Cytodyn Inc (CYDY)

[Blue Man]

Some shorts attempt make their money back or cut losses by shorting into the rise in PPS thinking that where they short at a higher price, it will drop from there so they can cover. Kind of like when I saw KODK shoot up when Robin Hood buyers drove the price too high. I took some Put options thinking the PPS rose more than it could sustain. I bet correctly on that one. That is what a short can do is start shorting on a rise that is too much, in their mind, hoping to cover at lower price again. With Volkswagen, ha, that did not work on the first day of the rise there. After the second day, they could have shorted and be good on that short hoping they made enough to cover the cost of the previous short that lost. We won't have the Robin Hooder's helping the PPS go parabolic since they cannot trade CYDY. But who knows if there will be new buyers to take shares from the shorts and MM's who are short. I like extra butter on my popcorn.