Cytodyn Inc (CYDY)

[uponabluff]

From another board, thought it was interesting.


I initially bought CYDY @2.25. Bought again @2.7, 3, 3.3,3.5, 5.
It hit 9 and instead of selling I bought more.
Against my better judgment I put a stop loss at 6.5 and when we got shorted I lost a huge chunk of my profits within 20 minutes.
But I bought again at 3, 4, 4.5, 4.9 and now have even more shares than I did originally.
You know why? Because the science behind this drug is sound. I’m a doctor who takes care of Covid patients everyday. The complete lack of available treatments during this pandemic is what caused me to research leronlimab in the first place. And after looking at this drug and all of the competitors, I remain very confident that Cytodyn has something with great potential.

Current therapies have serious limitations. HQ does nothing. Steroids quiet some of the inflammation but at very high risk of infection and other complications. We use Remdesevir in my hospital daily. It’s contraindicated when patients have renal or liver issues which many Covid patients have. Furthermore, I really haven’t seen a huge clinical difference in outcomes, and we’ve treated a few hundred patients with it in my hospital.

Lastly the competition doesn’t seem to hit all of the targets as well as leronlimab. We have some respected scientific minds including BP and Dr Lalezari that have steadfastly maintained that there is nothing out there currently, or in trials, that has as much potential as leronlimab.

And beyond of all of this, the drug perhaps has even greater potential with HIV, cancer, NASH, etc.

I will continue to hold this stock and I think patience will be rewarded sooner rather than later. Good luck to all of you that do the same.