Cytodyn Inc (CYDY)

[that_little_voice]

Do people understand the majority of short volume is coming from Fife? It spells it out in the S-3.

In connection with the sale of our common shares or interests therein, the selling stockholders may enter into hedging transactions with broker-dealers or other financial institutions, which may in turn engage in short sales of our shares in the course of hedging the positions they assume. The selling stockholders may also sell shares of our common stock short and deliver these securities to close out their short positions, or loan or pledge the common stock to broker-dealers that in turn may sell these securities. The selling stockholders may also enter into option or other transactions with broker-dealers or other financial institutions or the creation of one or more derivative securities which require the delivery to such broker-dealer or other financial institution of shares offered by this prospectus, which shares such broker-dealer or other financial institution may resell pursuant to this prospectus (as supplemented or amended to reflect such transaction).


They short the stock and then when the company issues them their monthly stipend, they close it out with the same shares.

Remember, this is the deal Nader/Kelly agreed to and also brag about how great of a job they did.