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Probable reason for the buying interest and price spike in 03/31: Agreement on March 28 for the debt owed to Eisai Co., Ltd.
https://archive.fast-edgar.com/20250403/AL22722CLM226T4Z2I2E2ZY2WSIMC222Z272/
SOMEBODY sure wants some CTOR today.
CTOR.........................................https://stockcharts.com/h-sc/ui?s=CTOR&p=W&b=5&g=0&id=p86431144783
That was announced on 2/6/2025. Nothing new.
https://www.otcmarkets.com/filing/html?id=18162539&guid=Xkh-kWtVKkAVBBh
$CTOR: News is out...................
Now $1.35 in PreMarket
[img]http://pbs.twimg.com/media/GnPX_GSXYAAM5fU?format=jpg&name=medium[/img
GO $CTOR
Citius parent company annual meeting March 10.... shareholders rejected the increase in A/S.
Our stockholders did not approve the proposal to amend our Articles of Incorporation to increase the authorized number of shares from 26,000,000 to 260,000,000 and the authorized number of common shares from 16,000,000 to 250,000,000. The vote was 3,222,490 shares for, 1,934,414 shares against, 35,367 shares abstaining, and no broker non-votes.
The attached Information Statement describes the Certificate of Amendment approved by Stockholder Written Consent, which will increase the Company’s authorized shares of Common Stock to 400,000,000 shares from 100,000,000 shares of Common Stock.
That's cool! My wife does research and gets published in journals.... not medical journals, but I understand the process.
You said you got into CTOR too early.... well I'm chasing it now because I tried to lowball that recent dip and missed it.
I played with CTXR a little bit in the last year but didn't do much better than break-even because the shorts still have control of that one and it was difficult dancing around that reverse split.
I usually hate it when tickers like CTXR spin off their tech into subsidiaries because it usually screws the shareholders, but this one is kind of rare in that the subsidiary is public too, and I like the insider ownership here. We've all learned that insider ownership is no guarantee of success, but it sure doesn't hurt!
Cheers, and best of luck!
I was following another stock that got 200 million, but they hadn't met all conditions. My wife writes grant applications, usually gets them, if they had a grant in mind it's worth the effort. Even small grants add up.
That's too bad, because CTOR could use the money from a grant.
Thanks!
It's already reversing so it may steadily go up as start nears. Good buy in price I would think. I bought in too high, but analyst prediction was 6 dollars, and still is.
So my buy could still make money, wait and see.
I think I was thinking of a different company that a grant finalized.
The company said they expect first sales in the first HALF of 2025, not in the first quarter.
True, the first quarter is IN the first half..... but I don't expect the launch until May or June. In biotech, when they say they "expect" something in the first half of a given year, it usually doesn't happen early.
What grant do they "need to finalize?" Can you provide more detail? I know about the NJ grant in March 2024 for $2.4M -- is there another one pending in 2025?
https://www.prnewswire.com/news-releases/citius-pharmaceuticals-inc-secures-2-4-million-through-new-jersey-economic-development-program-302081639.html
I think the PPS is in a free-fall since Feb 24 because the Form 14 they filed on Feb 24 says they are increasing the A/S from 100M to 400M. Anticipated effective date: April 7th.
I doubt the insiders are dumping -- they paid over $2 per share and THEY are the ones who voted for the A/S increase (Directors, majority shareholders). I think that if they wanted to dump they would have done so before they decided to increase the A/S. Also, I believe all their options are priced higher than the current PPS.
Funding is a problem here, IMO. This company burned $6M last quarter and they have no cash ($112). Per the 10-Q, "The Company plans to continue to rely on funding from Citius Pharma." CTXR isn't rich either (about $1M in cash) and THEY burned $10M last quarter.
Citius expects to launch LYMPHIR in the first half of 2025 and they already have a Medicare J-Code so that is good. Looks like CTOR has a large inventory ($14M) ready to sell ("Inventory consists of finished goods of $6,134,895, and work in process of $8,246,474 as of December 31, 2024"). The question is going to be: how fast can they sell that inventory?
And when will Dr. Reddy's demand that $22M milestone payment? It's already past due. Maybe they are planning to pay Dr. Reddy in stock. From the 10-Q:
At the time of the FDA approval for LYMPHIR, a $27.5 million milestone payment became payable under the terms of the asset purchase agreement for which a balance of $22.5 million remains due as of December 31, 2024. Pending further discussions with Dr. Reddy’s, Dr. Reddy’s agreed to a partial deferral without penalty of this milestone payment.
Maybe dilution to pay for everything to get it off the ground., ten dollars this year, maybe so.
Can't tell if stock is falling to let someone buy in or if just no support. Could be a buying opportunity. They need to finalize the grant it seems.
Quite possible, however:
Only if they sucessfully commercially launch their product LYMPHIR which they said will be in the ist half of 2025.
The reason it is so low, is the fact that the 92.2% owner of CTXR ( which spun off CTOR) board of directors is the same board of CTOR, and the CEO is the same. Whom IMO is a very poor manager and he is known to always move the goal posts further and further out.
CTXR the 92.2% owner (controlling CTOR) stock is selling at the lowest in it's history (split basis) due to the CEO's very bad management.
Also funding is a problem.
Anyone think this can hit ten dollars in 2025
CTOR...$1.23...🥳... https://schrts.co/ICqtBicz ...Bollie Squeeze is on...she gonna go up or down...
georgie18
Member Level
Re: georgie18 post# 388659
Thursday, January 16, 2025 3:28:33 PM
Post#
388694
of 390113
CTOR...$1.31...🥳...Trying for Upper Bollie Breakout...
georgie18
Member Level
Re: georgie18 post# 671469
Thursday, January 16, 2025 10:10:25 AM
Post#
671513
of 671603
CTOR...$1.13...🥳... https://schrts.co/gcbJpQsR ...Adding here on the Bullish Kicking Reversal Pattern...
georgie18
Member Level
Re: georgie18 post# 388592
Thursday, January 16, 2025 6:58:32 AM
Post#
388610
of 388659
CTOR...$1.28...🥳...Off my $1.09 Alert...
georgie18
Member Level
Re: None
Wednesday, January 15, 2025 2:15:10 PM
Post#
671415
of 671468
CTOR...Scaling in here on the $1.09 dip...🥳...Like the forward looking event...
CRANFORD, N.J., Jan. 7, 2025 /PRNewswire/ -- Citius Pharmaceuticals, Inc. ("Citius Pharma" or the "Company") (Nasdaq: CTXR) and its oncology-focused subsidiary, Citius Oncology (Nasdaq: CTOR), today announced significant progress in preparations for the commercial launch of LYMPHIR™, an innovative immunotherapy for the treatment of adults with relapsed or refractory cutaneous T-cell lymphoma (CTCL). Management is focused on making LYMPHIR available to patients as quickly as possible, with preparations underway for launch in the first half of 2025.
The insider is CTXR the company that spun off CTOR. CTXR owns 92.3% of CTOR.
$CTOR How can this be a spam when insiders own more then 90% of the shares. They know something. CTOR Not to many shares left in the market. Should go up real fast when good news comes out. And it should be soon.
Shares Outstanding
71.55M
Public Float
3.93M
nice summary, launch any day now imo.
Post from MOMO's board, "Up and coming giant:
Citius Oncology (Nasdaq: CTOR)
"Citius Oncology (Nasdaq: CTOR), today announced significant progress in preparations for the commercial launch of LYMPHIR™, an innovative immunotherapy for the treatment of adults with relapsed or refractory cutaneous T-cell lymphoma (CTCL). Management is focused on making LYMPHIR available to patients as quickly as possible, with preparations underway for launch in the first half of 2025."
LYMPHIR ( approved by the FDA for commercialization) is a targeted immune therapy for relapsed or refractory cutaneous T-cell lymphoma (CTCL) indicated for use in Stage I-III disease after at least one prior systemic therapy.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175721086&txt2find=ctor
trying coiled up trying to break out of this range, can follow like the other one.
Yes Indeed...🥳
CTOR Not to many shares left in the market. Should go up real fast when good news comes out.
Total Insider Shares Held 64.72M
Citius Oncology Annual Shares Outstanding
(Millions of Shares)
2024 68M
Post from Stocktwits "$CTOR 400 million estimate for first release to market, this is with a majority still not set to offer lymphir as treatment. They have to as lymphir is the only approved treatment now for su sidies and so on. 400m initial. Insane, ez billion dollars valuation in 2 years time.
CTOR...$1.31...🥳...Trying for Upper Bollie Breakout...
georgie18
Member Level
Re: georgie18 post# 671469
Thursday, January 16, 2025 10:10:25 AM
Post#
671513
of 671603
CTOR...$1.13...🥳... https://schrts.co/gcbJpQsR ...Adding here on the Bullish Kicking Reversal Pattern...
georgie18
Member Level
Re: georgie18 post# 388592
Thursday, January 16, 2025 6:58:32 AM
Post#
388610
of 388659
CTOR...$1.28...🥳...Off my $1.09 Alert...
georgie18
Member Level
Re: None
Wednesday, January 15, 2025 2:15:10 PM
Post#
671415
of 671468
CTOR...Scaling in here on the $1.09 dip...🥳...Like the forward looking event...
CRANFORD, N.J., Jan. 7, 2025 /PRNewswire/ -- Citius Pharmaceuticals, Inc. ("Citius Pharma" or the "Company") (Nasdaq: CTXR) and its oncology-focused subsidiary, Citius Oncology (Nasdaq: CTOR), today announced significant progress in preparations for the commercial launch of LYMPHIR™, an innovative immunotherapy for the treatment of adults with relapsed or refractory cutaneous T-cell lymphoma (CTCL). Management is focused on making LYMPHIR available to patients as quickly as possible, with preparations underway for launch in the first half of 2025.
1.20's up, only gave me partials at 1.14's in the morning :( Liking the forward events here. still got orders in jic they dip it again gl.
Your very welcome...🥳
Thanks georgie I picked up some 1.15 shares this morning.
CTOR...$1.13...🥳... https://schrts.co/gcbJpQsR ...Adding here on the Bullish Kicking Reversal Pattern...
georgie18
Member Level
Re: georgie18 post# 388592
Thursday, January 16, 2025 6:58:32 AM
Post#
388610
of 388659
CTOR...$1.28...🥳...Off my $1.09 Alert...
georgie18
Member Level
Re: None
Wednesday, January 15, 2025 2:15:10 PM
Post#
671415
of 671468
CTOR...Scaling in here on the $1.09 dip...🥳...Like the forward looking event...
CRANFORD, N.J., Jan. 7, 2025 /PRNewswire/ -- Citius Pharmaceuticals, Inc. ("Citius Pharma" or the "Company") (Nasdaq: CTXR) and its oncology-focused subsidiary, Citius Oncology (Nasdaq: CTOR), today announced significant progress in preparations for the commercial launch of LYMPHIR™, an innovative immunotherapy for the treatment of adults with relapsed or refractory cutaneous T-cell lymphoma (CTCL). Management is focused on making LYMPHIR available to patients as quickly as possible, with preparations underway for launch in the first half of 2025.
That would be nice...🥳
Zero borrow now,207% fee,could get really fun today
CTOR...$1.28...🥳...Off my $1.09 Alert...
georgie18
Member Level
Re: None
Wednesday, January 15, 2025 2:15:10 PM
Post#
671415
of 671468
CTOR...Scaling in here on the $1.09 dip...🥳...Like the forward looking event...
CRANFORD, N.J., Jan. 7, 2025 /PRNewswire/ -- Citius Pharmaceuticals, Inc. ("Citius Pharma" or the "Company") (Nasdaq: CTXR) and its oncology-focused subsidiary, Citius Oncology (Nasdaq: CTOR), today announced significant progress in preparations for the commercial launch of LYMPHIR™, an innovative immunotherapy for the treatment of adults with relapsed or refractory cutaneous T-cell lymphoma (CTCL). Management is focused on making LYMPHIR available to patients as quickly as possible, with preparations underway for launch in the first half of 2025.
CTOR...Scaling in here on the $1.09 dip...🥳...Like the forward looking event...
CRANFORD, N.J., Jan. 7, 2025 /PRNewswire/ -- Citius Pharmaceuticals, Inc. ("Citius Pharma" or the "Company") (Nasdaq: CTXR) and its oncology-focused subsidiary, Citius Oncology (Nasdaq: CTOR), today announced significant progress in preparations for the commercial launch of LYMPHIR™, an innovative immunotherapy for the treatment of adults with relapsed or refractory cutaneous T-cell lymphoma (CTCL). Management is focused on making LYMPHIR available to patients as quickly as possible, with preparations underway for launch in the first half of 2025.
Gap filled and hit the bottom bolie(5day),higher high should start the chase up!
Just for your info. Forgot to attach in previous response.
Here is the link to the official fililing to the SEC filed on 12/27/2024 see page f4 for the income statement.
https://www.otcmarkets.com/filing/html?id=18074417&guid=IX0-keY-Hd5eJth
Personally i do not pay attention to charts.
Charts do not take into financial status,or any potential cataylts,earnins etc.The chart is solely based on programming and is based on current market conditions and changes as the the price goes up or down only.
They are strickly for trading.
I am a long term investor, and invest based on the the potential of the product, which i believe will be big.
But that is just me.
Thanks!,chart is bullish breakout,potential is astronomical,I bought the chart
It is incorrect.
They have no earnings. Always look at the financials. Schwab also say there are no financials. Svhwab does not have any but there are.
I posted a link to the financials.
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