Replies to post #67790 on Cytodyn Inc (CYDY)

[OGREASEARCH]

I don't have enough information about whether the drug works for Cancer or HIV, I do know this will not end up being a big CV drug. I have heard about CYDY having the cure for everything for so many years now. They were right around the corner from a huge Goldman investment and the cure for Aids 4 years ago, I remember all the hype well. Goldman never came in and Cytodyn still doesn't have one FDA approval and has never created one single dollar of revenue from any drug or treatment they have originated. What they do have that they didn't 4 years ago is 450 million shares outstanding like they do now. Now you are betting that this company will be worth a multiple of 1.4 billion dollars. I'm going to be looking for a borrow tomorrow morning, I feel comfortable that they won't be one of the players
that capitalize on CV and the hype they have generated lately and the run up are almost entirely due to the perceived potential of a CV treatment.