IMO, GE has real potential to be the next shoe to drop. Either way, the SPX is headed to the 800 level, near term, and probably half of that, long term.
Sans any news, there isn't any reason to believe that CYRX will out perform the broader market, near term. The uptick in volume last week, was negligible, appeared as if someone was moving stock around.
You can speculate about the volume, all you want, as to whom and why, but all that matters is what. What happened is CYRX closed down 0.02 cents on the week...if anything it indicated distribution.
The daily and weekly charts are setting up for a continued move to the downside. At the $0.40 low, last week, CYRX was over extended, and the $0.10 rally to $0.50 was just what was needed to relieve the over sold condition. It will probably follow the broader market down to the 800 area, and bottom out the same time the broader market does.
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