Cytodyn Inc (OTCMKTS:CYDY), a late-stage biotech drug developer, has already delivered a win for Wealthpress subscribers from our first feature back in April this year. Billions have been invested into hundreds of biotechs all competing to produce a cure or treatment for severe COVID-19 instances that cause death, and none have succeeded. Except Cytodyn, if early indications are confirmed in the current trial now underway.
If the company's drug does in fact reliably save lives in severe-to-critical COVID19 patients, then a groundswell of investor support could push the company into new, higher-grade relationships, which would allow for the redemption of debentures and elimination of reliance on fly-by-night financings such as those described in the FULL ARTICLE.
I expect the data from the trial now concluded for just such an indication could launch the company into a whole new valuation altitude.
Average trading volume is steady above 6 million shares a day, and before the end of this week, we'll know just how effective their treatments are at saving lives from the worst of COVID 19. If the results are positive, this could be a big winner. Read all my thoughts HERE on the company and their latest developments to see if they are worth a buy/hold. |
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