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Is there any evidence available to the public about K causing shrinkage, or is it simply by word?
Agreed!
It's great that we can speculate about the almighty K with a couple back ups that might make it a bagger from here.
Nice action! Hoping this one will reach .60-.70 over the next week or three.
Curious to see if it burst through the 1.95-2.00 range, or will volume die down and meander on back towards 1.85, yet again?
Amazing chart, China, batteries, lithium, let's get it on!
Nice buying in the final hour! Looks set for liftoff.
Hoping ONVO in the midst of a run to new highs. Why not, everything else is!
LOL! K news or bust.
Textbook!!
I feel no desire to buy more CTIX tomorrow. I would guess a close somewhere around 1.85. Now, if people could just get bored with this stock, and sell it into the 1.60's, THEN I'd be interested. Break above $2 could do it too.
Fannie 4!!!!!!!!!!!!
GTAT is a monster!
Looking for the 4's as well!
Chicka, Chicka, Boom, Boom!
Is there a more textbook version of a cup and handle ever? Maybe $4.50 is in the cards?
That's a great point. I am comfortable with a position that is 10% of my portfolio, currently, but I'll likely ramp it up to 30%, possibly 50% in the right scenario. I wouldn't suggest it for anyone else, but I think I can manage the situation well enough. I don't have the luxury many here have of a much lower cost basis. I wouldn't hold that much of the portfolio for too long. It's my opinion that once 2.20 or so is surpassed, that it will reach $5 in a hurry. Probably will only take 2-5 weeks. I'm of the opinion that CTIX is likely to rise to $5, even if their pipeline ever justifies even half the current market cap. At that point, if it happens, I'll go back to around 10% of the portfolio and try to let that ride until a good verdict comes of B, P, or K. I'm really only here for K though.
Just need a catalyst to get people off their seat, and to get new eyes. It could be as simple as breaking out above 2.20 or so. It will likely take a real eye opening fundamental event. While much of the news over the past several months is encouraging, it doesn't make me want to load a full position. It's been repeatedly shown that waiting is fine, and that outside positions offer a better quick fix.
I agree with everything you just said. I'm just waiting for something to fully compel me that time is running out. My perception is that there is nothing of the sort in the next 60-90 days. Please correct me, if wrong. I may take the leap once K is strongly into the next cohort, regardless of anything else. For now, I sit with a small position, ready to add in the 1.60's, if presented, or a break over around 2.20.
See, things are going to change around here!
You may be right, but I don't think so.
Looking like a repeat of the mid-October run. Wouldn't that be nice.
I was hoping my point wouldn't be lost on you.
I don't follow fundamentals. Know why? When Apple was at $625 two years ago, I was told the PE ratio said it was undervalued, and that $1000 was the reasonable value, according to cash flow analysis, debt loads, share structure, margins, and most importantly, operational cash-flow.
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Chaos, I think we have to watch ONVO closely here. Might get another round of bull parade soon. What say you?
Yep, this is not a catalyst. All good stuff any way you slice it, though.
The meandering around 1.85 continues...
1 day off. Let's hit 13 today!
Awesome! I hope I'm wrong. I'd much prefer it to level off right here in the 1.80's.
If CTIX doesn't get a leg up to the upper 1.80's today or Tuesday with some volume, odds will start to rise significantly for a test of 1.60.
Great post, thank you!
Thinking/hoping tomorrow could be a huge day.
I really can't help but wonder if this CTIX mention may be a subtle shake out before release of news or some type of development.
noretreat and Leo discussion:
I think TA education is poor among the strong majority of people who use it. Probably a little higher ed in biotech than others? It gives TA a bad name, because most who use it don't truly understand what it can tell you, and more importantly, what its limitations are.
I guess the cross isn't destined to happen here. It could be rejected with a close and continual closes below 1.85. I personally don't care about this event. I care more about CTIX maintaining 1.85, and if it moves below, to hopefully recover back to 1.85 relatively quickly.
Can the board tell me more about Leo? It does concern me about his past, a little. Management is absolutely key to the success of an organization. I don't get heavily invested in all the details of companies, as it usually does me more harm than good. I prefer a broader look. Having said that, I would appreciate objective opinions about Leo's NNVC ties. What is the good, bad, and ugly? From what I've read, he seems fairly responsible for the turnaround of the fundamental business aspects of CTIX. Did he leave NNVC, because he knew it had trouble? TIA
In my opinion, the cross will have no impact on the stock. It's a silly indicator that is one of the first 2-3 items someone first learns in technical analysis.
I've been saying this continually, but I believe CTIX will trade mostly around 1.85, moving about 15 cents either side of this, until a negative or positive catalyst presents itself to break it out of the range.
OK, now hopefully the stock can settle in here and form a base until a real catalyst presents itself.
Well said. B definitely put me on guard. It may be a genius move, but we won't know for a while, so for now, it's a possible red flag. I remain very optimistic that this will be a huge winner, but I agree the market is totally justified in acting like this for CTIX. A big reason I think all the motive for each move talk is so silly. It's emotional. I don't want to be left behind if it runs, and I want to control my risk if something bad happens. That creates whipsaws of movement as it plays out among a crowd.
Headed back to equilibrium. Probably overshoot it some, and then hopefully level off somewhere around 1.80-1.85.
Luckily, CTIX is not one of them, and the Aspire deal keeps any games that may exist at a minimum. Possibly some SA hype to distribute some of their shares, but that's the easiest way to swallow the nature of the beast.
You are thinking too much into motives that most likely don't exist. All that is happening is that there is no catalyst news to start a sustained drive higher. You just have a whipsaw of emotions playing out among the crowd in the meantime.
I believe we have received the answer. Price is favoring what is the most probable outcome, absent a real catalyst, continued meandering around the 1.85 level.
What are the odds Apple advertises solar phones/Ipads/Ipods, etc. during the super bowl?