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Re: theswordman post# 172990

Sunday, 07/04/2021 6:28:42 PM

Sunday, July 04, 2021 6:28:42 PM

Post# of 233151
The 13D proxy action is to benefit new large investors who will buy shares in a secondary and will be allowed to short sell CYDY with a prior agreement to be allocated shares in the secondary offering possibly with warrants at a below market price. It happens very frequently in pre-revenue biotech and is legal to do. Easy pickings from retail, they will without a doubt legally rob current retail investors in this manner.
Your bear thesis opinions are water under the bridge at this point. The 13 D group poses a clear danger of current shareholders being legally robbed in a dilutive secondary stock offering.
Volume:
Day Range:
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Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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