Replies to post #178882 on Cytodyn Inc (CYDY)

[moneycrew]

"dumped" huh????

No one cares- zero shares were "dumped" of Cytodyn after the market closed.

[RTBhub]

It matters to all of us. The general consensus is that these are shares sold by Fife, the lender that is funding the company.

It is good and bad.....

As long as Fife can sell shares, that is good and increases the likelihood he will keep lending us money, which is good.

The terms of the loans, the selling pressure and the resulting dilution are bad.

But, the good outweighs the bad, because the lights are still on.

[daemon57]

Martgx - I really like your posts. Here's something about T-trades for OTC stock that may help answer your 'dumped' question:

"
In the OTC market, Form T trades are mostly the result of accumulated buys or sells handled on a not held basis by block desks, otherwise known as 'late prints.' They have nothing to do with short-selling. Large blocks of shares may not all be sold in a single day, so a broker or market maker would file a Form T for the remainder of shares listed at the average price that day's shares sold for as if they all had sold. If all the shares had sold in that one session, the transaction would have been recorded normally."

This to me it's a big holding seller(potentially Fife) -- trying to at least hit VWAP for the day as to not pop/dip the SP, over a period of the trading week.

On the flip side.. where there's a seller, there are buyers...
Ahh the ebb and flow of the OTC ..

GLTU/A.

[indyterp]

And CYDY Executives and Board Members are buying many of them. They might know something.

[bwolfy2002]

No. It’s a T-trade with no inherent good or bad attached. It’s cleaning up the record books of all the day’s action during and after market hours:

https://incrediblepennystocks.wordpress.com/2013/06/25/incredible-penny-stocks-what-is-a-form-t-trade/amp/