Cytodyn Inc (CYDY)

[Hookmeistr]

Although there may be some weak hands selling, I would offer an alternative viewpoint. After watching the Time & Sales pretty closely along with another friend (Tradinplaces), my friend began to point out that there were a very large number of trades that went through with very large block sizes being sold. This isn't what you typically see when people are selling off.

I would offer that those large blocks that drove the price down were air shares being sold to those wanting to buy at lower prices and not folks selling their shares. In other words, the market makers were selling shares they don't own to people wanting to buy, not folks selling shares in their inventory.

Having said that, yes, there's no doubt that some also sold on the way down for one of at least 2 reasons. Those reasons were most likely either an attempt to flip or take some profit off the table. If their reason was to take some profit off the table it was either in fear of losing more than they felt comfortable losing or they were simply being prudent and locking in some profits. I don't think there were many selling because their perception of the press release was negative. There was absolutely zero in that PR that could be legitimately construed as negative.

What we saw was nothing more than a classic bear raid. Today may not be the last day of the raid so don't be surprised if we see more in the next day or two, or until results re: the efficacy finally get released. Once we have absolute proof of BOTH safety and efficacy, we should see more stable price action. Don't think though that there won't be more bear raids at higher prices because we will.

The market makers have been doing this a long time and know how to play the game. They will make money no matter what, even while they're losing money, they will be making plenty more. CYDY isn't their only arena to take money from the unsuspecting and uneducated. Do they feel pain? Sure, but it is usually short lived unless they experience a MOASS (mother of all short squeezes) and even then, they recover and continue business as normal.

What long investors should remember is that the professionals know what they're doing, even when they make some bad calls. All we can do is learn how that game is played in order to minimize our losses and maximize our gains. Keep emotions out of your decisions if you want to make wise decisions.

These are my opinions and nothing more. I'm sure wiser and more experienced traders can better speak to this topic.