Yeah, there ain't no point in beating a dead horse, but then again, there ain't no harm in it either. We've had this discussion ad nauseum in the past, and this board's pathological aversion to the realities of the market are well documented. So, to avoid re-opening old wounds, I will offer the single most plausible reason why the stock continues to not trade higher. Relevant information is not getting to the right people!
Prices do not change, with or without persistence (as measured on the scale of time on which one is observing), due to news or new information, in of itself. Prices change due to imbalanced anxieties of buyers and sellers driven by their anticipations. Now, it may be fair to say that the latest bit of information causes imbalances in anxieties, and consequently, the whole puzzle is about anticipations, about speculations, about a surmise of the next moment, next minute, next hour, next day, next decade...so on and so forth.
In any case, this new information takes time to disseminate among market participants. And, during this period of dissemination and acceptance of a new perception, prices may or may not trend higher. If you are the first person to acquire and understand this new information, you are said to have a variant perception. If you are the second or third person to realize that there is new information, you are called a trend follower. And if you instinctively fade this perception as it disseminates through the market, you are either called a contrarian, or tigertrader.
A stock’s fundamentals and it's past history are identical for all observers. Yet, the stock and it’s future are perceived uniquely by each. The debate will always continue, since no two minds are same. Some will be correct and others incorrect, but these are inevitably post-trade assessments, which means companies have the opportunity to adopt an industrial-approach to investor growth.
Every buyer does not matter in this equation - the .majority of unique changes in a company’s stock price results from the net purchases of the stock by a limited number of investors who trade in large quantities. Both, current and potential investors can significantly influence the share prices of most companies. So, the stock's company should be aware of who is moving their shares as investors come and go over time, and assess who has the potential to move its stock price in the future.
Because, CYRX is on the OTCBB, the odds are buyers are not going to be active stock-portfolio managers, nor managers of mutual, pension, or hedge funds. Some of the movers of SP could be among the company’s largest current shareholders. Some may be smaller holders who want to increase their ownership. And, some could be potential large players who do not yet own any of the company's stock but could purchase it in large quantities. Cryoport should actively seek investors who have speculated on companies that were in a similar space as Cryoport, or a similar stage of commercialization as Cryoport. Potential movers of the stock could be investors who have bought shares in Cryoport’s upstream or downstream partners and want to invest more broadly in the value chain. And some potential buyers may have an inclination for speculating in companies with the same business model as Cryoport.
Companies cannot look at the market as a monolithic entity that is judging a company's performance in an adversarial way. Instead, they must take both a broad and a granular view of the market. The buyers that will bring a higher valuation to the company's stock come from multiple sources, and they must be identified and courted. Cryoport must take a more structured and rigorous approach to marketing their stock to investors.
or investors might just follow Will Rogers' advice...
"Don't gamble; take all your savings and buy some good stock and hold it till it goes up, then sell it.
If it don't go up, don't buy it."
