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Mike, please tell me how he is not a good CEO.He has taken this company very far and does the work of several people. He has taken the company from a penny stock to now, where we are producing filters 7 days a week, 24 hours a day.
Mike, 22% of shares sold today were sold short. That's why we were down. Direct your anger there.
Mike, what is this "mess" that you speak of? The company is in it's best position ever. They have entered China and the US, they have the production line running 24 hours a day, 7 days a week. We will have the German (paid by their federal government) endocarditis trial results soon. A record breaking quarter to announce. 80% margins going even higher, profitablility coming soon. What mess are you seeing?
Sabai, why blame management for the decline today? Why not blame the shorts instead. Over 25% of yesterday's shares, 1,557,251 shares were sold short. My guess is that a much higher percentage are being sold short today. Place the blame where it is.
https://fintel.io/ss/us/ctso
Dude, it says for 2020. Each investor is different. I bought a lot at .09. My point was that many are whining, while the company has made tremendous progress from when I bought in as an OTC costing pennies.
The Best-Performing Small-Cap Stocks YTD: April 2020. This article looks at the best-performing small-cap stocks year to date from the Russell 2000. CTSO is number 12, will be number 11 after today. There is a lot of whining going on here considering the amazing progress that Dr. Chan has made. Personally, with the upcoming catalysts, I don't see a better place to have my money.
https://seekingalpha.com/article/4337191-best-performing-small-cap-stocks-ytd-april-2020
Mike, I agree with everything except that I feel it is the shorts that have held us down and manipulated us over the years. There have been some that have spent a lot of time a day energy, including multiple aliases to influence the share price. Hopefully, with this wonderful series of good news we can flush them away.
24 freaking hours a day, 7 days week!
They would get a lot more exposure on Fox!
Please stop pumping spectral on this board, your earlier aliases pumped the same loser company.
Fantomphan, thanks for the laugh!
Lakersrback, 24/7 is all we need to know. Europe is in chaos and doesn't have the time to answer your questions.
There was a PR two days ago regarding the use of Cytosorb in 70 covid 19 patients.
Hadtohaveit, I know that as a short you post nothing but negatives, but your posts are seeming very desperate. They wouldn't run the manufacturing facility 24/7 unless they were sure that they could be sold. As a short that should scare the hell out of you.
Also, almost 90,000 shares sold short yesterday.
We know that we had 80% gross margins at our last earnings. Think of what gross margins are going to be now at full capacity? 90%? Also, the PR seemed to state that we might get fed help with a new facility?
The manufacturing is running 24 hours a day 7 days a week. That is all you really need to know. Buy them while they are cheap. This is a once in a generation opportunity.
My guess is that you are short and pleased. Hopefully, you won't be pleased for long, there is too much good news coming and you can't keep the share price down forever.
If we keep our price at $1,000 and sell 100,000 our revenue is $100 million.
$48,000 divided by 50 filters is $960 each.
$48,000 divided by 50 filters is $960 each.
Canes 16, I am jealous of your 240,000 shares. You have gone through a lot of pain and anguish but your day is coming soon.
shares sold short have made up approximately half of all CTSO shares over the past week. That explains why we have been sinking while receiving incredibly good news. It is not Trumps,nor Chan's fault.
Ssmms,Trump knew enough to halt flights from China very early on and was harshly criticized for it. He didn't bring it here. How about leaving politics out of it? I will vote for him over the Communist and the guy who can't tell his wife and daughter apart.
share price collapse due to shorts? link
https://fintel.io/ss/us/ctso
share price collapse due to shorts? The earnings report and guidance were great, the CTSO news has been great, just waiting for confirmation in China and Europe on usage.
Short Volume Total, number of short shares traded on the major US markets each day.
Short Volume Ratio, Total number of short shares traded divided by the total shares traded each day
Market Date Short Volume Total Volume Short Volume Ratio
2020-03-10 198,377 1,104,300 17.96
2020-03-09 454,999 1,951,600 23.31
2020-03-06 237,490 1,194,300 19.89
2020-03-05 100,280 544,100 18.43
2020-03-04 100,696 373,900 26.93
2020-03-03 87,101 535,800 16.26
2020-03-02 123,472 793,100 15.57
2020-02-28 479,272 2,447,200 19.58
2020-02-27 89,924 566,800 15.87
2020-02-26 87,911 405,200 21.70
Good Sport, President Trump shut down flights from China to the US very early on and likely saved many American lives. The Democrats raged at him for that. You would know that if you watched the most watched cable news (google it). I hope that you are ready for 5 more years of Trump rule.
Angela Merkel estimates that 60% to 70% of the German population will contract the coronavirus.
https://www.yahoo.com/news/angela-merkel-just-estimated-60-184506028.html
Fox News is the most watched cable channel and Fox Business has the two most watched business shows.
Firefighter2039, could you please expand on the cpr use? Thank you.
Rest in Peace Berthabluefish. We all have been on a long journey together. I will raise a toast to him tonight.
Good Sport could you please keep politics out of this. Also, everyone knows that CNBC is a leftist wacko network. Get ready for 4 more years of President Trump! Best economy ever.
Long Ventilator Stays Strain Hospitals in China (1:50 p.m. NY)
Critical care resources in central China are being strained by coronavirus patients needing a month or more on mechanical ventilators, a study finds.
More than two-thirds of critically ill patients required invasive breathing support, doctors at the outbreak’s epicenter in Hubei province reported.
That burden could become more acute: More than 40,000 people are hospitalized with Covid-19 in Hubei. Among those, 8,853 cases are serious and 1,845 are critically ill.
https://www.yahoo.com/finance/news/hong-kong-hit-tsunami-italy-215224837.html
“It’s possible that it exists in all cities in Iran,” The outbreak in Iran began in the city of Qom, an often-visited religious destination. The health ministry official Minou Mohrez warned it had since spread to several cities, including the capital, Tehran, according to the official IRNA news agency.
https://www.theguardian.com/world/2020/feb/21/coronavirus-window-of-containment-narrowing-after-iran-deaths-who-warns
It appears that Cytosorb partnered with Armaghan Salamat Kish Group (Arsak) in Iran on September 23, 2016. arsak-logo-2Armaghan Salamat Kish Group (Arsak), a biomedical engineering company, was founded in 2005 with highly skilled and experienced engineers and experts. The company focuses on the importation of high impact medical devices in the areas of Anesthesia, Otolaryngology (ENT), Cardiac surgery, Ophthalmology, and Intensive Care and Regenerative medicine. Having developed professional relationships with important clinical centers throughout the country, as well as scientific and technical interactions with remarkable doctors and specialists, Armaghan Salamat Kish Co. has maintained considerable collaborations and business partnerships with leading European and American medical device companies. Relying on the wealth of experience and expertise, its long-term commitment is to deliver and equip clinical centers with innovative, cost-effective high-tech solutions to help physicians and patients throughout the country. For more information, visit: http://armaghansalamat.com/
I have always thought about a future dividend also. The company has so much potential, that it could easily be worth $50 a share during your time frame. I realize that a lot of money would go towards research an development but the company is almost debt free and will be throwing off 80% of each dollar of sales. A 1% dividend would be .50 per year at $50 per share.
Remember that the shorts are still very active and trying to slow the share price increase. The news lately is often and very good so that share price dan will burst, and burst big with the even better news, catalyst on the way.
interesting after hours, if course not a good indicator, but we are up .24 to 5.36.
8 p.m. (yahoo news)
German auto parts maker Webasto said Wednesday it has temporarily shut its headquarters near Munich after four members of its staff were confirmed to have been infected with a new virus earlier this week.
The infections are believed to have occurred following contact with a Chinese employee from Wuhan who had traveled to Germany to lead a training session.
The company said most of the 1,000 staff at the site in Stockdorf are working from home for the time being.
https://www.yahoo.com/news/latest-japanese-relieved-exhausted-leaving-023628142.html
since when is stating facts, hype? Since it threatens your shorts?