Explore small cap ideas before they hit the headlines.
Explore small cap ideas before they hit the headlines.
So the e-wavers and Bradley followers are back at it again? LOL Always disliked those methods the most.
Lot a cash on the sidelines worried about the
pullback. Not the typical recipe for a decline.
CTIX doesn't have to correlate with the overall market at all anyway.
Agreed. I've often spoken against the boogie man when brought up here. I would argue the reward to risk for a 1-5 day short play is decent though. The stop can be very tight of .05-.10, and the gain might be 3-5 times the stop.
There's a decent chance of making .10-.30 short in the near term, with a tight stop over 2.50. Don't blame them for trying, but not my game. I'd rather shoot for the big gains less often than out there being a gunfighter everyday.
The line in the sand is crystal clear now. Will we hit 2.30, or bust 2.47 first? Either way, I think we know what the inevitable is.
Not trying to outdo you here, but I think we have a decent shot at a 3 million share day with a move to the upper 2's. Also being cautious to realize that we may be getting too giddy and need a bit of back testing first. Can't wait to see what tomorrow brings.
Uh oh, temporary top might be in if LT holders are bragging about cost basis. Always a good way to make the newcomers feel like they are overpaying.
Interesting, I see it the same way too. Nice to have similar confirmations from different viewpoints.
Yep. Don't think there is a pullback in the cards until 2.38-2.47 is hit. Maybe not from there either, but eventually it should give and rocket!
We'll need consistent days of 1 million shares + to break completely out. I think we'll crush 1 million today.
The feel like missing out feeling is setting in. Sense of urgency.
Thanks. That would definitely be preferred over AMEX. Do you know the price requirement for NYSE?
Guessing AMEX. Independent BOD is the only missing item to apply.
There's a number of resistance points here. If it clears about 2.30-2.40, it should be smoother sailing.
Break 2.40, and it should. I previously didn't think it was ready to do this for a few more months, but looks like I will happily be wrong on that belief.
This was my prediction a few weeks back. Hope I'm wrong, but still feel it will be the case.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=105449737
DauberUP I hope you are right! I will have wished I loaded more a couple weeks ago, but will load more on the break past 2.40. I think if it breaks 2.40 that it will hit $5 at least, and most likely 6+, in short order.
My previous post is based on the belief that RR will not deliver what the sidelined money or potential investors yearn for. I think the real breakout won't occur until very late this year or early next.
My guess would be that it bounces around here between 1.88-2.00 for several days before resuming higher to test 2.10-2.20. I'm not expecting the big breakout above 2.40 in the next couple months, and expect to see a pullback to 1.75 after RR. Hope to be wrong about that.
Nobody tries to hold a stock back. It's just when you have a large supply of shares that you need to sell, you have to take advantage of the volume as it comes. That's just how it's prudently done. The trick is to not totally kill the rally, and hope that large volume comes in continually. Aspire will look at it more from an average share price received for a large block over weeks time.
IMO, we'll need several million share volume days in a row to truly break out of this long range.
Guaranteed?
I do hope you are right. Break 2.40...brand new Cadillac.
Aspire would love nothing more than to raise their average distribution price. Bring the volume
Quick guess is we run to around 2.00 into RR on less than stellar volume, top it off with a seeking alpha article, and then back two where we are currently within about 70 calendar days.
Hope I'm wrong and it blows past 2.40 on huge volume.
I too am very impressed by this. It was the impetus for my recent re-establishment of a core position here.
Some like to knock Aspire, but I think it's been a great relationship for CTIX.
Nice post. I can only speak for myself, but I've not been able to convince myself to hold a core position for over a year. It just seems too prudent to start building it here and now. The low volume hold around 1.70 has shown great resiliency, and as long as things start to rapidly progress on the drug front, eventually having 2-4 millions shares traded a week will snap in and this will run to $4-5 in a hurry.
It seems to take forever to happen, but then it happens so fast once it does.
Yes, no OTC stock board is replete without the dreaded big man/MM is the reason we can't move up excuses thrown around.
Aspire probably has a backlog of shares in the lower volume environment CTIX has been trading in the past several months.
Noretreat-Always appreciate your realism with CTIX, and very much agree with your comments in regards to the PR.
FWIW, bought back in with my base position after being out for a while. I have more confidence in the capital structure and with current market participants behavior during the waiting that I feel good getting my base positioned at today's level.
I'm not yet willing to overload the position as I still see a bit too much risk to the downside should results not go as expected.
There's an objective argument to be made that CTIX has used it as a diversion and stock selling story to buy time for K. The change in course for P casts a long shadow.
I don't know the truth, nor does anyone. I'm only saying that it's something that deserves careful consideration into the speculative equation.
I hope they brilliantly acquired it. I also won't mind if it is worthless or not worth the time and money if K is .1% of its potential.
Agree or disagree?
K is the special sauce. Boom goes the dynamite on introduction, value added.
Special sauce is taking longer than expected, but that's to be expected
P changed course, and moved the goal posts. There's a good reason to change course, but was it really to shareholder benefit? Nobody can answer that with certainty.
B is seen as weakness by the market. It may be brilliant, but the market has no idea, and should error on the side of caution in the game of speculation.
I view CTIX's ability to float around 1.80 as quite the accomplishment as we await a genuine and real catalyst.
Well said pete! I view CTIX through a very similar lens as you.
I feel this has been the weakest spike of the last year. Without a catalyst, I would think it will drift back to the recent lows.
There's no one behind anything. The sector is weak, the market is indecisive as a whole. All the true believers of CTIX are in. Fear and greed prompt some to adjust their overall position. Buy on the way up, OMG, here we go, sell on way down, oh no, I'm too heavy in this stock, what if things don't work out?
Sometimes people to don't step in on days like this because they themselves are in fear mode. Maybe they don't want to be seen too chearleadery? I don't know.
Leo can't stop anything. CTIX needs tangible results that break it out of the malaise.
Triangle target reached. Now what? Hopefully, back up to the 1.80 level within 2 weeks, or the pressure could get heavy.
Looks like this is going to play out now. Projects to about 1.60-1.65.
Yep. I think I may have been the one that coined the term meandering, as that was my prediction. To meander around 1.85 for quite a while. The triangle only measures down to about 1.50-1.60, so it's only a minor one. Nothing that should upset the coiled range.
Edit: I guess Etradeedge starting using it here, my apologies.
Looks like the herd hasn't found this one yet, and the funny things is, this might be the biggest winner with Jamen involved. Shouldn't be long before some noise is made.
Bearish ascending triangle building here. Needs to hold 1.80 to not play out.
When might you expect a real catalyst, from a fundamental standpoint to appear?
Indeed! I'm out now, but it could definitely move much higher. Good luck!
A possible miracle drug that is associated with an OTC, requires more than a mention by a new hire.
A batter, batter... swing!