Replies to post #9521 on CryoPort Inc (CYRX)

[stockwatchman101]

Omg... One would think after the type of positive news we have seen lately that someone would want to buy into this stock...

Then again, it's sure been a long road...

Jerry and team have done an unbelievable job!

[coldasice]

Mike, I know you addressed your post to SW, If I May.

Unless the company delivers an unexpected SIGNIFICANT liquidity driven news event, or perhaps the closure of the preferred, it could be a tough go.

I have educated myself a bit on the mechanisms of penny stock trading. By no means am I expert. But, have a little knowledge to post my thoughts. Penny stocks have a great deal going against them. The lack of liquidity/institutional support for one. And without such a foundation, stocks very rarely do well, even though the company attached to that stock is. Market cap size is another detriment, as well as the connotations associated with the over counter exchange.
I would suspect MOST of the trading in CYRX is driven by market makers at this juncture, trading their own books. If you study the market makers currently trading CYRX, you will notice PUMA, CSTI(trouble maker) and NITE. All 3 are considered part of the rat pack. You can Google penny stocks, rat pack, market makers and read up for yourself.
As long as liquidity remains dry, it is what it is.


That being stated. I've seen penny stocks drive north on huge volume, making a lot of individuals along the way rich. Not me, LOL! And the common theme, liquidity driven. I'm talking 1/2 weeks. If CryoPort delivers a liquidity driven event, .50 should be nothing. $1.50/$2.00 would be more like it my opinion. The other possibility, and CYRX has a good, good chance, trading up to the Nasdaq. Then it would be game on. I wholeheartedly believe someday, be it tomorrow or next year, there will be a liquidity driven moment that will drive CryoPort's stock strongly north.