Cyclo Therapeutics Inc (CYTH)

[Lazarus]

I see small bids and large offers to sell. When they raised the bid to .40 cents today they got selling.

BUT, there is naturally support here from those who own shares from private placements at .25 per share.

They will continue to vigorously defend the stock at these levels but that is not the same as going up. To advance the stock has to clear some pivots and retail buyers need to come in.

Take another look at the last filing

The have enuf cash to survive one full quarter at their current burn rate. By the end of the next quarter they will have to do another cash raise = more dilution. The timeline for getting through all the testing is likely YEARS...at least that's the way I see it. Looks like its gonna be a long arduous uphill battle.

Let's see how things look in November. Its certain they want the stock price up for the next cash raise. If you backed the company with a placement at .25 cents a share you sure as hell don't want to see another guy or group come along and get shares for less.

THIS (imo) is buying to keep the price at acceptable levels for the next round of financing. I'll be curious to see who the buyers/backers are.

I used to just think a stock could survive on sizzle alone but I've learned say: "show me the beef"

(ps.. at last count I had 84 stocks in my portfolios that went to ZERO and their paper losses represent 7 figures --- I have paid for my education. HAVE YOU?)