Cytodyn Inc (CYDY)

[BlackDoggie]

My guess there is simplicity. They probably have a general agreement worked out with Paulson - terms that both sides have agreed to for some agreed upon amount that CYDY can keep going back to the well for. That would give CYDY flexibility and make them a little more nimble in capital markets than if they had to renegotiate everything every time they wanted to raise a month or two worth of cash. This would be very advantageous for a small company without many capital markets options.

Speculation to some degree, but I see that as a good thing. To me, it means they think that they're close, and are raising cash in the most simple, piecemeal way that they can. Paulson is willing to keep putting in cash at the same terms, meaning that even with dilution they still see the profit potential as solid.

Not looking forward to price movement today, but I'm holding the course. Mid-March with no BTD would be the time to make some decisions, in my opinion.