Sunday, January 11, 2015 12:40:33 PM
Leo said that he would update the shareholders at the meeting, mostly only because he believed the data/progresses he planned to update shareholders are the same as he would present to potential partners, those institutions/big pharmaceutical companies.
So, I don't expect lot more new buyers after the meeting, unless we have partnership announcements. If he already has deals in pocket before that meeting, why would he waist time on that meeting?
On the other hand, this meeting is a golden opportunity for us long term investors, if all of Dr. Jerry's questions gets answered.
All in all, I expected Leo has to strike deals within next 3 months. Otherwise CTIX pipeline developments are going to be stalled. Once the deals announced for B, watch out CTIX sp establishing a new base at around $12 shortly. And 2015 and 2016 would be very good years for us anyway. If only 50% efficacy show in K trials, watch out explosive years of 2016, 2017, 2018, 2019....
Plus any positive P development could add bonus to stock price at least $15 per share.
So I would say CTIX is a long term buy and hold. SF meeting or not, none of those is a tradeable event. If you don't have enough core holding, sell other stocks to buy in.
Believe me, this is a life time opportunity. And you have only one life.
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