Cytodyn Inc (CYDY)

[Scooter McCabe]

I'm thinking this moves down to 1.50 over the next 3 weeks. Look we have zero from the Philippines on things that actually matter. Yes one of their elite got the drug, it wouldn't surprise me they used it just for him but will still wait for a senior regulatory agency to approve the drug first.

People forget how corrupt the Philippines are. Their celebrities are literally the children of those in power. It's not a country known for doing the right thing or handling humanitarian crisis well.

Then there is Canada which has pretty much killed this drug by their silence. It's been over a month and they aren't dragging feet. If the study had been stellar we would have heard back by now. Well the study isn't so there is no need.

Of course there is always the fact that Nader could have submitted the initial paperwork to Canada but has yet to submit the actual study results and is playing for time. Its Nader. He is the perfect blend of dishonesty, incompetence, and egotism.

Now you have a campaign on Reddit harassing members of Congress now that the Reddit smooth brain crowd figured out you can't harass the FDA. First I am pretty sure members of Congress are already lined up around their biotechs that donate to them. Second they have zero to do with drug approval. I see this as a desperation indicator. I take it as a sign of investors lacking confidence.

As more doors shut to the company I expect to see people hoping out who can still take profits. Either they will just move on or look for a re-entry point to buy back in.

But the share price is going to drop more long before it goes back up any time soon.