Lately, the stock price of CryoPort Inc (OTC:CYRX) has been quite unpredictable. After a 5% gain on Monday, yesterday it remained 
at $1.05, while its traded volume rose up. What’s next today?
Historical records shows that the last news activity by CryoPort dates from last week when the company reported it was going to present at the 2011 Southern California Investor Conference on Aug 29. Though, since then no news on CYRX was released.
Despite this fact, the stock price is still higher than $1.00 per share and everyone is curious whether it will keep its chart position.
Cryoport, Inc. provides a cold chain frozen shipping system dedicated to providing cryogenic shipping solutions. In mid-August, the company filed its 10-Q report, which appears to be rather contradictory.[BANNER]
As of June 30 this year, CYRX has registered more assets than liabilities in its balance, however, its net loss increased by $2 million. At the same time, the company’s accumulated deficit exceeded $54 million.
In this case, even with its capital available, it will be hard for CryoPort to maintain profitability.
