Cytodyn Inc (CYDY)

[DonDonDonDon]

I don’t think the share price was at $10 long enough for most to sell but I was able to keep my core under $1 average and take advantage of this roller coaster ride and bank some on multiple occasions

I owned CYDY on June 30th. There was plenty of time to sell. But it is hard to sell a stock when it is rising a dollar per day. And I never imagined that it could fall from about $9.50 to $4.86 in 16 minutes. I was thinking at the time that it could dip a dollar or maybe two dollars.

The investors who have made the most on CYDY are the ones buying on the dips and selling on the peaks. There have been so much ebb and flow. A rise or fall of 10%+ has probably happened 50 times. Right now the ceiling is $4.00 and the floor is $2.00. But CYDY is headed downward to $2.00 right now. Actually, with no real positive catalysts in the foreseeable future, CYDY could return to pre-Covid levels between $1.00 and $1.50.