Cytodyn Inc (CYDY): If there are 43 million shares held shor...

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Re: C-20 post# 206592

Wednesday, 03/30/2022 11:42:15 PM

Wednesday, March 30, 2022 11:42:15 PM

If there are 43 million shares held short there may be a floor some where. Those that are short will buy all that is being offered to sell to buy to cover to take the profits to free up cash for the next short or long idea. If the price stabilizes in the 0.30s it might trade sideways and recover somewhat throughout the day and. finish in the 0.40s. That might lead to a slow recovery over the next few weeks as the sellers are done and short sellers buy to cover to take take their profits and redeploy that capital elsewhere if it is perceived that no more bad news for a while.

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