go.
He has put the company in a precarious position and he lacks in the the skills necessary to succeed in his position. He makes the same mistakes constantly and doesn't reach out for help in areas where his knowledge is deficient.
With competent management, CYDY would likely have an EUA right now. No one in the industry or the FDA trusts Nader; in fact they think he's a clown and smirk when you bring up his name. We deserve to have a competent CEO who has the skillset to bring home an approval for COVID. Right now we have a bumbling fool who can't get out of his own way. LL may still get an approval but it will be in spite of Nader and not because of him.
The BOD needs to do their fiduciary duty and protect the interests of the shareholders. No longer will we allow Nader to line his and the board's pockets with shares. The board needs to do what's best for the company and replace Nader.
Nader is the 3rd highest paid executive in Oregon--behind the Nike Chairman and CEO. Think about that--a buffoon who has never generated a dollar of revenue for the company is third highest paid executive in Oregon. That's wrong and shouldn't be allowed to happen. The BOD needs to act to repair this egregious situation. Because his office is across the river from Portland, they included him in this study.
FIRE NADER AND GET A COMPETENT REPLACEMENT!
This is my one and only post for the day so I will make it count.
NP is incompetent and needs to be replaced. He has a wonder drug but can't bring it to the finish line. I think his biggest issues are arrogance, stubbornness and narcisism. He has managed to burn the bridge with Dr. Patterson who understands how the drug works better than anyone in the world. Dr. Patterson also brought a level of credibility to this company that is presently non-existent. Kelly has no idea of the science here (completely evidenced by his reading from scripts on conference calls) but why would he? He trained as a sports doctor and this time last year was running an orthopedic practice. So you have two clowns trying to convince the FDA that the drug works but neither understands the science enough to be credible. Imagine how much father ahead CYDY would be if Dr. Patterson were leading those discussions.
The drug works but NP botched the trial. He needs to go. Kelly too. Did anyone notice how his quote in yesterday's PR copied Dr. Patterson's title for his paper?
Link to interview please. Thx
This is true. CCR5 inhibitors will work on mutations of the virus.
Great post which encapsulates much of my thinking. With HGEN's management, CYDY would have an approval and the stock would be multiples higher. NP severed the relationship with Dr. Patterson and left the job of speaking to the FDA to himself and a sports doctor, Scott Kelly. The BOD should have fired NP immediately for just that reason but of course, he's made plenty of other huge mistakes as well. I think NP runs the BOD instead of the other way around. They need to keep him inline and take away responsibility as he makes mistakes that hurt the company.
Any update? Interested in hearing.
Hear, hear. NP is an incompetent boob who has no idea how the science works and he burned the bridge with Dr. P who understands the science better than anyone at CYDY or the world. How idiotic is that?
About 3 years ago, CYDY purchased Pestell's company for about 31MM shares (IIRC). Less than a year later, Pestell was fired for cause because he misrepresented his cancer claims and NP didn't do proper DD. He was dumping stock as fast as he could around $0.30. He also filed a wrongful dismissal lawsuit that was dismissed (I think). Pestell is no friend of CYDY.
I looked at STATnews and his twitter but didn't see anything. Where did he post this?
No one involved has any respect for Nader. In a private conversation with a senior manager of a similar company, the manager snickered when asked about CyDY. Nader comes off like a used car salesman. Kelly reading from a script shows he doesn’t understand the science but that’s easy to see why: he was a sports doctor 8 months ago. No one at the company understands how the drug works. And it does work. Spectacularly!!!
This is a very good and insightful post and encompasses my thinking about management for the most part. However, I am not yet convinced about Dr. Rachman’s abilities.
What did super scumbag Adam Feuerstein do to interfere with the CYDY trial? I don't think I've heard that before.
The breakthrough is thanks to Dr. Bruce Patterson.