CytoSorbents Corporation (CTSO)

[hopester]

Buy My Ask- The assumption that the product may not be as effective as once thought gleaned from Dr. Chans's comments is a real stretch.

He clearly attributed the revenue disappointment to an inadequately trained sales force which he has addressed. Also, the strength of the $$ played a role which has effected all US companies doing biz overseas.

I heard some very optimistic comments in his projections for '15 as he has taken steps to resolve the issues with the sales staff. The strenght of the US dollar is out of every bodies control and I can't fault the company for that.

The selling to the extent taken place is unjustified IMO, and as it all settles in , this may be a huge chance to increase holding or BUY. Technically there's been some confidence shaken and it'll need some time to restore and repair.