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Stock Thread (19 Viewers)
- Thread starter St. Louis Bob
- Start date
Haven’t sold a single share but I don’t have You money so being up as much as I am makes a buyout OK for me. I do agree that I would love even more, but I’m nervous because right now it is real money. Staying the course.
My wife is really having some luck with penny stonks herself (IDEX for example) from things she reads on the internet. And she risks more than me
beef
Footballguy
I'm completely out of DKNG and BETZ right now. When you can't even organize a tennis charity event without spreading Covid, I just don't have a lot of confidence that sports is close to figuring this out.
Bob Sacamano
Footballguy
European soccer leagues seem to be working well, I'm guessing these sites don't have that?
beef
Footballguy
Good to know. Maybe I'm just too detached from some of those leagues. BETZ should. They're pretty heavy in European companies. I fully expect to get back in DKNG and/or BETZ again, just not feeling it yet.
sporthenry
Footballguy
They have soccer but I think that is a fairly saturated market since you can gamble on it in Europe and the following in the US is still paltry compared to the Big 3/4. I'm sure some degenerates are all over it just like they've been betting on Korean Baseball but imagine they've had illegal bookies. The thing again that I can't get over. As someone who spends time in MA and NY, who would through a few bucks on a game, I can't even do it. Unless I take the PATH train to NJ and sit in Hoboken to make my picks, which doesn't sound fun.
chet
Footballguy
Before the move we've seen in the last week, the stock had been in a holding pattern since early April. But the company had accomplished a lot in that time--fully enrolling one study and getting ready to submit interim data on the other. A COVID approval would be enormous and I think people are just starting to realize that CYDY is ahead of everyone else. Add short covering, institutional buying and possible uplisting and you've got a perfect storm . I just really hope that it's not big pharma establishing a position in advance of a buyout offer.
fantasycurse42
Footballguy Jr.
I receive the live price in my watchlist on Interactive Brokers, but the chart is delayed 15 minutes.
I also cannot buy in Interactive Brokers where a good portion of funds are bc it is pink sheet (otherwise, good chance I'd prob own a lot more... those mother####ers
)
I also cannot buy in Interactive Brokers where a good portion of funds are bc it is pink sheet (otherwise, good chance I'd prob own a lot more... those mother####ers
)
skycriesmary
Climbing up the Walls
No worries, I've got iron abs. CYDY has helped tremendously, even if I only have 1500 shares. I'll happily name my next dog Chet.
fantasycurse42
Footballguy Jr.
But if the data is coming back to them very strong, why would they sell now? And that's just for Covid.
The only thing that would have me worried with your statement is NP seems like a dolt in over his head. I really hope I'm wrong about that.
⚡DEADHEAD⚡
Footballguy
10 million shares traded. Probably a banner day on dollar volume.
Jayrok
Footballguy
Could this be buildup for a partnership with BP related only to COVID? Not a buyout of CytoDyn as a whole. There are too many positive factors going on now for a sellout, unless the deal is too good to refuse.
HIV BLA
NASH trials
Cancer basket trials
COVID trials (75, 390 patients) with results coming soon
COVID - Mexico FDA filing?
Uplisting out of OTC
Hopefully a peer reviewed article from Dr. P published soon
Samsung production deal.
COVID related indications came out of the blue this year. I hope the company doesn't sell based on that alone. Lots of promise for Leronlimab beyond covid.
Sand
Footballguy
Why whole portfolio is beating the market by almost a percent. Everything else adds up to zero except CYDY - it's the only reason I'm up. That's insane.
ETA: When I bought this it was with my old poker account money - taxable. So I really don't want a taxable event of this size at regular income tax rates. Can we please stretch any acquisition activity out until early next year, CYDY? It would be much appreciated.
ETA: When I bought this it was with my old poker account money - taxable. So I really don't want a taxable event of this size at regular income tax rates. Can we please stretch any acquisition activity out until early next year, CYDY? It would be much appreciated.
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I entered a limit order to sell at $99, also. It says, essentially, if this sale goes through, you will be trading 5500 shares for $544,500, and I'm like, yup.I have a limit sell order at $99. Did this to prevent short sellers from borrowing against my shares. Not sure if thats how it works but something that came up on this board.
Think I might need to bump it to $200 to be safe
I’m up 2.8% better than the S&P today. I think I’ve beaten the market by 10% this past week between AMZN, FSLY and CYDY. Insane is right. I think I’m close to 50% better than the market this year.
chet
Footballguy
CYDY has no intention of selling but it might not be their choice.
You're not wrong about NP. When all is said and done, I will share some stories that will horrify you.
Wait, you can do that to prevent shorts? What do I do a limit order with no end date?
General Malaise
Footballguy
cosjobs
Footballguy
cosjobs
Footballguy
Yeah, that will keep a multi-billion dollar sports betting operation afloat.Some of us like to bet golf.
![[icon]](/data/avatars/m/5/5167.jpg?1660313464){kind=avatar}
[icon]
Insoxicated
IMO it would be very risky to short this stock (CYDY) rock now. This run up and volume screams good news leaking or takeover.
Either of those would crush shorts and be completely immune to hack job twitter smear attempts.
Huh? How do I cost him anything? He’s already up what $5M? No need to be snarky which you’ve said I was before. I’m thinking about retirement and college costs not a yacht. I think it’s OK for me and others to be happy we could make 6 figures or 5 figures. People can have different goals. I don’t know what the upper limit of this stock is and I haven’t hopped off yet but you’d be an extremely bad investor if you aren’t thinking about the exit plans.
cosjobs
Footballguy
Sorry. Wasn't meaning to be snarky. Sometimes humor is meaner than intended. Was just saying what you were wishing would probably cost Chet a lot of money. This coming from the guy shorting the #### out of Draft Kings.
General Malaise
Footballguy
Checking a borrow now. Been 'pending' for 15 minutes which usually means no borrow available, but I'll report back.
This has been General Malaise for YouTube stock loan department reporting.
General Malaise
Footballguy
siffoin
Footballguy
I own quite a bit in my IB account fwiw.I receive the live price in my watchlist on Interactive Brokers, but the chart is delayed 15 minutes.
I also cannot buy in Interactive Brokers where a good portion of funds are bc it is pink sheet (otherwise, good chance I'd prob own a lot more... those mother####ers
⚡DEADHEAD⚡
Footballguy
How many shares does a BP need to own to sniff a takeover opportunity?
About 480 million float, if I recall.
About 480 million float, if I recall.
fantasycurse42
Footballguy Jr.
Really? You prob have more trading options or something that I guess enables pink sheets.?
fantasycurse42
Footballguy Jr.
BassNBrew
Footballguy
General Malaise
Footballguy
Bob Sacamano
Footballguy
Guinis72
Footballguy
I'm such a degenerate I've been submitting both NASCAR and PGA lineups in Draftkings.
What are the overhead costs that DKNG has to maintain? I wouldn't think they'd be much. They can temporarily slash their marketing budget and the cost of creating contests has to be almost nothing, with a 12% rake just for hosting it. It seems like they should be able to ride this out until CYDY changes the world.
What are the overhead costs that DKNG has to maintain? I wouldn't think they'd be much. They can temporarily slash their marketing budget and the cost of creating contests has to be almost nothing, with a 12% rake just for hosting it. It seems like they should be able to ride this out until CYDY changes the world.
Ignoratio Elenchi
Footballguy
Not sure if this is a joke, but they're not. Was actually going to ask why there's so much hype around DKNG and no one talking about FanDuel/Flutter.
Bob Sacamano
Footballguy
PPB
BassNBrew
Footballguy
@General Malaise My bad. I didn't realize the merger was halted 2 years ago. So much press when it was announce and not much around here when it fell apart.
fantasycurse42
Footballguy Jr.
No worries, just throwing a little back at you. It would cost me a lot too, but I’m very close to the if anyone gives me an out that lets me feel like I didn’t bail early phase. There’s still a worry about results that aren’t good enough.
Also, less wishing for a $10 buyout just saying I wouldn’t say that’s a bad thing for me. I’d much rather ride this train to $30 a share too.
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sporthenry
Footballguy
The behavior is so systematic, it's almost scary. Today seems like you probably had some algos/day traders pumping it up. I'm beginning to lean towards a buyout. Maybe a less sophisticated biotech fund? But this trading pattern is ridiculously obvious (until it isn't). But seems like some pharma told a bank to accumulate a position and only accumulate so many shares at % appreciation per day. Not the worst ride in the world assuming it holds.
General Malaise
Footballguy
No biggie.
Not sure why, but I've always just used Fanduel to bet PGA with my boss. Guess I should swap over to Draftkings since I'm a large shareholder of 25 shares (for my son).
As the days pile up behind us in the rearview mirror, I'm growing less and less convinced that sports are coming back to us any time soon. I think the PGA might rethink things after this weekend.
cosjobs
Footballguy
My question is why people pay a 12% rake on this bull####. I've seen meat raffles with better odds.I'm such a degenerate I've been submitting both NASCAR and PGA lineups in Draftkings.
What are the overhead costs that DKNG has to maintain? I wouldn't think they'd be much. They can temporarily slash their marketing budget and the cost of creating contests has to be almost nothing, with a 12% rake just for hosting it. It seems like they should be able to ride this out until CYDY changes the world.
