r/InvestmentEducation

▲ 192 r/InvestmentEducation+105 crossposts

Most people who followed $CYDY remember March 30, 2021. The FDA publicly stated that CytoDyn's claims about leronlimab were "misleading and not supported by the data", no benefit was shown in COVID-19 treatment trials. The stock dropped 25%+ that day.

What happened afterward was a class action lawsuit covering investors who held $CYDY between March 27, 2020 and March 30, 2022.

A $500,000 settlement has been reached and terms are now submitted to the court for approval.

Who qualifies?

Anyone who held $CYDY during the class period and suffered losses from the alleged misrepresentations about leronlimab's effectiveness for HIV and COVID-19.

Can I still apply?

Yes, you can submit your application now and it will be processed once claims filing officially opens after court approval.

If you were damaged by this don't forget to check your eligibility. GL!

u/JuniorCharge4571 — 13 days ago
▲ 3 r/InvestmentEducation+1 crossposts

What Do Investors Think Of The Big Short?

I asked for recommendations about the most realistic film about investing. Out of all the recommendations I received I watched the big short first. The big short is a film about the financial crisis of 2008. It follows investors as they figure out what is happening and how to profit from it. The film is gives simple explanations as to what the technical terms is uses so anyone paying attention can follow.

Although some facts were changed for entertainment purposes it has a very surreal feeling constantly hitting you in your head about the type of people who run our banks and how prone to following the market without researching it properly they really are. And how detached from the real world implications some of these people are, you almost have to be a sociopath or become one to function in the world the way they do.

Personally as someone interested I think that if I had seen this movie sooner it may have galvanized me into learning about how the world works or more accurately is run. I think a younger version of me would have looked deeper into understanding investment if I had ben exposed to this film. For season investors I am not sure they would learn anything they do not already know except maybe more specifics about the housing crisis of 2008.

I recommend it as an introduction as to why investing matters. What do investors think?

reddit.com
u/whatevervibestoday — 11 days ago
▲ 6 r/InvestmentEducation+3 crossposts

How Do You Regulate Hard Emotions As An Investor?

I have heard stories about how some day traders won't will stop trading for a period of time if they have had a fight with their significant other due to the emotional toll resulting in bad decisions. I think it's fair to say that alt investors learn to be wary of their emotional states when making investments. We all take losses in life, things happen so I am wondering how others handle them regards to investing. Do you just continue or do you have some kind of sabbatical until the storm has passed or perhaps another way. I usually slow down, I have tried to push through big losses and ended up crashing. How do you get back on the investment horse?

reddit.com
u/whatevervibestoday — 11 days ago