CryoPort Inc (CYRX)

[cryoshipper]

Hi David, I will chime on on this with a few comments. I know some people like to anticipate where CYRX is going based on charts and trending. Frankly, I dont understand that and never have. This stock is so thinly traded and driven largely by news (and prayers) that I cant imagine anyone being accurate using those methods. This stock is still largely a gamble. It has always been..

Interesting enough though..If you think back to 2,3 or 5 years ago, and you look at the stock prices pre-split, they were anywhere from .28c to $6. Obviously, post split, that is $2.80 - $60.00. In those days, CYRX literally had NOTHING to justify the stock prices what so ever. Today, however, more activity seems to be happening as of late. Now, obviously we STILL need sales. Sales, sales, sales! BUT, with every new day, were getting better odds on Vegas and things are looking up, not down. Regardless of all this great press we have been getting as of late, we still need solid sales growth.

Back to your question, I dont think anyone can anticipate where this stock is going...period. Too many things could happen that we never saw coming...GOOD and BAD. For example, signing a large CRO exclusively etc. If you need the write off, maybe you cut your losses and take it. If you dont have enough to worry about though, I would probably be more inclined to give it another year.