I'm almost even on CYDY. Do you guys plan on holding long?
Depends on how January goes. I see 3 potential roads ahead of us. Much like Goosebumps, this is going to be a pick your ending.
1. PR on Wednesday is promising for HIV, then mid January we get EUA for severe/critical COVID as data is significant from trial (it should end late this week or next week, and be unblinded shortly after). Share price will probably pop a little after the PR if the HIV projections and BLAs look promising, but it'll rocket with the EUA. My goal would be to sell 1/2 my stake between $15/$20 per share and hold the rest indefinitely. They're talking about a $2/share dividend if we get COVID approval based on projected 2021 sales.
2. PR on Wednesday is promising for HIV, and the share price bumps to $7/$8 based on revenue projections and HIV timelines, while everyone waits for COVID news. The data comes out and shows no benefit. Then it's a race to sell - I don't think it would go all the way back down to $2/share but I think it'll settle out between $3/$4.
This is where I'm trying to decide if I'm going to sell some if it hits $7/$8 to lock in some gains in case this reality comes true. Long term (1-2 years) I think this stock is a winner but right now I'm looking for quick gains. I may leave 5000 shares in it indefinitely (as of today I hold ~20,500 @ 3.38 avg).
3. PR on Wednesday is a big nothing burger, and the price stays around $6-$6.50 pending the release of the COVID data. Then as above it'll either go way up, or come way down (but at this point it may hit sub $3). Now it'll really be a race to sell before it drops - if this PR is a nothing burger I would definitely hedge my position at the end of this week to lock in some gains (unless I feel particularly risky when the time comes).
Of course this is all me hanging out with my crystal ball, tea leaves and Tarot cards so take it with a grain of salt (and probably a shot of penicillin)