CytoSorbents Corporation (CTSO)

[ping_pow_princess]

CTSO has provided opportunities to make a profit if a shareholder so wish. People who haven't sold all this time, may experience more anguish/frustration when they see the price go up and down. I recommend at least people have a small trading portion to sell on those unexpected run days.

They seem to like the last day of the quarter in obtaining money. For example, First quarter had the $10m cash raise, second quarter had the $5m bridge loan. For the third and forth quarter which was unexpected, they have the dilution with Cantor. I'm thinking there will be one more significant cash raising just before Christmas to take advantage of the holiday. Generally, holidays are quiet periods where most people will not be so focused on their investments. They will want to wrap up the dilution this quarter so that it is a fresh start in the new year. Besides the CytoSorb for cardiac surgery and sepsis pivotal trials, I suspect they want to start trials for use in other conditions. As long as we are near the 52 week high, raising more cash will be on their mind.