Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Less than 0.05 cents presplit!
Put a fork in CTSO! It’s done!
I think I said it perfectly on this reply to a 2019 post I made here, it was spot on!
The warning signs have been here for years, the hit piece was absolutely correct, .075 presplit, sad, no future catalyst only bankruptcy eventually!
Why waste time with these continuing cases of the week, The device failed the all important German Endocarditis trial and the Refresh trial was never going to be completed as I constantly warned due to patient size and primary endpoint of AKI which was never going to met, and just like I said, the trial was ended permanently, so here you are at 7.5 cents presplit, I remember buying 100,000 shares in 2014 for 23 cents and sold for about $6.00 bucks post split for modest profit, I saw the writing on the wall.
7.44 cents presplit! Pathetic company!
Presplit 11.20 cents!
Well it’s true, It’s in the 4’s now and by January-February it will be in the 3’s! 0.19 presplit!
Once the Germany trial did not meet its primary endpoint, it was game over like I told everyone numerous times years ago, as a former shareholder who realizes CTSO is a somewhat shell company,a $3.00 stock being generous, That’s it, There is lots of money to be made in tech stocks while you guys and gals waste years and years on a simple blood filter that has only a few pertinent uses!
Well I bought 20k shares at 0.50 this week knowing well a 1/20 RS is coming down the road along with the offering they withdrew due to COVD 19 market conditions, I am a CTSO bear and can’t stand those losers on that board, At least we have an active P3 trial as theirs is suspended and will never resume, I don’t think the results from the tigress trial will be overwhelming, But I think they will get approval in these new world COVD 19 world, It’s just a 10k gamble as I am having a good year so far so I figured I would take a shot since Baxter paid them 5 million upfront!
This company exists for ONE REASON AND ONE REASON ONLY, So Leo can collect his paycheck, The drugs are just a scam at this point, Leo will collect his salary as long as he has suckers buying his car salesman B/S and the stock and he can sell on a pump, But he has run out of bullets years ago and is running on blanks till there is no more!
I know I said I would not post anymore, But just to let you guys know I purchased 2k shares today on the FDA emergency use which is very wide in scale and was the one thing I always have been waiting for, Although most thought I had bad motives, I was just an old time long who got frustrated with the company 3 years ago, But with today’s PR, I was extremely pleased and will leave it at that! GL to all.
I am so sorry to hear that! Maybe I should just give up here! I don’t want bad karma coming to me as I don’t want bad karma to go to someone else either! My final post here! Good Luck!
No actually I made a few pennies on CTSO and I even let my guard down on the Italy post and bought 2k shares and then read the links to Italy’s protocol for using CTSO and sold at a small loss, I had only myself to blame on that one, I guess in this COVD19 it’s easier to get caught off guard, If you read the Italy’s protocols you will I understand why it will never be approved by the FDA and Chan knows that, And any long term investor of MSBT OR CTSO should know that, And if you don’t you should not own this, So all and all with all my trades over the years on CTSO I would say break even to slight profit, it does not really matter, it just troubles me the dreamers and pumpers continue except some of the ones who I don’t see anymore who used to promise information from overseas to pump it up, I don’t even see the female poster here and many of the original moderators are long gone! I mean, Do you guys need for someone to hit you on the side of your head with a hammer or just lose all your money???
It amazes me that these boards that are all pumpers of the company are usually cult stocks and management makes an ID And posts as just a regular poster, I believe I know who Chan or someone in CTSO MGMT IS, But my post will get deleted, As I said twice last week “ it is what it is” and while the trial is suspended officially by FDA terms and paused in CTSO Investor terms, As long as Refresh is not recruiting and trust me “ THE REFRESH TRIAL WILL NEVER BE COMPLETED” That said that’s why the market is up huge and CTSO is down, No fund manager and they are more nervous than ever would ever invest in this, Wake up everybody and stop thinking I am a basher, I am an informant and I am a former shareholder who saw the light as far back as EOY 2016 or 2017, Sorry I can’t keep track although I would lean more towards 2016!
That was a sad Conference today especially when Chan was Asked about the United States, Then his answers were not fluid because nothing is going to happen with the cartridge in the U.S, Face it, The FDA is not interested in this product and sales will always be limited, I have never seen such an ignorant board except for for IPIX board which is a complete scam, I would not call CTSO a scam as It has some uses, But your price will be between 5 and 7 dollars give or take a dollar higher or a dollar lower, Mark this post so you don’t attack me and then next year and the year after your stuck in the same spot you been stuck in for countless years, No nasty responses needed, if your so confident people you won’t even respond to this as nothing I said is not true, Oh maybe some will get angry for the ignorant board comment, I been ignorant in my life, But I try to improve on myself especially in trading over the years, I make money off the dummies, Not CTSO. I don’t touch that ticker anymore as just a little volume moves it up and down a lot!
I feel bad Dr Chan is milking this with a COVD19 Press Conference on a day the stock is down 15%, As long as that Refresh Trial is paused and CTSO does not get FDA approval, This will be what it’s always been without me being crude as people are dying from many many different causes from COVD19, And if you think CTSO is coming to the rescue, You need your head examined, No Refresh trial means no FDA approval and minimal increase in sales just to remind the sensitive people here, Hope Gileads Drug is successful that’s all or MRNA, But this???? Same old Same old plus a few extra sales to maybe 40 million a year and I am being generous to give you best case scenario, The best thing to do is be in cash or day trade certain stocks! I don’t short CTSO!!
You should give a shit because as a former shareholder I warned you and could have saved you money whether you like it or not, and I only say that because you will be rude. But really I had no other motive then waking up the people who believe in this limited use product that you should have gotten out in 2016 like I did! Wake up this is going nowhere especially in light of COVD19, Nobody is interested in your blood filter really on a global scope!
That’s is so absurd it does not deserve a response other than me saying it’s so absurd!
Dipping below 0.16 presplit as people have to liquidate to raise cash!!
I give Leo credit for keeping this thing alive so long, But finally the day of reckoning is coming over the near term as a lot of companies are going belly up, Fools for all who believed Leo over the years, He belongs behind bars!
Brilacidin:’IV: Oral Rinse: Enema:Pill form: Vaccine??? Did I leave anything out? All that for a dime!!
I bought 100K shares at 0.238 in May of 2014 and got out in 2016, With all the fanfare its trading at 0.1835 as of today presplit price! Not pretty regardless of how you spin it!!
So Brilacidin is an antibiotic. an antiviral, treats OM from cancer, treats IBD and other gastrointestinal problems, yet the stock trades at a dime? What am I missing? It does not work and is unsafe, and Leo bought the bankrupt company and the drug for 5 million dollars!
The problem still remains if it removes one drug then what other drugs does it remove? FDA trials will put it to the test for sure if the Refresh 2 ever restarts, Some nice momentum lately, But I am sticking with it never gets FDA approval and the share price will never reach double digits again!
Also in their countless conferences that produce ZERO, When you look at about Cytosorbents, it still says CytoSorbents is conducting its pivotal REFRESH 2-AKI trial – a multi-center,
Again Chan used word “ Paused” if I were still a shareholder and read enrollment paused, I would take that as whoever is active in trial at that moment was still active, Chan could have just said trial paused which is what it was, Don’t put on me what you should be putting on your good lying Doctor!
If it was what PR said enrollment paused, it should say active not recruiting, Chan did not say suspended!
Dr Chan has lied to you and you still a whipping boy, A pause in enrollment should have also included trial already underway halted because that what suspended means! I mean your like Kelly Ann Conway with alternative facts? Jeesh!
Enrollment paused and suspended are 2 different animals!
Because the language of the pr says enrollment paused! https://finance.yahoo.com/news/cytosorbents-changes-contract-research-organizations-120000690.html
Another conference to waste money! And wait till you guys see this! https://clinicaltrials.gov/ct2/results?cond=Acute+Kidney+Injury&term=Cytosorbents&cntry=US&state=US%3ANJ&city=&dist=
These guys and gals here make the mistake of falling in love with a company or product, With Genomics on the forefront in the Bio Sector now CTSO can’t hold $4 anymore, and the filters technology is becoming Jurassic, You can ignore my statements as this continues down with no catalyst to move it higher, Just an opinion on this one, I doubt Refresh 2 will ever start again as it had no chance of being completed because of funding and it would have not gotten approval anyway, After all these countless years what magically do you all think is going to happen? Germany? SMH
It’s sad to think investors can be so naive about a pie that was smashed in their faces a long time ago, There is only one ending here which is bankruptcy, And no I am not trying to pick up shares at 3 cents, I actually owned CTIX till the mako hit piece 3 years or more ago, I remember calling the headquarters and the person answering the phone was Menon’s Daughter, Then at their big shareholder meeting 3 or 4 years ago Leo did not even spring for lunch for the few that showed up, Dr B will not be replaced because Leo can’t afford to pay anyone anymore! NUFF SAID
Maybe it’s just the filter only has limited uses and Doctors might be hesitant to use it because it might filter out other things that leaves practitioners doubt using it, Therefore practitioners are sticking with the SOC since there is no hard data or p values of relevance, The case of the week is cherry picked and not data a Doctor will risk his profession on, Proof, Sales actually went down last quarter, share price, repetitive presentations with zero interest wasting SH money, And a 400 patient trial with endpoint of lessening Acute kidney injury during cardiac surgery, And the latest report is Doctors are doing too many stents and bypasses and patients survival rate is not good in the years after these procedure and the new recommendation is considering medicines more and Vascepa is about to hit the market to prevent cardiac risks in high risk patients, Also the temporary halt on the refresh trial and while you can spin it anyway you want is very bad news considering the price tag on a full 400 patient trial that Chan cannot afford, When you have a sinking ship you have to finally abandon the ship or suffer further consequences!
Can this new research article have anything to do with halt? Maybe AHA is reviewing the whole process of stents and bypass surgery! That’s not b/s but actual facts, Study released on November 16 and halt November 25! Coincidence? I think not!
Simply put maybe it’s the filter that has only limited uses, Your long futile thesis is well, FUTILE! The halt on Refresh is the worst possible news for CTSO since these trials cost more money than the company has or can afford! If it weren’t for the IHUB cult investors CTSO would be trading in the 2’’s where it will eventually end up anyway, You guys are making the terminal illness that is CTSO a painful slow death!