Replies to post #1244 on CryoPort Inc (CYRX)

[tigertrader]

Optimism is part and parcel of being an investor in a company, but in some cases can mask reality. Reality is, the market tells you what the price is, not the other way around, and the market tell me the price is 0.54.It also means being able to maintain an objective distance and not dogmatically stick to trades that might not be performing as planned. Fundies are great, but what's more important is how share price reacts to them.Your blind adherence as to what "should" happen and to what actually is happening is the problem. I could care less what the numbers are or what the news is, only the markets reaction to them. The market is always right, even if the numbers don't justify it. The dollar is strong because the funds are still liquidating their yen carry trade spreads, the bonds are up because there is a flight to quality to treasuries. Price action is all that matters, where the money is flowing to and why... cause and effect. Who cares what the retail trader is doing, he has little to no effect on the market; asset allocation and capital flow are determined by the funds...plain and simple. They drive the market , and, with the exception of a few contrarian funds, are always positioned the same way. Current markets are a prime example of this rule. The rally and selloff in commodities was not fundamentally based, it wasn't about supply and demand of the commodities themselves, in fact global demand for commodities was actually declining as commodity prices began to surge higher. But money flowed into commodities because funds perceived it as a hedge against inflation, and a dollar play. When the subprime, CDO, CDS crisis hit, and the domino effect of cross defaults resulted in massive losses, and subsequent fund redemption's, and margin calls , the funds all began puke their positions at the same time, and commodities sold off. When that occurs, what the market should be doing, doesn't stand a snowball chance in hell against, what it is doing. CME has fallen from a $715 high to a $155.00, and they're a veritable ATM machine...3.77 EPS 8.72% growth rate, and you think CYRX is going to remain unaffected by the broader market.Well you're probably right ... the funds don't own it, so they can't dump it, but they aren't going to buy it
in the near future either.