CytoSorbents Corporation (CTSO)

[BuyMyAsk]

Next 1 to 3 months?

Is anyone truly expecting this stock to rise in price from its close today? It will be a silent period most likely for CTSO. As of 3/31/2015 they knew revenue numbers for Q1 2015 and they were not good. The next conference call will give the same news.

FDA progress has been dissmal. Where did all of the money go that they raised? Ridiculous how slow this is going. Hire a professional consulting firm to push the trial and product along to the PMA route. Even dilute the stock more by doing a private offering if the proceeds will go to good use (e.g - speed FDA process up).

I think $8.25 is the floor for now and if it falls below there we are looking at the $6.00's The institutions might not let it fall below $8.25 like how they protected it today.

The outlook is not just so bleak. I wouldn't want to be a shareholder in the near term unless the price was attractive.