Cytodyn Inc (CYDY)

[Hookmeistr]

For the record I'm 100% long. Having said that, to your point that flipping can negatively impact a drug that can save people's lives, I have to disagree. The drug either works or it doesn't. I believe it does and that's why I have money invested. The action of the daily ups and downs have zero effect on the drug that can people's lives. Only the drug can have that impact once it has some kind of approval.

If I see the price has reached a point where I think it looks like it might come back down in price, on ANY stock I'm interested in trading, I'm going to consider selling IF I think it will then turn back around somewhere lower and head back up based on fundamentals. (If someone is going to do this though they should understand the tax implications and how you sell shares, LIFO or FIFO, long term vs short term gains, etc.) So, let's say the price is $5.95 and seems to be hitting a peak, with volume slowing down and starting to show signs of technical weakness (not fundamental weakness). I think to myself...."Self, now might be a good time to take a thousand (you pick a # of shares that works for you) shares off the table and try to buy back at a lower price." I now have $5,950 free ready for a buy back.

Now, my question to you is, if the stock is going to do that anyway, and I decide to play along to pick up a few extra shares, HOW IN HADES does that negatively impact the drug that can save people's lives? Now, let's say that price does dip back to 4.95. I then say to myself, "Self, now might be a good time to jump back in at a dollar per share drop in price allowing me to now own an extra 202 shares. My repurchase now helps with buying pressure, albeit a small amount. Again I ask you, how did my 202 flip/gain in share count negatively impact our drug that can save people's lives?

I'm not against people holding their shares because flipping is not their thing. It's definitely not for everyone and that's perfectly fine. I do, however, have a problem with someone attempting to cast dispersions on those who wish to better their position by playing the market. Oh, and for the record, you have NEVER EVER EVER seen ONE SINGLE post of mine that is designed to create Fear Uncertainty or Doubt in order to push the price down for my own benefit. I believe in being ethical in my trading practices. I challenge you to find one single post on all of iHub that contradicts what I've just said with regard to me posting negative information to better my position in ANY STOCK. I'll save you the time, there aren't any. I'm not so sure everyone here can say the same thing.

Oh, btw, that extra 202 free shares, at $100 (minimum triple digit price) will be worth $20,200....again, for free. :)