Rec finished accum & now holding CTIX. I come here daily, listen more than I talk, and am grateful beyond measure for everyone's contributions.
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Hear,hear! Couldn't have said it better
Near Term headwinds: Government
Long term headwinds: Product Liability Attorneys + Government
As for the science, I believe in it like the rising sun.
Not so confident about the clinical process, though.
Often I wonder if the egregiously slow rate of increase in K causes the cancer to adapt and harden its defenses during the course of the trial. I would certainly hope that they use a fresh test subject each time the dose is increased so as not to have a pre-existing established resistance in the model
I had this crazy dream... Kevetrin proved efficacious, and almost overnight the Federal Government commandeered it for itself under some "continuity-of-government" provision... Problem with that move was, Kevetrin destroys metastatic cancer, therefore, the Federal Government disappeared right along with the FDA, TSA, IRS and the NSA. Instantly all backed-up pipelines of new drugs came flying out of the chutes. The now-obsolete "Cancer Centers" from coast to coast were converted to state of the art Insane Asylums to contain all the crazy bastards that currently roam the countryside, and we lived happily ever after. What? It could happen-
this Warren has a pile and is busy addin' more
Dr. Menon's health, whether excellent or otherwise, is the weakest link in the CTIX chain in my eyes. My impression of this man is of a relentless work-a-holic. With multiple biopharmaceutical corporations and product subsets demanding his time, mind, and constitution, as well as some mention of his taking leave earlier this year for a health-related issue, it gives me pause as to his condition. I understand that a couple of you have met Dr Menon in person at the presentations- Did he appear to be large and in charge, or rode hard and put up wet?
Cabel, I too am watching a loved one battle aggressive breast cancer. Nothing can be more frustrating than some bloated, talentless government bureaucracy protecting us from ourselves to the point of killing us. I often wish we could infuse the federal government with Kevetrin. Much like spilling spot remover on a dog, it just might solve the whole problem. Then again, there'll eventually be the lawyer commercials swooping down upon our company, somebody after having their cancer eradicated will have developed an ingrown toenail or indigestion or something...
Yeah, these asinine webcasts rarely ever work, whether you use Firefox, Chrome, IE, or any other browser. WSW uses a proprietary player that requires a download, and an install process that will take longer than the webcast, so we'll just have to get the low-down from the context of our friends' conversations here on the IHUB board
1.64 has been my GTC since 1st week of May. Only managed to scarf up 1300+ shares since. Not complaining though-
Can we sticky this? Good timely reference info here.
Is it playing? I'm unable to get the damn thing to play. Was beginning to think Leo was a no-show! Hmm.. Ok it doesn't play in Firefox, nor in Chrome... I DESPISE stock web broadcasts with a white hot passion.
I'm with you 10-11-12 Putting in another $10g at 1.6 I've managed to scare up a few thousand shares at 1.55 over the past three months, but that price has been very hard to catch lately. I'm impressed with the stability of late.
OH Boston's competing alright, I've gotten a real bad taste for socal biotechs. Seems the "anything-goes/no-rules" attitude out there is about as good for the bottom line as a rockstar is to a hotel room. As for CTIX- a Chief Exec CPA is, by definition, one who is bound to a code of ethics. Our Chief Researcher appears to be one who is consumed by objective (quite possibly to the detriment of his own health!). This duo could compete anywhere. Boston's stock rises with CTIX.
Excellent find Doc! Can't say the Boston locality moves me in any particular way, but I DO find it refreshing that nothing Cellceutix seems to transpire in California-
Ah yes, of course- thioureidobutyronitrile! Thanks Doc- Exactly what I was looking for. I don't know why I was searching for the company name or proprietary name...
Hmmm... Trying to decide which would be the easier task: Hacking the ASCO website to the extent that I'll find some accidental mention of Kevetrin/Cellceutix, or creating the cure for cancer from scratch out in my workshop... Surely there must be some official ASCO reference that supports the existence of our poster and presentation- My concern is whether they met the deadline.
Why isn't Cellceutix listed among the exhibitors at ASCO 2013? Maybe my eyes aren't what they used to be, but I swear, hard as I look, I can't find their name
Uplisting means nothing in my experience. Case in Point: Geron GERN corp. Massively top heavy with directors, advisors, auditors, and other assorted ticks and parasites, totally consumed with process rather than objective, burning through cash faster than the federal government, and equally corrupt. Considering the frauds companies can commit without getting DE-listed, I am little impressed by their listing. I like the Cellceutix business model. Lean, industrious, communicative and forthright. It's all I'll ever ask of anyone.
Being stage IV trial candidates, I would think brain metastases would occasionally manifest. Being as I've heard nothing of Kevetrin's ability (or lack thereof) to penetrate the blood brain barrier. I wonder if the candidates have been PETed for mets to eliminate this factor, or if it has been desirous to include such cases in the study.
Excellent point Karin. I certainly do hope they submitted in time. Wonder if there's any way of ascertaining whether they made the deadline..
Universities are simply by nature HORRIFICALLY inefficient. I'm sure it grates on the nerves of movers and shakers like Leo and Krishna, but any sense of urgency that gets conveyed by patients or stakeholders to DF/BI will likely be answered with recalcitrance and further digging in of heels. They do it because they can. Its why they invented tenure.
Ok, which timid little pantywaist sold his 672 shares at 1.55 today? (you didn't fill my order by a long shot)
Canceled my GTC to pick INO back up. Apparently their HepC vaccine trial went stinko. Freed up those funds for another CTIX order @ 1.55 since it seems to be fluttering around that altitude. Call me nuts, seems I'm doing more consolidating than diversifying anymore.
Thanks for clearing that up Dr F. I erroneously compared Harvard to the Florida state university system where the bureaucratic culture is endemic, and uniformly so from institution to institution. But again, my central point is this- As a trial product is handed over to behemoth institutions over which Cellceutix Corp has no direct influence, that it would be prudent to expect delays and much slower timelines.
I'll give Leo and Dr Menon the benefit of the doubt. Lest we forget, this marvelous compound has been turned over to DF/Harvard. Despite all the thickly-applied reverence afforded to this university system, bear in mind that it IS a government institution, and NOTHING a government entity does is ever on time, or on budget. Universities are caricatures of inefficiency, and their indifference to the universal law of supply and demand is palpable. Their staff and processes and protocol is layered like an Vidlia onion, each layer attaching itself in whatever obscure manner for whatever purposeless dissertation that will never benefit a soul. Universities are not only indifferent to forces of market, but hold contempt for them. Rube Goldberg to the tenth. Leo-centric speak comes from a world where compound can be invented, tested, proven and manufactured in two years or less. People like Leo work Saturdays, holidays, and late at night when they're on a roll. Ever notice how rush hour traffic at your local university starts around lunchtime on Fridays? And this says NOTHING of the FDA, the Antichrist of medical progress. Kevetrin may well arrest the most aggressive metastases known to humanity, but it doesn't stand a snowball's chance against the greatest one of all: Bureaucracy.
Still here, though spring came calling. Stuck in a tractor planting corn for the next 8 days straight. Relegated to Etrade graciously sending me a text "Alert" 45 minutes after it occurs... Open order snagged me another block at 1.60... not sure what to make of these stagnant low volume days.
Yes, definitely beware of new posters. But NO agenda here I assure you. I appreciate the input from everyone here so much that I began to feel guilty for not offering a thank you, even if I had nothing useful to post. Ha! Thank you- yes, the quote, well, it's a spinoff from the old adage "Its always easier to ask forgiveness than to ask for permission". Words to live by if you ever want to accomplish anything. And my broad-brushed take on artists probably stems from my years in the College of Architecture at University of Florida... Not sure if they've ever graduated any functioning architects, but scuz-bearded, chain-smoking, plaid-clothed, pseudo-existentialistic-speaking, black nail polish-wearing (and those were just the dudes) artists- Well, they produced a bumper crop of those.. To be fair, I guess us musicians can be called artists, so I may have to tweak my position on that.
Let me say that it restores my faith in people to be among intelligent and thoughtful individuals, even if only on a stock message board. The depth and quality of everyone's comments in this unique forum is unusual to me, and I value the discussions here more than words can say. I have been investing in biotechs since 1995, with my largest and longest holding being Geron Corp GERN. Many are familiar with the tragic history of that company, whose R&D was among the most revered in the world until theft and corruption dissolved it into a garage sale of office furniture and lab equipment. After shorting my GERN back to break-even last October, I found a new home in Cellceutix for my treasure and my faith in human inventiveness. CTIX, like any company, will be as fine a company as it's human element will allow. After decades of witnessing every wretched, underhanded trick in the book at Geron, I have become acutely sensitive to every grift and scam. Despite my healthy cynicism, my experience and instincts continue to tell me that Leo and Dr. Menon represent a remarkable and rare ensemble of talent and spirit and forthrightness. I hope that you will all continue your deeply appreciated comments and findings on this board, and though I have little to contribute materially, aside from my money and faith, the least I can post here is a hearty "thank you" to all. WT