Revisiting CryoPort, Long-Term Opportunity & Risk (CYRX)

Photo of Jon C. Ogg
By Jon C. Ogg Published
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

CryoPort, Inc. (CYRX) has been long-forgotten by many investors.  The question is whether or not it should be forgotten or whether it should be revisited.  This company provides cold chain frozen shipping systems primarily to the biotechnology, pharmaceutical, and life science sectors.  It was also recently given a bump up from a 60-Minutes feature earlier in January.  Shares popped up but they have listed back down and now they look lower than the price from the “news bump” in the stock from before that 60-Minutes feature brought attention to it.

This is one of those situations that is full of potential reward, but it is also full of potential risks.  It could rise massively, it could fold.  It could also raise capital in a dilutive manner. CryoPort is about as far away from a suitable situation for “widows and orphans strategies” as one could get.

This was featured as being the “highest medical standard” for safely and securely transporting cryogenically frozen materials.  Its solution transported stem cells to Duke University for testing and the combination of dry shipper technology and data monitoring allowed the Duke University team and 60 MINUTES to prove stem cell specimen viability.

The real issue is that the market cap remains tiny at under $21 million with shares round $0.75 and with a 52-week range of $0.65 to $1.73.  Volume is so small that it barely is worth the effort taken to publish these few paragraphs.

That being said, take a look at this one but you better do some deep research on your own before you make any decisions.  Again, not a move at all for widows and orphans nor for any funds which are not entirely set aside for pure risk-based capital.

Photo of Jon C. Ogg
About the Author Jon C. Ogg →

Jon Ogg has been a financial news analyst since 1997. Mr. Ogg set up one of the first audio squawk box services for traders called TTN, which he sold in 2003. He has previously worked as a licensed broker to some of the top U.S. and E.U. financial institutions, managed capital, and has raised private capital at the seed and venture stage. He has lived in Copenhagen, Denmark, as well as New York and Chicago, and he now lives in Houston, Texas. Jon received a Bachelor of Business Administration in finance at University of Houston in 1992. a673b.bigscoots-temp.com.

Featured Reads

Our top personal finance-related articles today. Your wallet will thank you later.

Continue Reading

Top Gaining Stocks

CBOE Vol: 1,568,143
PSKY Vol: 12,285,993
STX Vol: 7,378,346
ORCL Vol: 26,317,675
DDOG Vol: 6,247,779

Top Losing Stocks

LKQ
LKQ Vol: 4,367,433
CLX Vol: 13,260,523
SYK Vol: 4,519,455
MHK Vol: 1,859,865
AMGN Vol: 3,818,618