CryoPort Inc (CYRX)

[COLD]

I think it was my brother who was cold as ice. We were both heavily invested in this during the dark years. At one point I was probably down about 50k that was invested in private placements. I had at least 50,000 warrants expire worthless but somehow I had about 4600 warrants with a strike price of $3.57 that I exercised. So after years of pain the worm turned but it was not without many sleepless nights. This board used to be really active and now, ironically, it's dead and the stock is exploding. I plan on holding for at least 5 years. I think one reason for the current uptrend has to do with the cold storage companies that CYRX purchased with a huge investment from Blackstone. I believe CYRX currently has 26 COVID vaccines or therapies in their mix. A lot of these, including Pfizer's vaccine (I don't know if they are working with Pfizer) need to be transported and stored at very cold (- 70-90C). This is a big problem because most hospitals do not have the cold storage containers and dealing with dry ice is a big problem. Not only that - think of the logistics nightmare transporting the vaccines that survive for only 5 days. CYRX has spent years and millions of dollars developing a very sophisticated transport and logistics system world wide to deal with this. I'm pleasantly surprised at the huge rise in the stock price. Last time I checked 20% of the stock was shorted so maybe it's a short squeeze. The RSI is off the chart so I think the stock will come back down but it does it's probably a good time to buy.

Best
COLD