Cytodyn Inc (CYDY)

[kevindenver]

Thanks for the lesson on warrants, unfortunately the price keeps dropping on all these great "news" stories.
Wonder what entities may still be driven to sell with such great news?

Oh, I know maybe it's those "wart" people doing cashless exercises at an established discount, say $.50 and selling for a quick profit? I mean why not, they've waited the rule 144 holding period of 6 months right? It's a "free" flip.

Unfortunately this education doesn't help matters, as it's stock selection that matters, and $CYDY is a financial disaster for common equity.

Some additional reference material for those interested.
https://www.equitymethods.com/articles/understanding-warrant-dilution/