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Join our free #CytoSorbents Symposium as part of the “EuroELSO 2020 – Virtual ECMO Day” on: Combination of ECMO and #CytoSorb hemoadsorption in #COVID-19 patients and beyond. Watch the livestream on June 25th
Voodoo sh@$.
This POS share price will drive any investor crazy. Dow is up 2%, this POS is down 4%. Meanwhile, we should all cheer being at $15 in 2011 and almost ten years later we are at $10. But hey, what do I know, we tripled in the last 3 months?????
The Ticagrelor news alone should have doubled the share price that day it was announced. But no, not CTSO, we hardly moved that day, we almost closed in the red. I thought Pharmas were valued on their potential future revenues, not necessarily the current status quo. Nope, not CTSO.
GNUS turned penny investors into millionaires overnight, while 90% of CTSO investors have done nothing but lose money, unless of course you dumped all your life savings 3 months ago into CTSO. 250% looks pretty good then.
I still believe this company is cursed and not necessarily a Chan issue, just cursed. 2 months ago, pre-market was +70%, we hardly finished the day at +20%. Who does that?
CytoSorb for the removal of ticagrelor during cardiopulmonary bypass should be a SOC in all 58 countries. This will add 10s of millions to the bottom line.
Cytosorbents -
Wanted: Business Development Manager "Cardiac Surgery"! Do you like to join a fast growing international company in the headquarters in Berlin? Will you help us change medicine? Then apply for this new position in a cool team
The good bad news for India, they are just waking up and their infection numbers have been creeping up and catching up with Europe, Brazil and Russia and will pass the million mark soon. India is hardly testing and their numbers should be 10 to 20 times higher than the 170K they are reporting today. That's good news for us I guess.
However, Biocon has been a joke for us for the past 7 years. They couldn't even bring us a million a quarter. McDonald's down the street from me does more than that a month, and they couldn't do that with a nation of 1.4 billion people.
All our distributors get an F from me including those in the UK, South Africa, Spain, Russia, Saudi Arabia, France, Iran. Huge countries with huge populations and hit hard by COVID 19, yet they sold nothing for us. If each one of these geniuses did just a million per Q for us, we would be a $2 billion dollar company now.
Anyway, we still have 30 days in this Q, and let's see how many millions (cough cough) BioCon will order in June.
257,647 traded short yesterday.
http://regsho.finra.org/CNMSshvol20200527.txt
India news is a non-event. We are already approved there and Indians can use Cytosorb for anything they want. We need 10s of millions from BARDA if this dead horse is to march towards 15.
80,000 dead americans is no joke. Orange man had blood on his hand. I hope he and his family rot in hell.
Liar in Chief recommending Clorax. Is that politics or science? I hope we get another four years of comedy. Keeps the late night shows busy.
Why not? These bastards made it, why can't we. Do you think any of their shareholders dreamt of such amount.
Shares of Novavax, Inc. NVAX rose 112.6% over the past two days driven by the company’s announcement of additional funding of up to $388 million from the Coalition for Epidemic Preparedness (“CEPI”). The funding is for clinical development of its coronavirus vaccine candidate, NVX-CoV2373.
In March, the CEPI awarded an initial funding of $4 million to support Novavax’s efforts to develop the vaccine candidate.
Shares of Novovax have skyrocketed 900.5% so far this year compared with the industry’s increase of 9.2%.
They were at 4 a couple of months ago, they are at 43 today.
Come on Chan, announce $60M from BARDA already. Those bastards received 3.5 Billion from the Gov't. Can't they give us 60?
Check out Novavax, $4 in Jan, $32 today, after hours. Almost a 10-bagger since Nov.
That's what you call a nice retirement. Hope our time is coming soon.
You want specifics. You ready?
50 states and one federal system. Let's not enforce anything, let's encourage people but don't arrest them. Let each city, county, state determine what's best for them.
You want specifics: Draconian-style approach similar to the Koreans, Chinese and Italians. Marshal Law style enforcement with tanks on the streets as some people do not understand the language of understanding, respect and staying safe.
You bring testing everywhere, we test people everywhere. We go after people. Korean style. Once, we choke the virus, we start opening up. The only reason we are opening up is because someone has an upcoming election coming up.
China is currently reporting 1, 2 cases a day. We on the other hand are reporting 25,000 a day and 2000 deaths.
We always have to resort to constitutional rights, guns strapped around our necks, and delegating things to the lowest levels and storming city halls because we miss having our nails done and Bud Lights. Forget dying, let's celebrate Cinco de Mayo and picnics.
Another Trumptard talking. Bigly, huge, beautiful. We have it under control. We only have two cases. In two weeks, we are all going to wake up and this thing is going to go away. Let’s all inject Clorox. Oh wait, I was just kidding. Oh wait, even though I said so and so, and it is on video, I did not really say it. Covid is a hoax created by the dems to hurt the prez.
Another +25,229 cases in the US today again with 1,500 deaths. We're just getting started. But wait, let's open up the country and re-start the economy.
For a while, Russia was reporting zero because they were barely testing, now they are reporting 10,000 per day. CTSO still has another year to capitalize on this pandemic. Where the hell is our distributor in Russia?
The US could be big for us in the next 12 months. This is just going to get worse. If the results are positive from the first US hospitals, we could be in all 6,000 of them very soon. Fingers crossed. The SP could multiply by 5 if things pan out in our favor.
That first US announcement, if there are positive news, could fly us by 150% in one day and then off to new highs we never dreamed of before. $50 would be a dream come true and it's very possible.
What makes you think COVID is going away, we haven't even started. The US is at 1.25 Million cases and people just decided to open up the country as if this thing went away and we have declared victory.
People are celebrating Cinquo de fuc*** Mayo in Atlanta like there is no tomorrow. People are walking around with guns strapped around their shoulders refusing to put on masks chanting My body my choice. Watch 1.25 Million turn into 3 very soon as long we have these morons running around not giving a sh** how serious this virus is.
Very soon people will start dropping like flies here in the US on the streets, just like they did in China.
Russia, Mexico, India, Brazil, Pakistan, Indonesia, Philippines - huge populations are just getting started. Many of these countries are reporting a few thousand cases because they are barely testing a few thousand per million, unlike some other places that are testing 10s of 1000s and 100s of thousand per million. Many are running around being positive for the virus and don't even know it. Their Gov'ts are not testing enough. Unlike Spain that is testing 40K per million and UAE that is testing 120K per million.
Mexico with its huge population has reported 26K. What a joke. India with the worst hygiene, healthcare and everything in between has reported 50K for a population of 1.3 BILLION. Can you believe this joke.
I don't understand how we just decided to open up the country just like that for no obvious reason. At least with New Zealand, China and Korea, things did not open up until they started reporting Zero for days. 12,000 people died in the US today alone from the disease. How is this going away.
Q2 to be higher than Q1. Fine by me. Great job and nice accomplishments.
You scared the hell out of me. I thought that was for this Q. I almost slammed my phone.
Let me dream for a second, I just woke up.
Dr Chan will state that we have shipped 10,000 units to US hospitals. Inventory is currently at zero, as we are shipping them as soon as we package them.
We have a good problem that any company would like to have, which is our inability to keep up with demand. We are close to finalizing a contract with a manufacturer to help us with manufacturing.
We open at $15 tomorrow.
You misread my post. I was talking about tomorrow, not today, with a lot of ifs.
New CEO? Who's that?
Some will be crying and some will be smiling. History has not been on our side. Never have we had a surprise Q and we opened high in the double digits the following day. My gut feeling tells me the same will happen tomorrow.
The only exception would be some crazy numbers for Q1 ($10M would be nice) or we have shipped 10,000 to US hospitals in April or we have secured orders from 100 hospitals in the US. Something must be powerful and surprising for his thing to jump to 12. Anything other than that and we will give up all we have earned today and some.
I have no doubt that if all the stars align, this company could hit 60-90 a share. However, with my luck, one star will screw the whole thing for me. I will be damned if I repeat the mistakes of 2011 and 2018. Seeing 100s of 1000s evaporate just like that. If I had cashed out at 15 both times and re-bought at 3, I would have retired by now.
This company made me a lot of money on paper, I just never got to see it. This time, it won't happen. $17 I am excited, $20 I am happy, $30 I am jumping up and down. Anything above that is just dessert.
Traders??? Who you calling a trader. You just showed up a couple of weeks ago and now you''re an expert. I have been in this for 12 years, not one share sold ever (big mistake). Rode this b**** twice to 15, only to watch go down to 3. My money, my vote, my criticism. You wanna take that away from me too. I will stop when we hit 30. Until then, this company disappointed big time over the past 10 years. While things might be looking up, 30 is what we are all waiting for.
I have zero respect for Al Capone or whatever his name is. When most of us, who have zero insider insight into this company, are pouring tons of cash buying up shares, Al Capone was dumping. And instead of hanging him, we sit here finding excuses for him:
Oh maybe he needed money for taxes
Oh maybe his wife needed a boob job
Oh maybe he needed to renew his country club membership
Oh he still has billion shares remaining
I call that bullc***. After pocketing millions in salaries over the years, these guys have tons of cash in their banks. If they even know what image is all about, they would not have sold a single share, EVER, until we make it. Every single one of them have dumped while we sit here and find excuses for them. Insider selling is a no-brainer, it is bad for business, no matter what the justification is. Imagine where we would be if these guys are constantly dropping 100s of 1000s or millions of dollars, scooping up shares.
Tell that to the 1000s of buyers who bought years ago in the 10,11,12,13,14 and 15. Not looking so good for them, is it.
You can't start the clock whenever it is convenient. Look at the past 10 years, 5 years and 1 year and come back again with those numbers.
SP has been an embarrassment. We should be at $30 today not 8.
Driving the SP from 15 to 3, TWICE, and selling on every spike.
Con mucho placer la Asociación Latinoamericana de Perfusión ALAP @FundFavaloro, la Asociación Española de Perfusionistas AEP, Palex y #CytoSorb invitan al webinar del Martes 5 de Mayo a las 17.00 (CEST) ?? cyto.news/covid19webinar
Would it be appropriate to ask them to pour in millions of dollars between them to purchase shares in the open market and stop any sale for the next 3 years. That would give potential investors confidence in this management team. Each executive buys a million dollars.
This company gets an F on insider buys, other than the sorry 10000 shares every once in a blue moon, when other CEOs of other small caps are dropping millions out of their own pocket buying their own company's shares.
I have been through at least 50 Q updates and not once did Chan surprise and we shot through the roof the following day. It was mostly a bloodbath the following day. Although I expect more of the same on Tuesday, who knows, we may get some through-the-roof sales numbers, catching all of us by surprise, because this is what has been killing this company. Maybe he will surprise all of us and we open at $11 on Wednesday.
Like suggesting we inject Clorox to treat CV-2 or waking up one day and this thing will go away just like that or we have nothing to worry about, we have it under control?
We can agree to disagree. Point of my post was that Chan was making it sound he returned the money out of the goodness of his heart when indeed he was legally obligated to do so.
Fake news?????
Mnuchin announced that the SBA may “give people the benefit of the doubt” if there were any misunderstandings about PPP certifications and a borrower immediately pays back the loan. The SBA updated guidance on April 26, 2020 confirms that ineligible borrowers may repay any PPP loan received in full by May 7, 2020 to “be deemed by SBA to have made the required certification [of eligibility] in good faith.” As part of the updated guidance, the Treasury and SBA have clarified the certification requirements for borrowers to the extent there was confusion, noting that only entities without access to other forms of capital, such as selling shares or debt, are eligible for the SBA relief funds.Businesses that have already received PPP loans should strongly consider whether their certifications regarding loan eligibility will withstand investigative scrutiny and assess whether to take advantage of the opportunity to return the funds by May 7th to avoid potential future criminal or regulatory exposure.
Dr. Chan continued, "As a result of this funding, access to public capital markets, and our current favorable financial and operating position, we have decided to return the $1.4 million Paycheck Protection Program (PPP) loan we previously received. We applied for this loan when the program was first announced, but we believe these funds should be deployed to small businesses in greater need of support during this difficult time."
Chan is making it sound like he voluntarily returned the money when in fact the Treasury came out on April 23 and explicitly demanded that publicly traded companies return their loans by May 7.
The more the merrier. The more the shorts, the sweeter the squeeze. We need more of them. They can chase me up to $20.
In the US, we are selling them babies for $1200 a pop, in boxes of 6.
https://cytosorb-therapy.com/en/covid-19/
To date, more than 500 critically ill patients with COVID-19 infection have been treated with CytoSorb in various centers in Italy, China and Germany. Although patient level data is not yet available due to the extraordinary circumstances in these countries, the positive results in Italy have led to the formal recommendation by the Italy Brescia Renal COVID Task Force and published by the Italian Society of Nephrology and ERA-EDTA, to specifically use CytoSorb in severe COVID-19 patients with Stage 3 AKI receiving Continuous Renal Replacement Therapy (CRRT). (2) Also, the recent National Guidelines on adult COVID-19 patients from Panama recommend CytoSorb Therapy. (3) In addition, the recent Handbook of COVID-19 Prevention and Treatment from Zhejiang University School of Medicine, China, is also recommending blood purification to treat cytokine storm in critical cases of COVID-19 infection
Maybe I'll sell a 1000 or 2 at $15. Shorties are wetting their panties. With some positive news next week, similar to what MESO had today, and we could see a double from here, catching the shorties with their pants down.
To date, more than 500 critically ill patients with COVID-19 infection have been treated with CytoSorb in various centers in Italy, China and Germany.