I totally agree with Caesare74 on this one. I think that many are either ignore nor not knowning the progress Cytosorbents is making.
caesare74 Tuesday, 04/28/15 02:27:49 PM
Re: BuyMyAsk post# 6996
Post # of 7002
I'm with you that the stocks market corrected the price to around 7 USD. That is a correction of about 50% (high: 15, low around 5). That is something not unusual happening in bio tech stocks. On the other hand, sharp up moves and following corrections tend to overreact. The market is currently not pricing the many progresses in Europe and Asia. I understand from an american point of view, that things might look a bit different, in as much as the US market is not yet open for the filter. All I'm saying, one of the big trigger for the sales acceptance and sales acceleration will be the approval in the US. However, we have to beare in mind, that in the EU and Asia markets there are combined around 3.5 Bio. people, more than 10 as much as in the US. And CTSO is continuing to adressing this 3.5 bio market. I understand that Chan has a cautious approach. Very intellingent! He not driven by the quaterly sales figures. He has the overall picture which is important. I understand from you angle, after 6 years, you became quite impatient. Believe me, history tells, that human beeings tend to be most impatient right before the plan takes off. My assumption is that by summer (starting in June) we will see much higher price level of the CTSO stocks.
