CytoSorbents Corporation (CTSO)

[snow]

BuyMyAsk

I read a lot of your posts last year. Then I got the impression that you bought this share several years ago and I was convinced by your negative perspectives. This played a factor when I sold my more than 100,000 shares (before the reverse split). If I had not done that I guess I could have made a profit of about $ 100,000. The reasons why I sold is that I aaw more potential in a couple of other stocks. One of them is SIAF that has more than tripled since last autumn and is still trading at a prospective p/e of about 2 despite the fact that it is likely that earnings per share will grow at a rate of 20 % + for a number of years. I have a stake worth some $ 300,000 in that company. Therefore I am not too unhappy that I sold my stake in CTSO. I had expected revenues to grow at a rate of 30-50% quarter over quarter. I am therefore very surprised indeed that revenues will be more or less flat over a period of more than one year. Since I am more than 70 years old I am not so interested in how CTSO will perform 5 years into the future.