Cytodyn Inc (CYDY)

[jimmy667]

Excellent post. Nader actually has a nuclear option to stop short sales and require all shares sold short to be covered. A unannounced surprise uplift to NASDAQ coupled with a material event announcement. As the stock trades under a temporary ticker CYDYD for a few days all shares short must be returned and naked shorts will have to pay any price to immediately cover.
Another likely scenario might be a large position taken by a well known biotech speciality fund like Baker Brothers.
Shorting CYDY at this juncture might be like playing catch with "wet" Dynamite. Swing trading from a long position to scalp along with the short side traders might leave the trader off the rocket ship when one of these pivotal events occurs.
I saw the short attacks as an opportunity to greatly add to my accumulation of shares. As another poster wisely said "soon it will not matter much what one's cost basis is but rather how many shares one has." I will continue to add shares in the $6s just as I did in the $3s by selling SP500 stocks. I predict sooner rather than later CYDY will take it's place among the S&P 500 and maybe even the QQQs.