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I don't think Nader will go out in cuffs, he is clobbering everyone over the head in broad daylight. He disclosed that he sold his shares. You can do anything you want if you give full disclosure. I do think he might get fined civilly for dumping his shares and not disclosing CYDY didn't really file a BLA. I wonder how long he can maintain the same energy level for? I'd say if he can successfully dump another 3 or 4 million shares into the market his work is done here
What happened to the BLA? No news on his May 11th filing? What is going on here?
Now everyone has the green light to sell, https://www.cytodyn.com/investors/sec-filings/all-sec-filings
Yeah, that makes zero sense. Nader announced that CYDY filed for a BLA when he actually didn't because it was incomplete. Rather than immediately informing the public of the error, Nader sold 4.8 million shares on the market and pocketed millions, same for Kelly. On Friday, he finally admitted it, in a pump and dump kinda way. He also said CYDY would be refiling the BLA on today, the 11th. Anyone suggesting that he has no obligation to actually announce whether he did the filing this time is very naive
This is bizarre, they said they were going to file the BLA today, May 11th. I don't get it, why would Nader announce such a firm date unless he was sure he would be able to perform? Is it really just a case of say anything one day with no worry about consequences? My guess is, if he got away with a false PR, then sold millions of shares while allowing the public to believe CYDY completed a BLA filing and got away with that, he feels invincible, what a great story this is on human nature
Is that when the SEC is going to charge Nader and CYDY with market manipulation?
Funny, Nader lies to pump up the share price, unloads millions of shares on the market along with Kelly doing the same, then gets exposed and its the shorts fault? It's a real interesting study on human behavior reading people rationalizing all the obvious and coming up with such a bizarre conclusion
Class action lawsuit being filed against CYDY. Nader falsely claimed on April 27th, 2020 that CYDY filed a BLA to the FDA. No more excuses, people here just thought the FDA overlooked putting that filing on their website. Just like the excuses for Nader pocketing millions on his stock sale, the reason the BLA filing wasn't on the FDA website is because he never actually filed it, despite claiming he did. He sold 4.8 million shares into the market while maintaing the illusion that there was a BLA filing waiting to be approved
Yes, he filed to sell 400,000 shares. Why else would he be in his lab coat pumping this thing? Writing pages of nonsense cant make him 1m in a few short months. Every insider who can sell will, they also have incentive to keep telling the world how great Leron is while selling. Which is exactly what is happening
The killer wasps too!
This memorandum is so far from groundbreaking. Leron will never be a blockbuster drug for Coronavirus, it's not possible. The Company claims Leron helps break up the cytokine storm, which
occurs in a tiny percentage of patients. There is a rush to develop a vaccine and there are many big Pharmas working on treating the more mild symptoms from Coronavirus so that people who do contract the virus won't get to the advanced stage. Im sure shareholders here, who seem very concerned about saving the world from Coronavirus will appreciate the fact that Leron is a huge longshot to get approved, it's nothing more than an inhibitor which already exists. Even if Leron does get approved to treat Coronavirus, they will be dealing with a declining market, and a virus that might only be here for one season. The reason for CYDY chasing a Corona cure is and was simple, so the publicity could prop up the price of the shares and insiders could benefit. That part is working well, Nader pocketed millions, Kelly pocketed millions, Patterson is waiting in line as well, he filed to sell more than 80 pct of his holdings
LOL, this is hilarious. These guys dumped 6m shares on the market, walked away with 15m between them and they have you guys justifying how good this was for shareholders. What can Nader do to convince you guys that this is only a stock play, what else can he do to you that he hasn't already done?
Nader personally crashed the shares over the last 3 days and pocketed millions, that is indisputable now. At the same time he told the public the stock was too cheap to sell at $3 a share, he sold at lower prices into the market. Somehow that became a nobel act? He encumbered every part of CYDY in a toxic convertible recently as well, but he still had the option of doing a Reg D at a slight discount to the market. If he did that, the entire proceeds would go into CYDY with no selling pressure in the open market
He will be required to file a form 4. This latest youtube is starting to insult even the most naive shareholders. He sold to pay obligations for the company?? This is such a ridiculous thing to say publicly. Rather than exercise free trading cheap options and pocket the difference he could have issued restricted shares at a small discount that wouldn't have come on the market. This story getting more silly by the day, don't walk away, run!!
The barrage of PR, news releases, the amount of time Nader spends promoting the stock is very impressive. They will announce news if one of their patients goes to the toilet 4 seconds quicker than normal. This is a show
Strange thing was, when I watched the interview at first it seemed as if something was off. You have to give Nader credit, he is one great promoter. Unfortunately for the sheep on this board they have all
unwillingly become unpaid promoters for him, not only that but they probably own way more shares than they should
Its up from 40c, the market absorbed 10s of millions of warrant exercise plus the company is way overvalued. It's actually performing quite well thanks to all of Naders promotional efforts
This is too much of a coincidence, this story stinks of a setup
Good news today. There are more small public companies working on treating patients who are suffering from Coronavirus effects. https://finance.yahoo.com/news/atossa-therapeutics-launches-covid-19-120010571.html I am sure the members of this board will share this news with all media and local and State governments. Very nice selfless people here
The smirk is what is really compelling. So, your theory is that someone at the FDA gave Nader information that LLimb would be approved by the FDA in advance of the approval. Because they
bypassed the system for Nader, he went out and ordered 1 million vials. Then he smirked!! Ok,
thats good enough for me. In your theory, did this pre approval come in writing or maybe he met the
FDA in person and they smirked too when he asked them? There were many posters on this board who
said Borris Johnson was given LLimb as well, in fact it was almost a sure thing.
So your suggestion is the FDA tipped off the company in advance of approval?
Good news, more potential treatment from another public company. Board members here have to be pleased, feel free to forward this news to the press and local and state Govt.
https://aikidopharma.com/
This list is in alphabetical order. More news today, more small public companies getting closer to a cure for Corona. I think this is the first day in the last 40 (not including weekends) that CYDY has not
put out a morning press release. Anyone know how much they have spent issuing PR?
Good news. Looks like there are many companies working on treating the people who are suffering from Coronavirus, feel free to share this information with whoever you want in the media or the govt.
https://finance.yahoo.com/m/93f8aa83-3e41-3edb-a1d9-ab044bfd886d/raleigh-drugmaker-39-s.html
Disagree, I think CYDY has done an incredible job at generating publicity. They have soaked this thing for all it's worth. They have driven so many buyers here they were able to exercise so many in the money options and absorb the shares into the market and not hurt the price. Say what you want about Nader, nobody can say he hasn't done a fantastic job promoting the story, it's his full time job
Its actually amazing, I live in a gated community and there are several doctors buying the stock. If that isn't a sell signal nothing is. Again, it would be impossible for this to be a blockbuster drug as it relates to the Conoravirus yet the stock is up 700 pct or whatever. There will be a one day, 75 pct drop one of these days. I put my money where my keyboard is, I was able to borrow some shares today and started a short position
It's actually amazing to me the stock can hold these prices for so long, I would have thought this would trade back down under 2 pretty quickly
These PRs are so ridiculous. What legit Company reports the progress on every patient with no clinical data. They are speculating daily that Leronlimab is the reason. Nader will continue to issue shares and sell into this market. This behavior enforces my belief that CYDY is a stock pump and lacks substance, real companies just don't act like this
I will, finally one piece of what might be helpful advice. Ty
You can't misspell a name you made up
Hope to short this towards the 3$ price and cover at 1.50 soon. I don't know what a fair price is, 1.50 still would seem very high
Im not bashing, I am sharing my opinion like everyone else is on this board. Also, sharing information that we can all use to make smarter investment choices. Just because I don't agree with the majority of this board doesn't entitle anyone to belittle me or disparage me. I think the stock is overpriced and I have stated why, it opens an intelligent discussion. If all you want to do is have posters constantly tell each other how great the company is, those people should create a private chat and just hype everyone in the chat all day, don't invite anyone who might have conflicting opinions
Who are the world class researchers he has? CYDY still has to resort to the same dilutive penny stock financing they always have. With all this press, with all the barrage of press releases this company puts out, they still don't have a real investment banker to back them. They don't have any of the big biotech funds fooled, they have no institutional holders of the shares. This stock has made a magnificent run over the past month, they have eaten through the continual issuance of new shares that have been issued to continue to fund the losses. Your sarcastic post suggests they have a world class team? Tell me who they are? Certainly not world class investors, right?
I don't have enough information about whether the drug works for Cancer or HIV, I do know this will not end up being a big CV drug. I have heard about CYDY having the cure for everything for so many years now. They were right around the corner from a huge Goldman investment and the cure for Aids 4 years ago, I remember all the hype well. Goldman never came in and Cytodyn still doesn't have one FDA approval and has never created one single dollar of revenue from any drug or treatment they have originated. What they do have that they didn't 4 years ago is 450 million shares outstanding like they do now. Now you are betting that this company will be worth a multiple of 1.4 billion dollars. I'm going to be looking for a borrow tomorrow morning, I feel comfortable that they won't be one of the players
that capitalize on CV and the hype they have generated lately and the run up are almost entirely due to the perceived potential of a CV treatment.
My post speaks for itself. Also Dr Nader was fined by the SEC and ended up settling by paying a small fine. In 2018 CYDY acquired this company https://www.cytodyn.com/newsroom/press-releases/detail/299/cytodyn-completes-acquisition-of-prostagene-and-names-dr
Now both Cytodyn and Nader are the subject of a lawsuit related to that acquisition for breach of
contract. Cytodyn has in the past, and still does pay for stock promotion from bad actors. The money coming in now is from the exercise of options at much lower prices. They have yet to attract a serious
investment banker, have zero analysts following, no institutional ownership reported. What they do
have is a great promotion here, not only is the company promoting, but they have a board full of
promoters on this site as well. I mean, what could go wrong here?
https://www.idsociety.org/globalassets/idsa/practice-guidelines/covid-19/treatment/idsa-covid-19-gl-tx-and-mgmt-4-11-20-1058-am-edt.pdf
These are the newly released guidelines, there are seven recommendations on how to treat Coronavirus
Maybe, but the huge price run up is due to the Corona hype. Their Corona market is limited, the stock price is way ahead of itself in my opinion
Yes, ARDS is one of the severe symptoms, leronlimab might help treat those complications, however their are no claims that leronlimab will cure Coronavirus. I don't understand the multi billion dollar
market cap here, the uses for leronlimab as it relates to Coronavirus seem to have limited upside
It's not a HIPPA issue, just as a course of normal everyday conversation it's strange, maybe I am reading into it too much. Yang is supposed to be leading a Lebron trial, it certainly wouldn't be a HIPPA violation if he had said "not only has it seemed to work on Mrs Mottet, several of the other patients in my trial have improved as well". I don't want to beat this to death but, if you are the Doc leading the trial, why would one speculate on the drug most likely being the reason Mottet improved when you should have several other experiences to figure in your speculation
It's just strange watching that interview, the Doctor who is leading the trial didn't have to speculate on the effectiveness of Leron unless this one lady was his only patient. It seems like he would have said, it also has been effective on 5 other patients I am treating. Either that or to say this is my only patient that has seen improvement. Whatever, it begs the question and seems odd