Cytodyn Inc (CYDY)

[Saltz]

If Nader keeps his word next week we will kick off with a Pre market Monday morning PR announcing our distribution partner.

After watching the last 30 minutes of trading yesterday it was clear the battle was on. It wasn’t the same pattern as the previous week where the SP was driven up at the close because buying wasn’t met with selling. This was different. There seems to be resistance right now, not huge ( as evidence with the luke warm volume at close) but just enough to neutralize a run.

On the peripheral there are some jittery longs that were taken out in the bear raid that are now pulling for a decrease in SP so they can get back in. They are pulling for the shorts that are hanging around trying to pick the last remains of meat off the bone. It’s a crap shoot for them to wait much longer.

In general I agree with Dolphin, the master TA man when he says the Bulls are currently in charge. It appears we are riding our new support level and news will send it running forward because of the accelerated concern over Covid— increased cases and still no viable treatment.

In the month of July we embark on major news. Distribution partner PR Monday, PDUFA date, Covid trial results, Mexico trial, and uplist are all on the docket.

The short group and negative nellies can attempt to spin this any way they desire but the facts are Leronlimab is the front runner in the Covid space right now. Who else is releasing blinded trial results in July for two trials — both moderate and severe? Nobody. The Mexico trial is also a fall back if the FDA is going to slow play us.

Game on folks.