D, Before I depart for vacation, I know that you weren't directing your post to me, and I believe Bull or JC are very capable of responding if they wish. It's not about defending the company, it was about, can the company survive in these economic times which required raising capital. The fact that the company was capable of securing 8 million dollars, again, in a brutal credit environment, says a lot.
Maybe it was the companies story, maybe it was Larry Stambaugh, what-ever it was, the company and management succeeded, when companies with better fundamentals couldn't get through the front door. Unfortunately, the price paid, was an 85% haircut in the stock price in the short run.
If I was part of any of the investment groups, I would've shorted against my position and delivered the restricted shares at a later date, and played with limited risk holding onto the warrants. That's what we're witnessing today in my opinion. In the last 2-3 weeks over 1 million shares have traded hands, I wonder what the buyers are thinking.
So now that we have the money and can finally move forward, sales, sales, sales, should be the primary focus. I can't predict stock prices nor can I predict how the world economy, geo-political events and the financial markets going forward will influence CYRX stock price. I know one thing, companies that can expand rapidly, have a moat built around it offering an innovative solution to a long sought after problem, will eventually be rewarded.
Everyone, have a wonderful 3 day weekend!