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I think the spike is related to this:
https://seekingalpha.com/news/3598328-cytosorbents-nabs-new-u-s-gov-contract-for-new-blood-filter?source=intbrokers_regular
Let's hope that we get an approval. That could also help spread the word.
I have to admit that I used Google's assistance in finding out what tide pods are. I had thought about something related to Marijuana. I do not know how bad the cases have been, maybe a Cytosorbents filter helped some patients. But what do you expect? Do you think things would be better if the patients would have found bleach in addition to injection in their household?
I use the tool to watch the insanity level of private investors. NKLA is falling strongly while Robinhood users are happily loading up shares. On CTSO they seem to get bullish. Maybe they just bought the dip. These investors like strong growth stocks and turnarounds such as CCL.
I have to admit. I was also disappointed with the earnings and dilution of shares. A different solution would have been better for the stock price. Would it be possible to take debt instead of dilution of the shares? With new sales numbers the debt could be paid off. However, I am happy about the production being extended. Younger private users seems to be happy with that, too. They seem to have bought the dip. The young people are not always stupid:
https://robintrack.net/symbol/CTSO
I like robintrack:
https://robintrack.net/symbol/CTSO
Here you can see that Robinhood users reduced their position in CTSO. At the same time the stock did loose its positive momentum. We may see a revival, if FOMO investors buy the stock again. Is there another Broker with such statistic about its investors?
With stocks such as Tesla one has to keep in mind that Robinhood users can buy also parts of shares. However, it shows a trend of private young investors.
@ Robroaster
We have some Investors here at the board who want to buy Pianos in the near future or make fast money. Here it would be fine to get the momentum really going off.
Robin hood is most probably the best platform for that. The popularity may also rise attention to long time investors.
For the long rung it does not matter too much. Hopefully, CTSO is now constantly earning money, so we may not need more money from investors. The stock price will follow the earnings. Future earnings depend on future earnings depending on FDA approval, finished or promising studies. I am happy if the earnings do not depend too much from Germany. The Adsorber should be used in other countries. Worldwide there is much more potential for earnings in comparison to a single country like Germany.
However, I am happy that we use the Adsorber in our country. I think that is more reasonable than injection of bleech. On the other hand CTSO is unfortunately a US company. We have innovative companies such as Wirecard: Beyond payment That was a bit too much for my taste.
Hi guys, I wish us success in beating 52 week top today? If some good news would get to the right people. Take a look at Robin Hood:
https://robintrack.net/symbol/CTSO
The youth are still reducing their position in CTSO. Has anybody an idea how to spread news in Robin good related forums?
We have so many promising studies. As a normal investor you will not find the latest news to CTSO. It took me a while to figure out how promising it is. The small Adsorber capable of blood thinner removal is really promising.
Mike Smith,
I do not know how you build up your fortune. I guess that you did it actively by getting things done. Why are you whining all the time about things you cannot change anyway? Keep your focus in your circle of competence and the world will look more bright for you.
I agree with some aspects of your post, but not with this one:
All we can do is sit and wait for a miracle !
I do not know if Cytosorbents is allowed to post studies of other companies. And I do not care. We do not need to discuss it here. I proposed to setup a RSS Feed and I will link it to Google News. It will take some days and I am not very comfortable with it, because I have some CTSO shares.
You can try to find out how to feed Yahoo news for a company or Seeking alpha. Maybe Robin Hood does also have a news feed. If we get the attention of greedy millennials the stock price could significant go up. However, we ne finished studies, FDA approval... for the long time success.
Imagine Techxen would complain with any post instead of providing some useful links? The forum would be useless. But I have to admit that users of this forum are shingly invested anyway. That is my intention to spread the news to Google, Yahoo, Seeking alpha and Robin Hood.
Setting up a webpage is a mess in Germany due to DSGVO. I would be happy if I would not need to setup a webpage since I just want to post links without commentary on my site.
Does anybody know how to propose found content to Google news? Techxen has so many good links. I would like to share them with Google news for CTSO or Cytosorbents. I did find a possibility to create a publisher page for Google news. However, the links are not my content. I do not know if Publisher is the right approach.
I would like to add the link so that the good news are available to more people searching for CTSO and Cytosorbents.
Broker's also show news to a stock. I do not know where they get the content from, but some links may be useful, too. For example the NY times article.
I do not complain about CTSO marketing. I am trying to find ways to help increase the news range of CTSO. Since I own some shares I also do not want to do illegal things. Just sharing interesting existing links should hopefully not count as market manipulation. If someone has some links I would be happy to help spreading news for CTSO.
@ssmmss
I think your CTSO position is too large. This is a general recommendation. If your position in CTSO is equivalent to two condos you should have at least a total amount of stocks with a market value of 40 condos. If you prefer a very concentrated portfolio you should have at least 20 condos in stocks. If this is not the case I would reduce the position.
Unfortunately I did not get information about the patent lately been shown from CTSO. I did ask a DR in that filed, but he did not answer. I would really like to get more information about it.
@ Techxen
I did ask an institute for AGE determination about the patent. I think we may ask Dr. Chan about it in call.
It is possible to measure AGE level in blood. The AGE level depends on the diet and other factors such a smoking. If the adsorber removes AGE out of the liquid, I think the level will rise again. I have no idea, how much a diet change effects the AGE level. Maybe, the reduction helps for a larger time scale. On a powder basis it could be taken as a drug on regular basis. I have no idea. As far as I understood the patent AGE is removed out of liquits. Not RAGE. An expert is required here. I am also trying to get in contact with an expert in that field. I do not know if I get him. but I will keep trying.
Techxen, you made my day. I did send a request to doctors I know. However, I do not know if they are familiar with this topic. Do you attend the next shareholder meeting, phone call? Would you please ask about this patent? That sounds unbelievable good. I would like to see, if they have a roadmap for this product.
Maybe it is also time to speak about introduction of a natural dividend, if this product helps with diseases due to aging. This way long time investors with 1000 shares for instance could get a treatment for free.
Greenaccountingbean, thanks for this information:
"CytoSorb has also received FDA Breakthrough Designation to remove ticagrelor during emergent or urgent cardiothoracic surgery, representing a potential path to U.S. FDA approval."
I missed this one...
mikesmith999945
Does your daugther alreday play piano? Not that you buy a piano and she looses interest by time. I did buy a piano for my daughter as well. Steinway is a very good brand. Bechstein is also a nice one. However, new pianos do not have the same quality as the old ones. If you buy a new piano it must be tuned more often, since the wood reacts to the environment... An old one (1930 for example) must be tuned as well. The place should be good considered. Not at the windowside and a constant temperature with not too dry air. I did buy a piano from a local brand in Stuttgart. In the old years they did build good pianos, too. It is used and the quality is good. It did cost 200€ including shipping. The old owner changed flat and the parents did not want to keep it at their place. So they wanted to move it anyway. Some friends of mine helped me lifting the beast up the 5 steps. It is a normal piano (no wing), but unfortunately of the heaviest ones. I know a piano tuner working for himself. He is very good and does not want to sell stuff, if you know what I mean. He told me that the piano is very good, but needs some time tuning and cleaning parts. You can not tune a piano too much at one session, if the pitch is too low, which is often the case. At the moment it should not be played togerther with other instruments (due to pitch). Next time he will increase the pitch higher, clean other parts etc. So I would say in about one year I spend less then 400$ on the piano and two times tuning. Your blogger Mr. MMM would have surely tuned this thing by himself. But I finally found ways to get the thing build up. The piano tuner took two hard hours at the first time, since it was not tuned for a couple of years and due to transportation.
@ Raptorjockey
If we do not get Covid controlled, this would be indeed a new field for the Adsorber. The stock price correlates at the moment with the pandemic degree. Here are some investors following the stock price on a weekly or daily basis. If we get a Covid Impfung? I would imagine that CTSO stock will go down. However, the Adsorber was used in a lot of countries. It may have gotten reputation for sepsis and maybe also for blood thinners. Hopefully some studies will follow and finally new markets such as the USA. This may take some time and the stock may likely go down beforehand. If we get a lot of sales due to Covid the stock may go up significant. But it will come back once a treatment pops up on the horizon. We will not loose the reputation and acceptance having build up in the meantime. I do not think that this will be visible in the stock price.
My CTSO position is by the way about 10% of my portfolio. If Covid goes away causing the stock to come back I will load up some shares. Blood thinner removal is a big market. At the moment CTSOs revenue is about 60% from Germany. It got approval for blood thinner removal in the EU, which is much bigger than Germany. Imagine the US as a future market.
In my opinion Covid could be a catalysator for spreading the word in usage of Cytosorbents. Therefore, I did buy more shares. I may have bought too expensive, if Covid flattens without progress being made in other fields. I wish you the best in the US regarding Covid. Hopefully, the Adsorber usage does not increase much due to Covid since the patients being treated with Cytosorbents suffer a lot.
We should not forget about the real purpose of the Adsorber. I would like to see results in studies including control groups. The case studies may not help much in getting forward:
https://www.tagesschau.de/investigativ/ndr-wdr/anwendungsbeobachtungen-123.html
I do not know if you can translate this with Google. It is not about CTSO.
If Covid goes away, there are surely some people here complaining about the stock price. I hope, that Covid treatment will not be a constant income for CTSO over the next years.
I would also highlight that an increase of the stock does not matter too much for some investors. If you have 100 shares of CTSO and the stock goes north to 50$, you would have made 5000$ out of 1000$. I do not want to play the investor down, but I think there are more easy ways to get such an amount of money. We can not change anything ourselves within this website anyway.
I am invested in CTSO only since a few months ago. I can not tell the history of the Adsorber usage by location. However, I knew that we have also a marked in Switzerland. Freiburg and Switzerland are very close to each other. I would imagine that the Adsorber is spreading by good recommendations. So it is very important to get a feed into a new marked. If people are happy with the cardiac results other fields are likely to follow. Simply by spreading the word between peers. A partner like Fresenius should also help spreading the usage around their market. So I would personally like to see a smaller profit range, if this would mean to have a strong partner distributing the Adsorber around the world. It is important that the partner earns enough profit himself to be willing to distribute it. A lot of companies with thin air are distributing as hell. They try to get into the market. Then they start monetization and increase their profit.
Techxen, thanks for sharing. This article points out why I am long in CTSO. There are so many stocks available. Everyone can find best stocks matching their needs. There are stocks macking fast money on thin air. I would also like to see the price of CTSO rising up to 20$ and above. But at least we have a product. We only need to get it on the street. Some companies uses such phrases without having
a product at all. We need to see progress on studies such as removal. If the studies went fine this will lead to permission of the Adsorber in other countries for other purposes. With increasing usage of the Adsorber it will also be used on other topics and maybe a bit earlier in some cases. The example also shows that the Adsorber was used in Germany. CTSO is getting about 60% of its revenue in Germany. The price will follow in the long run.
@ HadToHaveit
Do you mean this study:
https://wexnermedical.osu.edu/mediaroom/pressreleaselisting/ohio-state-uses-experimental-therapy-to-combat-excess-inflammation-in-covid19-patients
It seems that this study is about:
clr 2.0 hemofilter
@ Greenaccountingbean
Thanks for the link. I missed that one either. I was searching for reports with more patient data. Why do these reports not show up in my broker's CTSO news page, Google or Yahoo Finance?
I am looking forward to process being made regarding remove of blood thinners approval in the US. If the Adsorber is working fine with Covid, why is it not approved for one of its key features? It may require some patience. Here in Europe we do have at least the approval and we are getting more studies with time passing by.
At least today the stock went up and not in the other direction.
Techxen, thank you for your very special links. I do not know where you find all the news but I appreciate your links sharing to the community. Maybe CTSO could use someone like you for PR. I am living in Germany, so I may not attending the dinner in Vegas. If the shares hit 20$ within the next month I would invite for a dinner for German followers. I am quite loaded with CTSO shares... If the shares happen to hit 50$ we can meet in Vegas and I will pay for dinner. I see a lot of potential in the stock. Besides the monetary success, I am also happy to invest in a company with such a good product for all of us.
Thanks Aliberto,
I finally managed it. On my IBRK app it was not possible, but on the desktop I did find the guest login.
Help, does anybody know how to find the control nbumber within an IBKR account? I do not find the 16 digit number to participate in the virtual meeting.
I did look at fintel Short ratio. I am wondering about the total volume of 26 and 27 of may. It is more than 3 times higher than usual. Was CTSO in the news at these dates? If yes it seems to have been not too convincing.
Let's see what Tuesday will offer. Hopefully, production is ramped up.
Thank you for the tool! It is nice to see a short ratio chart. However, the short ratio seems to be between 10-25 for the the last months. Let's hope for really good news on the company side.
Hello, would you please tell me where you find the short amount? I may using finviz with CTSO. Here I see Short Float 9.39%. that did not change the last days. But the value is not updated frequently...
Hope the best for CTSO and that it will help lots of people.