stbugs said:
See my post a few up. I’m thinking the same thing. If it gets up to $5, I’d be back at a triple (bought most at $1, more at just under $3) and would have a nice chunk of change to invest if the dip continues. After watching it dip back under $3 a few days ago, that might be enough for me. Maybe sell 2/3 of what I have left and ride with 5k or so.
Moonlight said:
So was thinking which is always dangerous.
Recent upward movement of SP tied to upcoming meetings with UK and FDA and perhaps upcoming interim results for s/c.
The UK meeting NP is saying is tied in with going to market and manufacturing which sounds like approval is assumed. But NP was careful to say they did not have approval.
What if this is just NP spin and the UK meeting is actually a non-committal due diligence meeting that UK has with anyone who has filed for fast track approval?
I'm leery a bit more than usual due to the lack of information regarding NASDAQ progress and their financial source being charged with fraud and basically racketeering.
I do not want to get set up for another short attack if we do not receive good news very soon after the 8th and 9th meetings.
Did more thinking which is even more dangerous and decided to sell off my position in CYDY today for following reasons:
Didn't sit right with me regarding NP's remarks about the UK meeting being tied in with going to market and manufacturing. Just felt like puffery and being mislead. Noted that the PR didn't mention going to market etc.
Their main financing source is accused of SEC fraud and had a bad rep to begin with. Also very likely means that any future financing will have to come elsewhere and from who knows where. Iliad seemed to be a lender of last resort type.
The estrangement of BP from the company isn't a positive. He was a great spokesperson and the reason many invested in the company.
No hookup with OWS. Its just seems like a missed opportunity.
NASDAQ. Something negative going on here. There should be more positive information coming out about this getting done. Vague reasons about why not create doubt.
Just believe that the FDA and UK meetings are not going to bring anything substantive other than the need to do more trials and or finish them.
So decided to sell on the upswing. Got in the stock in the low 3s. Bought in three times.
Will monitor CYDY and this thread and may get back in sometime before the S/C results are out as that point is crucial.
Thanks to Chet and the other fellows here for making this an interesting and enjoyable place to be.