Cytodyn Inc (CYDY)

[Scooter McCabe]

Why Did CYDY Run Back Up To 5.40?

CYDY is a favorite target of Citadel, Citron and other shorts. This same group picked Gamestop as a target of opportunity. However the battle over Gamestop has caused them to drive on us for extra cash to fight GME holders. So one of two things is happening.

First. They are letting CYDY rise again to short to reload for ladder attacks against GME. Expected so that will fall flat.

Second. They are getting so financially hurt they are becoming resource strapped and can't even go after their reliable plays.

Also other market developments. To show you how the GME fight ripples down into our neck of the woods.

1. Schawb, TD Ameritrade, Trade 212 have all restricted GME trades to bail out the shorting Hedge Funds.

2. CNBC called for a halt and then falsely claimed shorts have closed their positions.

3. The White House just announced that they are monitoring the GME fight. So everything will fall under a microscope after the trading war is over. That includes all the shorts. So if they parlayed plays from CYDY into GME that's going to generate some interest.

4. We have seen a number of attack articles from phantom research firms hit certain places. When the prices dipped you'll notice the ladder attacks on GME happened shortly after.

So CYDY is getting a respite for one reason or another from shorts. But it is by no means over in terms of what we will face. As long as Nader does all his paperwork right and gets us uplisted we can expect relief from the shorts.

Hold the line here.