Home > Boards > US OTC > Biotechs > Cytodyn Inc. (CYDY)

Lots of people are coming forward with lots

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studhoss   Monday, 06/22/20 06:50:40 PM
Re: d0lphint0m post# 86364
Post # of 118350 
Lots of people are coming forward with lots of technical theories about exactly why the CYDY share price is jumping up in the last two days. To me, the reason for the jumps seems fairly straightforward. Word is probably getting out in the medical community that leronlimab is something of a miracle drug. Doctors and other medical personnel are probably buying CytoDyn as they watch the spectacular results unfold in front of their eyes in real time. On top of that, word appears to be getting out among the general population, with more and more written articles and videos touting the efficacy of the drug. And I can think of no reason for this process to slow. More and more people, medical and lay, are going to get word of this and think to themselves "I wonder what company makes leronlimab...?"

You can talk about "resistance," MACD, 50-day moving averages, money flow, etc, etc, etc, until we are all blue in the face. But unless something happens to either 1) show the drug not to be effective, or 2) screw up the business/manufacturing/distribution aspect of the thing, it appears obvious to me that we are looking at a perfect storm unicorn.



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