Tiger, you are spot-on with your reply!
Without support of some more institutional investors, we stand little chance of a rebound to previous highs. I say some more as there were many institutional investors who participated in the recent captial raise:
Brio Capital LP
AQR Diversified Arbitrage Fund
CNH Diversified Opportunities Master Account, L.P.
AQR Opportunistic Premium Offshore Fund, L.P.
MOG Capital, LLC
Hudson Bay Master Fund Ltd.
Cranshire Capital LP
Iroquios Master Fund Ltd.
Blue Earth Fund LP
AQR Absolute Return Master Account,
Freestone Advantage Partners, LP
Octagon Capital Partners
PRU VA Diversified Arbitragh
I also agree that without some substantial news that includes sales projections from CryoPort before the end of the year, the stock will probably trade between 40-50 cents, if not lower. I really think this stock is on the radar for many fund managers who are waiting for proof that it can become a going concern. This Thursday's web conference should give us an indication of the company's direction. It's either going to be more BS from Larry or something of substance. Whatever happened to the "fedex launch" we were promised? Will this ever happen or will we get another excuse for the delay? I'm looking forward to the update!