Cytodyn Inc (CYDY)

[kevindenver]

$0.30 appears to be the most recent toxic exercise prices.

Page 126, Note 11

https://www.sec.gov/ix?doc=/Archives/edgar/data/1175680/000155837021009730/cydy-20210531x10k.htm

Maybe it was in the convertible preferred shares that had the $0.25 conversion?

$CYDY has multiple threats to the value of the common stock in the capital structure.

This can be witnessed by the depressed common share price and probably sub $1.00 soon.

My T/A take is:

$CYDY has been in a steady downtrend from $6 to $1.06 since Feb 2021. There was a recent short term rally Sept. to Oct. from $1.30 to $2.50 which faded to today's price of $1.06.

$CYDY is the definition of a stock in a downtrend.

The first sign of a possible trend change will be for the price to break $1.09, the 20 day SMA and then the 50 day SMA at $1.22. Until that can happen $CYDY is in a DOWNTREND.

The support level is $1.00, if $CYDY breaks down through that level the next support is $0.80

The technical analysis for $CYDY is AVOID.

If the science of CCR5 and leronlimab can truly change the situation ... well let's see it.