Friday, February 05, 2016 3:17:36 PM
Emphasis on that our big seller(s) are not in the present market.
There is increased support at the BID, but this has not translated into aggressive buying and moving the price higher.
I'm guessing that price will be stable. There could be some erosion, as news effects fade. There could be some dips at points of illiquidity. I will look at these events as possible buying opportunities.
I could see taking a long (year or more) trade position; when, things warrant it. I have done so with CTIX in the past.
If, when, the science wows the street; a positive price move could last years (with normal cycles). I'm hopeful, and looking forward to this.
CTIX subject to pops and fizzes.
Current, general market looks like a bear. Worst kind of bear attack is not the one that ends quickly, allowing for a quick recovery. Worst kind of bear is the one that toys with its prey.
Currently a $0.06 spread on CTIX (about 5%). That is a lot.
Recent IPIX News
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