And in doing so, they have directed potentially hundreds of investors' eyes to a superior competitor, disruptor, and probably better investment opportunity.
This is the Streisand Effect in full effect as per my last post.
How many more views do you think 4DX has had as a result of CYC investors now checking it out? Do you think some of those, who, until now may not have had full knowledge of 4DX, might have jumped ship?
"Attempts to suppress information are often made through cease-and-desist letters, but instead of being suppressed, the information sometimes receives extensive publicity". https://en.wikipedia.org/wiki/Streisand_effect
Whoever suggested this to CYC has made a huge strategic communications and investor relations error. I have personally made this error professionally.
On a side note, on CYC's recent presentation, they mentioned they have 85% market share outside the US. We also know that their machines are maxed out on producing revenue and need new machines to produce new revenue. Where is the growth outside the US when they are already at market saturation? They now have to reach 'Beyond PE' where their application might not work.
I'm sorry to say but CYC smells like Volpara (VHT) all over again. Was anyone here in on VHT for all those years?
Full discretion I'm a 4DX investor.
CYC Price at posting:
$1.38 Sentiment: Sell Disclosure: Not Held
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