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Settle down. Even now, the stock has tripled in 7 weeks. Today, there was a report from a known short seller that not only distorted many facts but also introduced lots of lies. Lots of good news this week including filing the basket request for solid cancer tumors, partnership in China and results for patient 4. Definite buying opportunity.
In general I think this is sound advice across the board. I’m not saying this specifically for this stock as I’m not familiar with it—but soo many people think that a market should do nothing but go straight up—and that’s not the case. A market that goes straight up with no peaks and valleys is set up to fall meteorically. If you truly believe in a company-you don’t let day to day price fluctuations freak you out. If those fluctuations freak you out—you’re probably not a true believer. It’s healthy for a market to have a few bad days sprinkled in—its no different than when we in Southern California have a minor earthquake. While it might not feel comfortable—its better that the earth releases a bit of energy instead of building it up for something catastrophic.
I can't even figure a way to buy this stock and someone figured a way out to sell it short?
Open a TD Ameritrade account, shoot the lock off your wallet, send some $$$ over and you can buy it. Probably sell it short there too but I haven't looked.
Much more skeptical than I am but certainly not close to the lies that the short seller put forth. I am buying more next week.
Ahhhhhh, now it makes more sense. Bet the people behind the short report were the very same who caused the spike in shares short in such a quick period of time. Scum bags. Seen this movie before.
Anytime a stock goes up so much, there will always be naysayers. I think it's healthy until they start lying and trying to manipulate the price. TBH, I relish the day when they have to cover. I AM LONG AND BUYING!!!!
I gleaned this info from a comment in the Yahoo conversations about CYDY so make with it what you will. The comment was made by a poster who apparently listened to the conference call, which I did not.
Hold up....
Depends on the terms of the deal, but you usually wind up with the buying company's stock. So, if GILD agreed to pay 2.00 per share for CYDY, you'd get whatever that calculates to in GILD shares unless you sell.
Pretty sure market has priced in his easy victory. The candidates on the other side suck and people think things are fine.
There is always the explanation that no matter who runs the country things work as they would have worked regardless.
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Certainly spiced up my hum-drum day. What a run into the green after the bloodbath this morning. I need a cigarette.
Good question. Xi must be ####ting bricks over those kind of numbers. It will spill over, but the markets are forward looking, so may look past this. We'll see.
It’s about 50% of my investment portfolio (non 401 and 529). But I’m just dipping my toes in, it’s a small portfolio and it all money I’m prepared to lose.
I’m at about 2% so, ya, it’s all good. Now once it runs up, CYDY could represent more like 10% of my net worth which I could live with.
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