CryoPort Inc (CYRX)

[robertmaxwell]

I keep seeing the word "accumulation". Admittedly, I've not a clue what it means in this context other than it seems every person has their own take on its definition and/or significance.

If you're a retail investor who wants to try and read tape, I trust you'll find this helpful:

Understand the power of confirmation bias when it comes to your portfolio. Maybe instead of looking for confirmatory signals, look for the opposite. Try and understand why people who are either unloading their shares or on the side of the trade as you are doing so. This behavior will almost invariably makes you a better investor.

Ultimately, in your minds, you know the story; you know why you think the market should be pricing this thing at $10-15. If you're constantly looking for holes in your rationale, you'll find that you gain a much better understanding of the position, and thus will be more comfortable in it. Conversely, if you in fact do uncover a lapse in your understanding, you'll feel confident in adjusting your position accordingly.


Institutional flow has momentarily picked back up. There was some great PR on the name in an extremely-high-dollar publication at the beginning of January. I'm still a bull, but there are obvious kinks that need to be thoroughly ironed before the company has any chance to meaningfully grow.

Best of luck to you all. And remember, don't read too much into the action. Take pride in being able to discern the signals from the noise.