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Really had high hopes for this quarter. Always dangling the carrot in front of the donkey. If they didnt flat out lie, they 100% misled everybody. I predicted $15 million and own a ton of this. Dont start with the complainer crap tonight. My friend alludes to Tech getting a post deleted. Did this happen? Important to me. Thanks. Good luck to all.
Also how amazing how quickly the "well, elective surgery, naturally" has been swallowed, digested and regurgitated all over the place already.
I'm amazed at the balls to have Capponi say they have the ability to do 80 million, saying they are going 24/7 since late March, $3 million backlog, and that equals a crap 9.8. Huge balls. Ponder this. One of the geniuses came up with the idea to release the crap 9.8 figure as a way to temper the original 40 million financing! That's how bad it is. They threw out garbage income (I didnt set expectations THEY DID) to try to pacify us.
It's one thing to be positive no matter what, but the staunchest of supporters are BLOWN AWAY by this crap 9.8 number. Peddle the shortsightedness elsewhere, at least for tonight.
Wow $9.8. No wonder we need 2 company presidents. What an amazing feat. $9.8 with a nearly $3 million backlog.
$9.8 with a backlog and supposedly running 24/7. It's a bad joke right?
"...huge market for the sale of Cytosorb...". Liking that comment
And he says his doctor friend is a nephrologist.
I can see both sides. I'd tend to ignore it if it's just some random basher but I don't like a quote from a doctor saying "it doesn't work". I doubt they'd respond. Looking forward to a very interesting week.
I know you don't respond to every detractor, but do they need to respond in some way to this guy? He's not exactly just another poster with us here.
I got an email from the company. BTW now$11.55
Yes there was a PR and somebody just bought 2000 shares at 11.45 AH
Very happy we finished over the former 52 week high.
I think the question is how it went down in one day(?)
I can't click on "see more"
PR out on the same NY Times piece
They've posted on Facebook about the NY Times piece
Someone going by "lack" posted on yahoo that anything over $9 or $10 million is "fabulous" for Q2. What? To me, $11 is very disappointing, especially after what we were told.
Anybody think Ginsburg has sepsis? I read up on that bile duct stent they put in a year ago and they just had to clean out. They are inserted as a short term comfort measure, not a long term solution. Anyway, an infection for an already frail 87 yo with pancreatic cancer is pretty serious.
My hopes were we'd be mid teens before earnings with blowout earnings pushing us past 20. Still possible? Perhaps, but it might take huge remove data first, followed by the big revenue quarter. By big, I'm talking $15 million. I guess we'll see. Disappointing day after what everyone says was an amazing presentation. Makes little sense. Inexplicable really.
I didn't see yesterday's presentation but a skeptical friend called it "the best ever". Is there a way to find out how many watched?
Tech, you are the best poster on CTSO anywhere. Not even close. I read your post on another board that losing the BARDA funding was a setback and "took the wind out of the sails" of not only us but other companies waiting for funding. Some on here who were pointing to a positive BARDA decision then claimed it didnt matter when we didnt get it. Your post alludes to it being a hindrance to our needed expansion. I'm glad that someone as in tune with the situation as you has written it did matter. Again, thanks for your fantastic posts sir!
I'll take a stab at it. Prior to 2020 they were a C- at best for marketing/PR, including watching those who were supposed to be selling our stuff. I'd raise them to B- for this year, although some things fell in their lap with the virus. I believe they are selling devices as fast as they can make them but it hasnt translated to a share price that is commensurate....yet. I'd love to hear what robroaster's wise CEO would say about our new President dumping at $14 on our last spike just shy of $15(?). Sent a bad message. Peace. Good luck to us.
I'd bet that wisest CEO would tell you that a component of managing the company is marketing/promotion/PR. How would you grade them?
Can anyone shed light on what the changes are to next week's conference that caused the company to release a correction PR this AM?
Or their credibility will be shot, whatever there is right now. Something is holding this back. The market is dubious. First off, I'm hoping for at least $15 million, and I couldn't care less if it's just from CV 19 or not. Why downplay that? I'll never understand that. But I throw this out to everyone here and you already know my answer. After being told we can do $20 million a quarter, and for this quarter we are operating 24/7, and we have a backlog from the last quarter of almost $3 million, will you be OK with a $9.5 million Q2? Will you? I can't believe I have to ask the question. This started because I posted that I read somewhere that Bloomberg was predicting $9.5....a preposterous number to me (yes a strong word preposterous). But, actually to my surprise, Hemo said "It should be higher but so what?" paraphrasing. Again, I call BS (sorry to all you Cub Scouts, this is how big people talk sometimes) and say I am not OK with the goal posts getting moved. Vino asks "Or what?". Well, I'm pretty heavily invested here because I actually believe in the product. But if I start to feel an uneasiness about what we are told, I gotta lighten up. That's all. Are we here to make money, the big money, during this lifetime?
I'm pretty sure it was Mortensen that was allowed to speak at length on the Fall cc, only for us to find out the next day he was out. The cc after the close and an announcement before the next open. Why? So they wouldn't have to answer questions about it. Cowardice really. There can be no other explanation. No, me personally, I am done with the moving of the goalposts. Time to fish or cut bait. They were given a gift wrapped present with the pandemic. The numbers better be big. I'm praying for the REMOVE report to leave nothing to interpretation. But I'm sure if it's less than stellar, I know who will tell you it really doesn't matter because we've got yadda yadda yadda down the road. Move the goalposts again? No.
It's a matter of credibility for me. Under $10 million had better come with an amazing explanation. I was going to call the Bloomberg number ridiculous, but the defender is already on here giving it credibility (aka lowering expectations).
Sorry, that's bullsh#t and you know it. They told us in March they were capable of $20 million a quarter. $3 million backlog. Then they told us that "24/7" began in March (that would be before this quarter began). Then we elevated Capponi to President. Why we need 2 people at the very top at this point is beyond me. No, if revenues are not more, WAY MORE, than $9.5 people have some big time explaining to do. Tired of this "down the road, soon" crap. First "Oh BARDA really didnt matter". Now "Oh, 2Q revs aren't that important". BULLSH#T. You can quote me.
Somebody posted that Bloomberg is estimating Q2 revs to be 9.5 million. If true, that's a disaster to me.
I haven't heard of anyone, anywhere, dying in two days. Groom dies two days after wedding?
Tesla screams out on CNBC their blowout 2Q car sales. Would it be so difficult to do something to support the share price? Oh boy, we're having a big discussion on 7/13. Market reaction.....ZZZZZZZ
71,000 AH shares, 19 trades, no movement in the sp(?) I know people mention this reconfiguring. If it happens at the day's closing price (does it?), then isn't it in their best interest to knock the price down?
Most, Hemo included, figured we'd already be a quintuple. Me included. Good luck to us. Frustrating as all hell.
Please just retire that "triple" stuff. I'm not looking to argue with you but most(all?) lived through higher prices when we all thought we were on our way. I still kick myself for not taking the signal from our esteemed President Capponi who was selling at 14. Am I glad we are not in the 3s and in the 9s? Of course. The triple stuff just doesnt pass the smell test (to me). Im asking you to just stop using that argument. Want to highlight all the positive news? Fine. Just needed to get this off my back since everytime you say it I cringe and figure, well it's the last time you'll say it. Wrong.
I joked with a friend when we were over 9.90 we'd close at 9.47. Oy
He's had a rough year. His dead hero was a rapist.
Some days I feel like "CTSO Cures Cancer. Stock Up 3 cents"
News out on Latin America
My next cardiologist appointment is 8/5 LOL. True