Cytodyn Inc (CYDY)

[Bored Lawyer]

Good post. In response to goldenisla's original question, which was, essentially, when to buy more shares, I thought I'd share my thoughts. I've been thinking about that question lately as well.

My last large (and ill-timed) purchase was in September 2019 at .44. That turned out to be ... not the best. I have been burned too many times with the logic "surely CYDY is about to turn the corner".

At this point, I have decided to conserve my resources and wait and see what the SP does when (and I do believe it's when, not if) both the BLA is in and the HIV deal is signed.

I am not convinced that the SP will move significantly even if BOTH of those events occur in the near term. For example, I could see the SP still sitting at $0.50, which is around my current average. If I'm wrong about that and the SP shoots much higher, all the better. I have enough exposure to do very well and be quite happy.

However, if the SP still sat at $0.50 or so after BLA and deal, then I would consider adding even more to my position at those prices, as I would believe that CYDY was finally de-risked from both a science standpoint (in combo HIV) and financial/execution standpoint (by virtue of the deal for distribution).

Just my two cents. It has been REALLY hard not to buy at these levels, but I could only "catch a falling knife" so many times ...

Good luck to you.