Not sure that’s exactly factual About CytoDyn. Their market cap has doubled to 1 billion in two weeks time. It hasn’t been maintained. It got there based on a steady stream of great news.
It got there from Positive results on treating 10 Covid19 patients including getting dying patients off respirators and a rush of news with FDA fast track approvals for phase2/3 for severely ill Covid patients and phase 2 for moderately ill Covid patients coupled with positive trial news in HIV and Cancer.
The drop today was just a pullback. The stock went from $1 to $3.50 in 3 days. A pullback to 2.35 was expected. Tomorrow will be back above 3.
I’m An investor in CYDY and also IPIX.
I’m hoping IPIX can get the kind of publicity CYDY has gotten over the last few weeks with positive results
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